Atlanta-based Saltbox, a warehouse startup serving small businesses, today announced it has expanded to the Denver market with its largest location to date.
Located in Park Hill, Saltbox’s Denver space will offer over 102,000 square feet and more than 125 flexible warehouse and office suites. The company’s logistics-focused space is meant to serve small and medium-sized businesses and e-commerce companies as they grow and scale. It combines coworking, marketing, warehousing and shipping space under one roof.
Saltbox Park Hill will offer conference rooms, flexible office space, access to loading docks and photo studios for its members.
CEO and co-founder Tyler Scriven said Saltbox fills a critical need for entrepreneurs on the logistics side. As technology like Shopify, Mailchimp and Stripe have made it easier for businesses to grow on the digital landscape, Scriven said logistics resources have lacked.
After six years at the now Denver-based data giant Palantir (NYSE: PLTR), Scriven took over consumer packaged goods company True Glory Brands in 2016 to reignite his passion for non-venture-backed companies.
That’s where he saw the issues plaguing small businesses firsthand.
“Where we had really excellent digital enabling technology, the operations, logistics, supply chain warehousing and labor were all still very hard,” he said.
With logistics at the forefront of his mind, Scriven launched Saltbox in 2019 and has quickly grown the company to five locations across the U.S. It chose Denver in part for its growing entrepreneurial community and upward trajectory.
“We want to be in markets that are getting bigger and stronger and represent a density of entrepreneurial talent and Denver is at the top of that for us,” Scriven said.
Of Saltbox’s nearly 150 members across its active locations, more than 70% are e-commerce companies that sell physical goods directly to consumers. They range from fashion and apparel to health and beauty and much more.
Scriven expects a similar customer base at the company’s Denver location, with the potential for some larger entities to work out of Saltbox.
The new Park Hill location, which is set to open on Dec. 27, will offer warehouse suites as large as 8,000 square feet. The company, which has 40 remote employees, will have a small flexible workforce of about 20 in Denver to assist with shipping and fulfillment operations.
“Our ambition is to solve all aspects of the logistics need for small business in a way that meets them where they are,” Scriven said.
In April, Saltbox raised a $10.6 million Series A round of financing to accelerate the company’s U.S. expansion. Outside of Denver, the startup has locations in Atlanta, Dallas, Seattle and Torrance, California.
Saltbox plans to open several more locations across the U.S. in 2022, with Scriven adding that it’s possible Denver could have a second location in the future.
