Flexport

About

Flexport is a full-service global freight forwarder and logistics platform using modern software to fix the user experience in global trade.

San Francisco,California,United States
1001 - 5000
https://www.flexport.com

Highlights

Details

Last Funding Type: Debt Financing
Last Funding Money Raised: $200M
Industries: Freight Service,Logistics,Shipping,Software,Supply Chain Management
Founded date: Jan 1, 2013
Number Of Employee: 1001 - 5000
Operating Status: Active
Legal Name: Flexport Inc.
Also Known As: Flexport International LLC

Flexport is a full-service global freight forwarder and logistics platform using modern software to fix the user experience in global trade.

The platform arranges goods to be transported and tracks the inventory in real-time in orders carried by the ocean, air, and road freight, enabling logistics companies to optimize transportation routes and inventory management. It is a licensed customs brokerage and freight forwarder built around a modern web application. Its freight service includes an online dashboard for businesses to easily understand, purchase, manage, and track the services required for global trade. Its team of logistics experts lets focus on core business by ensuring goods arrive at fulfillment/distribution centers on time and at the lowest cost. Flexport's mission is to fix the user experience in global trade and bring the world free trade through technology.

The company was founded in 2013 by Ryan Petersen and is based in San Francisco, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

18

$2.43B

Flexport has raised a total of $2.43B in funding over 2 rounds. Their latest funding was raised on Nov 14, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 14, 2022	Series B	—	1	—	—	Detail
Oct 20, 2022	Debt Financing	$200M	1	Kohlberg Kravis Roberts	—	Detail
Feb 7, 2022	Series E	$0.93B	8	Andreessen Horowitz MSD Partners	—	Detail
Feb 7, 2022	Secondary Market	—	—	—	—	Detail
Jan 1, 2021	Secondary Market	—	2	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

53

1

Flexport has made 53 investments. Their most recent investment was on Nov 29, 2022, when Saltbox raised $35M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 29, 2022 Saltbox	Series B	$35M	E-Commerce	—
Nov 28, 2022 Post News	Seed	—	News	—
Nov 6, 2022 Harmonic.ai	Series A	$23M	Business Information Systems	—
Oct 31, 2022 GoodShip	Pre-seed	$2.40M		—
Sep 21, 2022 Noble	Series A	$18M	Credit	—

Investors

Number of Lead Investors

Number of Investors

9

89

Flexport is funded by 89 investors. Kohlberg Kravis Roberts and Andreessen Horowitz are the most recent investors.

Investor Name	Lead Investor	Funding Round
Kohlberg Kravis Roberts	Yes	Debt Financing
Andreessen Horowitz	Yes	Series E
MSD Partners	Yes	Series E
Hedonova	—	Series B
DST Global	—	Series E
Founders Fund	—	Series E
Kevin Kwok	—	Series E
Shane Neman	—	Series E
Shopify	—	Series E
SoftBank Vision Fund	—	Series E