Flare
Flare allows shoppers to schedule online orders for future delivery dates. E-commerce businesses are able to secure more revenue, while unlocking the data on future demand to minimize excess stock.
In e-commerce, everyone wants to be profitable. Yet it’s challenging because there is uncertainty. Businesses have to guess who their customers will be, what they will buy and when they will buy it. Many businesses rely on historical data to make predictions, which is manual, unreliable and costly. Getting these predictions wrong creates risk, missed revenue and excess costs.
Instead, Flare allows shoppers to schedule their orders for exactly when they want. Not only do e-commerce businesses offer a better customer experience, they are able to react in real-time to customer demand to increase profit and reduce emissions.
Founders
Daniel Parekh-Hill
CEO
Daniel is a behavioural economist, with 3+ years experience forecasting demand. Like with travel and hospitality bookings, there’s been a shift to allow consumers to plan ahead in order to reduce complexity in operations. He sees a world where anyone can order a product for exactly when they want and businesses have the data to meet demand.
Alex Hooper
CTO
Alex is a self-taught software engineer, with 5+ years of experience building embedded softwares and engineering teams. At 11:FS, Alex saw the impacts of “Buy Now, Pay Later” on consumers. He sees a world where technology empowers and rewards consumers for being positive, forward-thinking habits. If we unlock small behaviour changes, we also create huge benefits for both businesses and our planet.
Milestones
Founded at Entrepreneur First
Beta stage with SME businesses
Launched on Shopify, expanded to Shopify Plus and Enterprise businesses