FlowFox
Financials
Estimates*
USD | 2023 |
---|---|
Revenues | 1.4m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | - | |
* | N/A | N/A | Seed |
* | €1.0m | Seed | |
Total Funding | $1.1m |
Recent News about FlowFox
EditFlowfox is a technology startup that offers a global solution to streamline the import process. The company operates in the logistics and supply chain industry, serving clients such as ocean carriers and forwarders who are burdened by manual import processes, lack of security, and disputes over incorrect or late container releases or invoices.
Flowfox's business model is centered around the development and integration of Application Programming Interfaces (APIs), which are sets of protocols and tools for building software and applications. In simpler terms, Flowfox creates digital tools that can easily and securely connect with existing systems to automate and standardize the import process. This eliminates the need for huge IT resource investments and reduces the manpower requirements, delays, and disputes that importers often face.
The company's solution also addresses the problem of poor equipment control and unnecessary costs due to unknown drop-off depots and dates. By providing a consistent and automated process, Flowfox helps its clients to have better control over their equipment and reduce unnecessary costs.
Flowfox also supports the Digital Container Shipping Association (DCSA) in developing new standards and uses the standards published by DCSA. This means that Flowfox's solution is not only efficient but also compliant with industry standards, which adds to its credibility and reliability.
In terms of revenue, Flowfox likely makes money by charging its clients a fee for using its API and related services. The exact pricing model is not specified, but it could be a subscription-based model, a pay-per-use model, or a combination of both.
Keywords: Logistics, Supply Chain, Import Process, Ocean Carriers, Forwarders, API Integration, Automation, Standardization, Equipment Control, DCSA Standards.