Founded 2022
Founders Daniel Parekh-Hill, CEO Alex Hooper, CTO

Flare enable online retailers to sell their products for future dates, helping improve cash flow, inventory management and sales. 

£130 billion worth of inventory is wasted each year due to overproduction or expiry, generating millions of tons of greenhouse gas emissions. Over the last 20 years, retail companies have used the same legacy systems to attempt forecasting demand, leading to a 20-30% waste on average.

Flare unlock the ability to buy for future dates, rewarding shoppers for forward-thinking spending habits, while delivering valuable insights on future demand for e-commerce businesses to minimise excess production. Connecting customers and businesses more closely, they are on a mission to build a more sustainable future.


Founders

Daniel
Parekh-Hill

CEO

Daniel graduated from LSE with First Class Honours in Economics. He spent 3 years at Bank of America Merrill Lynch forecasting sales, cash flow and inventory for businesses. Prior to Flare, he founded a company in student finance, addressing the information gap around student loans.

Linkedin

Alex
Hooper

CTO

Alex is a self-taught software engineer with 5 years of experience building apps and products. He was part of the founding team of the banking-as-a-service fintech platform 11:FS. Over the years prior to founding Flare, Alex grew increasingly passionate about impulsive spending behaviour.

Linkedin

Related

A&B Smart Materials

A&B Smart Materials

Revolutionising cooling technology through the development of novel, smart hydrogels.
AarogyaAI

AarogyaAI

AarogyaAI is an AI-enabled SaaS that diagnoses drug-resistant turberculosis (DR-TB) in hours instead of weeks.
AccuRx

AccuRx

Powering communications in the healthcare sector.
Ackcio

Ackcio

Extremely reliable, wireless monitoring solutions for the world's most challenging industries.
Adelántalo

Adelántalo

Factoring 2.0 for Trucking in LATAM.
Affable

Affable

Leverage AI for your Influencer Marketing Campaigns.