By Margaret Jackson/NewsBreak
(Denver, Colo.) Small and medium-sized businesses have a new option to help them grow their businesses.
Saltbox, a logistics solutions provider for e-commerce companies has opened a 102,000-square-foot warehouse in Denver’s Park Hill neighborhood. The facility — Saltbox’s largest to date — includes more than 125 flexible warehouse and office suites and will offer members the use of conference rooms, flexible office space, access to loading docks and photo studios.
“Saltbox is excited to open our fifth and largest location in Denver, a city that has become a hotbed for tech innovation and entrepreneurship for creative startups and direct-to-consumer companies,” Saltbox Co-Founder and CEO Tyler Scriven said. “As the e-commerce and tech economy proliferates across the city, Saltbox looks forward to providing Denver entrepreneurs wand business owners access to our logistic, fulfillment and flexible work solutions to fuel business growth and creativity.”
High demand spurs new facilities
Saltbox opened its first location in Atlanta in 2019. There was high demand for the 27,000-square-foot facility from small businesses seeking a purpose-built co-warehousing solution with flexible workspaces, a range of integrated logistics services and modern amenities. Today, the company also has locations in Dallas-Fort Worth, Seattle and Torrance, Calif.
Of the company’s nearly 150 members, more than 70% are e-commerce companies that sell goods directly to consumers. The companies span a variety of industries, including fashion and apparel, health and beauty, home goods and resale as well as tech in the hard ware and services sectors. Half of Saltbox member businesses are led by women or people of color.
In April, Saltbox completed a $10.6 million Series A round of financing to accelerate expansion of its warehouses, co-working spaces and proprietary logistics solutions. Led by Playground Global, the Series A round also included XYZ Venture CApital and Wilshire Lane Partners, bringing Saltbox’s total funding to $16 million.