Gifting on-demand startup Afloat goes nationwide

Afloat, a present supply app that permits you to store from native shops and have presents delivered to a liked one on the identical day, is now out there throughout the U.S. The startup introduced on Monday that it’s rolling out its service nationwide after beforehand solely being out there in choose cities, together with Atlanta, Dallas, Charleston, Fort Price, Kansas Metropolis, Nashville and Wichita, amongst others.

The startup was based by Sarah-Allen Preston after she skilled the stress of her new child present process open coronary heart surgical procedure. After receiving considerate presents from family members, Preston wished to make speedy gift-giving attainable for everybody, together with those that reside in one other state, to help their family members in a time of want. 

“After I seemed again on that have, although, I weirdly didn’t bear in mind the stress and the heartache. All I remembered was how folks confirmed up for me and the way cared and supported I felt… So, I took that feeling and went on to amplify this on the planet by know-how,” she advised TechCrunch. 

Afloat goals to supply the comfort of on-line buying and immediate supply whereas additionally supporting native companies with out leaving your property. Afloat takes care of all the gift-giving course of, together with reward wrapping and including a handwritten word for an additional private contact. (Preston talked about that that is extra considerate than receiving a typed Amazon receipt.) As for the supply half, DoorDash drivers care for that. 

Picture Credit: Afloat

After the pandemic, many shoppers realized how a lot they appreciated their native retailers. Nearly 40% of small companies needed to shut down through the COVID-19 lockdown in 2021. That need to buy at small companies continues to remain robust. In accordance with a recent survey by Intuit, 62% of members stated they need to purchase from small companies of their neighborhood. E-commerce giants are additionally capitalizing on this mindset, as demonstrated by Etsy’s new gifting initiative, which options curated reward guides that spotlight impartial store house owners.

Picture Credit: Afloat

The app at the moment works with 100 retailer companions, starting from bakeries and child shops to bookstores, florists, conventional reward shops, jewellery shops and so forth. In accordance with the corporate, it has helped its retailer companions develop their gifting income by 30-50%. 

The corporate has additionally now shifted to a SaaS (software-as-a-service) mannequin to permit extra shops to hitch the platform, together with different forms of companies, like spas and comparable companies. Afloat will provide subscription plans at $99/month (Gold) and $299/month (Platinum), which features a newly launched dashboard that gives shops with advertising and marketing and merchandising help, in addition to gross sales knowledge, and different helpful options. 

“We don’t need to hard-launch markets anymore, which is de facto thrilling… We’re going to have the ability to be SaaS wherever, in all places,” Preston stated. 

Moreover, the corporate is within the means of constructing a subscription tier for customers, which is able to enable them to entry premium options like scheduling deliveries and being notified as quickly as a brand new reward providing drops. 

Afloat at the moment has over 30,000 customers. It’s backed by Goodwater Capital and Techstars, with over $5 million in whole funding.

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