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Flare
Revolutionising the way that we shop online to save the planet
- 1-20 employees
- Fintech
- Retail
- Sustainability
- Logistics
- Personal finance
- Supply Chain
- SaaS
- Data Analysis
- Environmental
- eCommerce
- Westminster, London, UK
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Company mission
To create a sustainable future for global production and consumption. With Flare, shoppers can plan ahead and buy products for future dates, saving money while supporting businesses in boosting sales and more effectively managing demand.
Our take
For eCommerce companies, predicting the inventory that will sell on their websites is vital to retaining customers and building brand interest, and on the flip side, incorrect predictions might result in stock sitting unsold in storage. Flare supplies a platform for planning and increasing sales, that allows eCommerce companies to let their customers order in advance, taking the guesswork out of product listing and reducing the need for excess stock.
Flare’s platform is centered around embedded finance. It takes future demand data from shopper UX analysis and can help companies increase sales, cashflow and streamline eCommerce businesses.
As a young company, it is hard to predict Flare’s capacity for profit or growth but, interestingly, it is partnered with leading e-commerce platforms including Wix and Shopify, showcasing that the industry indeed has an interest in its platform.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Early employee, with fast career progression
- Equity in a rapidly growing startup
- Weekly team socials
- 25 days holiday per year (+ bank holidays + your birthday)
- Fun, collaborative and meaningful work
Company values
- Mission-driven - You’re passionate about completely changing the way we buy and produce things globally. Helping businesses, shoppers, and the planet
- Obsessed with the problem - Focused on the challenges of our customers
- Ambitious - We want to change the world. We constantly strive to be better
- Honest - We have an open environment for thoughts and ideas. Be comfortable with failing and taking risks. Open to criticism and feedback
- Resourceful - Being able to pick something and run with it. To problem solve proactively
- Inventive - There’s always a solution in seemingly impossible situations. Be outside the box
Funding (1 round)
Dec 2022
$0.4m
ANGEL
Total funding: $0.4m
This company has top investors
Leadership
Daniel Parekh-Hill
(CEO)Inspired by unresolved challenges in retail and the role of embedded finance in financial education, Daniel joined Entrepreneur First to co-found Flare with Alex.
Alex Hooper
(CTO)Self-taught software engineer, previously building and leading engineering teams at 11:FS.
Office
Endorsements
All
Challenging work (1)
Meaningful work (1)
Inspiring mission (1)
We are a small team and we're all very hands on with multiple parts of the business. This lets me delve into areas of business I wouldn't have the chance to normally, which is exciting and interesting, but also a tough challenge that I look forward to every day!
Software Engineering
Challenging work
Jul 2023
Flare aims to provide a service that impacts all e-commerce businesses and how we all shop online. We are looking to drastically reduce fashion and e-commerce waste while simplifying the lives of e-commerce retailers. Such a wide range of impact has a lot of meaning!
Software Engineering
Meaningful work
Jul 2023
The mission is to reduce waste while shopping online like no other company has before. We're looking to save the planet, save retailers a lot of hassle and save your pockets! Our main driver has always been a more sustainable planet, but we are out to help everyone out!
Software Engineering
Inspiring mission
Jul 2023