Flexe

Seattle, United States Founded: 2013 • Age: 13 yrs
E-commerce delivery, fulfillment, and logistics solutions are provided for businesses.
Annual revenue - Latest available
Total funding $328.6M 6 rounds
Employees 375 Tracked headcount
Investors 12 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Flexe

Flexe is a company based in Seattle (United States) founded in 2013 by Edmond Yue, Francis Duong, and Karl Siebrecht. Flexe has raised $328.59 million across 6 funding rounds from investors including BlackRock, T. Rowe Price and Prologis. The company has 375 employees as of December 31, 2022. Flexe offers products and services including Flexible Warehousing Infrastructure, Logistics Network, and Technology Platform. Flexe operates in a competitive market with competitors including Electron Economy, Ware2Go, Unchained Logistics, Circle Commerce and Deliverease, among others.

  • Headquarter Seattle, United States
  • Employees 375 as on 31 Dec, 2022
  • Founders Edmond Yue, Francis Duong, Karl Siebrecht
  • Stage Unicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
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  • Website
    Locked
  • Social
    Locked
  • Legal Name Flexe, Inc.
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $328.59 M (USD)

    in 6 rounds

  • Latest Funding Round
    $119 M (USD), Series D

    Jul 06, 2022

  • Investors
    BlackRock

    & 11 more

  • Employee Count
    375

    as on Dec 31, 2022

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Products & Services of Flexe

Flexe offers a comprehensive portfolio of products and services, including Flexible Warehousing Infrastructure, Logistics Network, and Technology Platform.

Product name locked
Category locked
Primary

Platform for managing warehouse networks and supply chain risks.

Product name locked
Category locked
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Network of providers for distribution and fulfillment operations.

Product name locked
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Tool for executing and optimizing logistics and inventory.

People of Flexe

Headcount 200-500
Employee Profiles 82
Employee Profiles
People
Zach Paulson
Senior Software Development Engineer
People
Mike Wargel
SVP, Strategy
People
Laconte Turner
Senior Key Account Manager
People
Pirasenna Thiyagarajan
Chief Product and Technology Officer

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Funding Insights of Flexe

Flexe has successfully raised a total of $328.59M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $119 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Flexe

Flexe has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BlackRock, T. Rowe Price and Prologis.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Redpoint Ventures is engaged in venture capital investments.
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Venture and private equity investments are managed with global diversification.
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Investments are directed toward clean energy, mobility, and industry sectors.
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Investor details for Flexe

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  • Investor domains
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Investments & Acquisitions by Flexe

Investments
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Investment portfolio details for Flexe

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Flexe

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Detailed financials for Flexe

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  • Profit trends
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Flexe Comparisons

Flexe Primary company
Description
E-commerce delivery, fulfillment, and logistics solutions ar...
Location
Seattle, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
375
As of 2022
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Peer comparison for Flexe

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Flexe

Flexe operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Electron Economy, Ware2Go, Unchained Logistics, Circle Commerce and Deliverease, among others.

Company Name Domain Founded year HQ Location Description
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Provides end-to-end software for e-commerce operations management.
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Provider of warehousing and ecommerce fulfillment solutions
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Provides tech-enabled fulfillment services for efficient logistics solutions.
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Customizable enterprise commerce solutions are developed for order management.
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App-based platform for booking fulfillment services.
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Detailed competitors of Flexe

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Latest news on Flexe

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Complete news archive for Flexe

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Flexe

Flexe was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Flexe is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Karl Siebrecht is the current CEO of Flexe. They have also founded this company.

Flexe is a funded company, having raised a total of $328.59M across 6 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Flexe is 375.

Flexe was founded in 2013 in Seattle, United States, as an e-commerce delivery management platform. Operations focus on the logistics sector, where solutions for distribution, fulfillment, and same-day delivery are delivered. Omnichannel programs are implemented to manage supply chain challenges and consumer demands. Sales growth is supported, transportation costs are lowered, and customer satisfaction is enhanced through these services.

Flexe's top competitors include Ware2Go, Circle Commerce and Electron Economy.

Flexe offers Flexible Warehousing Infrastructure, Logistics Network, and Technology Platform.

Flexe has 12 investors. Key investors include BlackRock, T. Rowe Price, Prologis, Redpoint Ventures, and Tiger Global.

The valuation of Flexe is $1B as of Jul 2022.

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