Flyp

Based in California, US, and founded by James Kawas and Dani Arnaout in 2019, The Selling Company, Inc. , doing business as Flyp, is an enterprise-grade e-commerce tooling company. In July 2021, The Selling Company, Inc. raised USD 3.

2 million in venture funding led by new investor NextView Ventures, with participation from other new investors Afore Capital, Alante Capital, BAM Ventures and Interlace Ventures. Returning investors 1517 Fund, 2048 Ventures and Ground Up Ventures also participated in the round. In April 2022, Flyp raised USD 10. 65 million in Series A Funding led by Asymmetric Capital Partners, with participation from returning investors 1517 fund, Afore capital, Alante capital, BAM ventures, Ground up ventures, Interlace ventures, and Next view ventures.

New investors are Gaingels Syndicate and Tectonic Ventures. The Series A funding valued the company at USD 40 million post-money. Flyp provides an AI-enabled marketplace that enables registered users to sell high-quality used and new clothing and accessories by using the services of independent professional resellers and for clients and sellers to communicate and transact directly with each other. Pros handle pricing, listing, negotiating with buyers, packing, and shipping as well.

Additionally, reseller tools include Crosslister which features include crosslist to Poshmark, eBay, Mercari, FB, Depop, instant importing, auto-delist sold items, and analytics. Posh Sharer helps with offering to likers, CAPTCHA solving, scheduling, following/unfollowing, and community shares. The company generates revenue by charging a 5% service fee to consignors.