May 12, 2017
Flexe has quickly emerged as the Airbnb of warehouses. Not only has the Seattle-based sharing economy startup created an on-demand marketplace for spare warehouse and fulfillment space, the company will offer something Amazon doesn’t, overnight ground delivery to nearly anyone in the country.
In a short span, Flexe has built a better geographic footprint than the decades and billions it took Amazon to build its network. It has assembled 25 million square feet of storage space in 550 warehouses so far, with plans to boost that portfolio by 10 million square feet this year.
The way it works is merchants book storage space online, and inventory is spread across the country. That means overnight deliveries can be made by truck rather than plane, which costs less. And a bonus is shipments are delivered in a company’s own branded box.
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