Saltbox Opens First Co-Warehouse in Miami Area Designed for Small Businesses & E-Commerce Companies
Saltbox, Inc., the flexible co-warehousing and small business logistics pioneer, today announced it has expanded to Doral, Florida, expanding its network of flexible warehouses to the Miami area. Serving as its eleventh co-warehousing location in the U.S., Saltbox continues its rapid expansion of flexible warehouses and fulfillment centers nationwide, after more than doubling its footprint of co-warehousing locations in 2022.
Located at 1701 NW 84th Ave, Saltbox Doral offers over 31,000 SF space including 68 flexible warehouse suites. The new location, which has already seen interest from hundreds of local entrepreneurs, includes conference rooms, flex storage, access to loading docks and a top-of-the-line photo studio.
“Miami is at the heart of South Florida’s startup and small business scene and expanding our footprint into the market has been a top priority for Saltbox,” said Saltbox CEO and Co-Founder Tyler Scriven. “Saltbox Doral is home to a vibrant, multi-cultural community of entrepreneurs and we look forward to connecting its diverse community of brands with access to the logistics solutions they need to effectively build, scale, and grow their businesses.”
Saltbox Doral is located west of Downtown Miami with a thriving environment for tech innovation, small business owners, and ecommerce entrepreneurs. Situated next to the Miami International Airport and off of 836 and 826, Saltbox Doral is conveniently located for Miami entrepreneurs.
In November 2022, Saltbox announced a $35 million Series B funding round, bringing its total funding to $56 million. The investment was co-led by Atlanta-based and family-owned Cox Enterprises Inc; a leader in the broadband, automotive and media industries, and Pendulum; a strategic growth investing and advisory platform designed for founders and leaders of color and previous investor in Saltbox. The round also included investment from Playground Global, XYZ Capital, Fundrise, Kapor Capital, Wilshire Lane Capital, Colliers, Lincoln Property Company, Flexport and Overline among others. Funding will support developing Saltbox’s core technology stack powering its end-to-end logistics platform for small and growing ecommerce businesses.
Last month, Saltbox kicked off 2023 with the opening of its 10th location in the Minneapolis area. In 2022, Saltbox more than doubled its growth, expanding its flexible warehouse network, including new co-warehousing locations in Alexandria, Virginia; Carrollton, Texas; Minneapolis, Minnesota; and a second location in Atlanta’s Upper Westside neighborhood to support its flagship facility. The company also opened its first-ever fulfillment hub in Dublin, Ohio – a strategic location in the Columbus, Ohio market that allows members to reach 67% of the total U.S. population via 2-day shipping.
This momentum follows a successful 2021, in which Saltbox expanded its footprint into the Los Angeles area in Torrance, as well as Denver, Dallas-Fort Worth, and Seattle. It also launched fulfillment offerings tailored to SMBs. Saltbox closed its Series A round of $10.6 million in March 2021. This month, Saltbox also plans to open a new location in Tempe, Arizona.
Of Saltbox’s more than 500 members across its 12 co-warehousing locations, more than 70 percent are ecommerce companies that sell physical goods directly to consumers. These SMBs span numerous industries including fashion and apparel, health and beauty, home goods, resale, and tech in the hardware and services sectors. Nearly 75 percent Saltbox member businesses are led by women or people of color.