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FloorFound Lands $4M Seed To Resell Oversized Retail Returns

If you ever buy an oversized piece of furniture online that you need to return, FloorFound may be the company behind the return. Chris Richter and Ryan Matthews started FloorFound with a mission to keep these oversized goods from finding their way to landfills by transforming returns into resales.

“E-commerce penetration grew to 30 percent during the global pandemic, and we will never shop in the same way as in the past,” CEO Richter told Crunchbase News. “No one has focused on the oversized returns of that 30 percent, which accounted for more than $92 billion of revenue last year.”....Read more