We sat down with David to ask how his business journey began with Cogsflow and he shared with us the following.
“I’ve always been interested in business and commerce, but working for a consulting firm and seeing startup challenges first-hand made me realise that starting my own business was within reach!” He began.
David started Cogsflow to provide inventory funding for growing eCommerce businesses. Their embedded fintech platform shares risks with entrepreneurs by fixing the cost of capital to the price of products.
Cogsflow backs ambitious business owners to grow in a fast, yet sustainable way whilst breaking down traditional cashflow barriers. After being selected for Phase One of the Plus Eight Accelerator program, Cogsflow had the chance to access opportunities to help the business grow. Having recently moved from Melbourne, David is enjoying getting to know the WA startup community and making new connections.
“Like all startups, we need help getting to the next stage of our journey and the Plus Eight program has been fantastic in delivering on that.” David shared. “The community, structured content and informal discussions have been invaluable.”
We asked how Cogsflow differs from what else is on the market and David informed us that they deliver an end-to-end solution for growing eCommerce businesses.
“Where competitors will stop at finance, we solve the reason for finance and genuinely partner with companies as they grow. We know what it is like to build a business and lose sales when products are not available, and we are committed to helping our customers achieve full sales.”
Cogsflow is just getting started exploring the possibilities of data across the industry and we’re looking forward to seeing the business develop with the support of the Plus Eight Accelerator.
“We’ve already deployed a funding solution and have strong retention with our customers, we know we’ll discover loads of opportunities as we grow and scale,” David concluded.
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