Flyp, an e-commerce app that helps third party clothes sellers, seeks to use machine learning to assist stay-at-home sellers. The company’s main revenue-generating product is an algorithmic matching platform that connects ordinary consumers with major resellers to help them move unused inventory. On Flyp’s app, a user lists the items it’s seeking and is matched with a reseller that specializes in that inventory. The two agree on a commission split, with Flyp taking a 5% cut and handling the logistics of the inventory transfer. Large e-commerce companies use sophisticated automation technologies to market and track their stock. Flyp is providing similar technologies for free to stay-at-home vendors who manage several listings across multiple platforms. The platform processed $7 million worth of merchandise in March 2022, up from roughly $1.7 million at the same time last year. Over $1 million worth of product is pouring into the platform each month.
Flyp wants to give power resellers enterprise-grade e-commerce tooling | TechCrunch
