Introduction to Wareflex
Wareflex is a Vietnamese logistics startup officially launched in August 2023. It offers flexible, on-demand warehousing and transportation services for businesses of all sizes. Instead of owning warehouses or trucks, Wareflex operates as a tech-enabled logistics intermediary, connecting enterprises to verified logistics service providers.
The startup quickly gained traction by offering seamless digital solutions to match businesses with the right warehousing and delivery capacity. In just two months of operation, Wareflex onboarded over 3,000 business accounts and handled 70+ logistics service requests, showcasing early product-market fit in Vietnam’s fast-growing logistics sector.
A Scalable, Asset-Light Business Model
Wareflex collaborates with over 150 logistics partners nationwide, granting access to a network of nearly 400 warehouses and approximately 4,000 trucks. This wide coverage enables Wareflex to provide:
- Short-term and long-term storage solutions
- On-demand transportation and fleet management
- End-to-end logistics coordination across multiple provinces
The platform empowers companies to streamline operations, reduce fixed costs, and scale their logistics without long-term infrastructure investments.
Investment Milestones and Shark Tank Success
In 2022, Wareflex secured $785,000 in pre-seed funding from venture capital firms including Genesia Ventures and Antler. The capital was used to build the platform’s technological infrastructure and expand its team.
Wareflex gained further national attention during Shark Tank Vietnam Season 6, where it secured $500,000 in funding for 10% equity from Shark Hùng Lâm and Shark Tuệ Lâm. This endorsement demonstrated strong confidence in Wareflex’s business model and its potential to lead logistics digitization in Vietnam.
Recognition in the Startup Ecosystem
Wareflex’s innovation and early success led to several prestigious recognitions:
- Top 5 – TECHFEST Vietnam 2022
- Top 6 – VietChallenge 2022, an international startup competition for Vietnamese entrepreneurs
- Top 20 – Best Quality Products, Vietnam National Brand 2024
These accolades affirm Wareflex’s position as one of the most promising logistics-tech startups in the country.
Looking Ahead: Wareflex’s Vision for Regional Growth
Wareflex is now focused on expanding regionally within Southeast Asia, targeting fragmented logistics markets in neighboring countries. The startup aims to become the go-to platform for:
- Dynamic supply-demand matching in logistics
- Transparent pricing and real-time tracking
- Reliable third-party warehousing and transport partnerships
With increasing demand for e-commerce and B2B logistics, Wareflex is well-positioned to scale its impact and unlock new efficiencies for the region’s supply chains.
