The investment was co-led by Atlanta-based and family-owned Cox Enterprises Inc; a leader in the broadband, automotive and media industries, and Pendulum; a strategic growth investing and advisory platform designed for founders and leaders of color and previous investor in Saltbox. This Series B round brings Saltbox's total funding to $56 million.

The round also included investment from Playground Global, XYZ Capital, Fundrise, Kapor Capital, Wilshire Lane Capital, Colliers, Lincoln Property Company, Flexport and Overline among others. Funding will support developing Saltbox's core technology stack powering its end-to-end logistics platform for small and growing ecommerce businesses.

Saltbox solves the hardest parts of running an ecommerce business with human-centric logistic solutions. With a purpose-built network of flexible warehouses in major metropolitan areas, fulfillment centers and on-site services across the country, Saltbox addresses the most critical challenges ecommerce entrepreneurs face when starting, growing, and scaling their businesses. Over 500 members run their business on the Saltbox platform.