NEW YORK--(BUSINESS WIRE)--CB Insights today named Flow, the premier cross-border e-commerce solution for brands and retailers, to its inaugural Retail Tech 100 ranking, which showcases the 100 most promising B2B retail tech companies in the world.
“Flow is thrilled to be recognized as a leader in retail tech for cross-border e-commerce. The growth opportunity for brands to sell internationally has been enormously accelerated as a result of the challenges in 2020,” said Rob Keve, co-founder and CEO of Flow. “Our flexible, modular platform allows brands to achieve their international e-commerce goals quickly. Our mission is to enable brands to build a loyal consumer following all over the world by removing the common barriers to cross-border e-commerce purchasing, and providing global consumers with easy, local shopping experiences.”
The 2020 Retail Tech 100 highlights startups reimagining the retail experience across 13 categories, from e-commerce infrastructure to supply chain automation and cashierless checkout. The 21 countries represented this year include India, China, Canada, Singapore, and the United Kingdom, among others.
“The rate of change in retail is accelerating, and the Retail Tech 100 showcases the tech companies that are changing every facet of retail - from store automation to supply chain robotics to personalized merchandise discovery. Spanning 13 distinct technology markets, they address key challenges retailers face today while also helping them adapt and be ready for changing consumer habits," said CB Insights CEO Anand Sanwal. "The honorees also underscore the fact that the best technologies driving retail transformation may come from anywhere as they hail from 21 countries ranging from Canada to Singapore to Brazil to Sweden. As we head into 2021, we are excited to see the impact the Retail Tech 100 will have on customers, retailers, and markets."
Through an evidence-based approach, the CB Insights research team selected the Retail Tech 100 from nearly 15,000 applications and nominees, based on several factors including patent activity, business relations, investor profiles, news sentiment analysis, proprietary Mosaic scores, market potential, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.
Known in the cross-border e-commerce space for its leading technology, Flow continues to expand its presence in the U.S. and worldwide. The company’s client base includes fast-growing and notable brands with global ambitions across various categories, including apparel, accessories, jewelry, beauty, electronics, home goods, furnishings, and more.
About CB Insights
At CB Insights, we believe the most complex strategic business questions are best answered with facts. We are a machine intelligence company that synthesizes, analyzes and visualizes millions of documents to give our clients fast, fact-based insights. Serving the majority of the Fortune 100, we give companies the power to make better decisions, take control of their own future, and capitalize on change.
Most e-commerce businesses struggle with the complexities of selling their products internationally. The problem is, they don’t have the tools or the flexibility they need to sell cross-border, and existing solutions are missing the mark. At Flow, we believe there’s a better way and that global e-commerce should simply work. We have first-hand experience with cross-border challenges from our days working at well-known global brands, which is why we built a next-generation engine to power global growth for ambitious e-commerce businesses. Our solution automates and simplifies the international e-commerce process for our clients. We remove the barriers of cross-border commerce by offering benefits such as multi-currency pricing, cost-efficient and rapid shipping, international payment options, well-defined taxes and duties, and simple returns. Now, global brands like MZ Wallace, Outerknown, Charles & Colvard, and others can increase their customer conversion and grow international revenue. Schedule a demo today at www.flow.io.