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
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Flexe, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$328.59 M (USD)
in 6 rounds
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Latest Funding Round
$119 M (USD), Series D
Jul 06, 2022
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Investors
BlackRock
& 11 more
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing warehouse networks and supply chain risks.
Network of providers for distribution and fulfillment operations.
Tool for executing and optimizing logistics and inventory.
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Software Development Team
25 people
Leadership Team
12 people
Senior Team
7 people
Operations Team
7 people
Product Management Team
6 people
Sales and Marketing
4 people
Human Resources and Administration
3 people
Manager Team
2 people
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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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series D — $119.0M
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First Round
First Round
(12 Nov 2015)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series D - Flexe | Valuation | BlackRock , Madrona Venture Group | |
| Apr, 2022 | Amount | Series C - Flexe | Valuation |
investors |
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| Dec, 2020 | Amount | Series C - Flexe | Valuation | T. Rowe Price |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Investments are directed toward clean energy, mobility, and industry sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Flexe
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Flexe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flexe Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides end-to-end software for e-commerce operations management.
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| domain | founded_year | HQ Location |
Provider of warehousing and ecommerce fulfillment solutions
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| domain | founded_year | HQ Location |
Provides tech-enabled fulfillment services for efficient logistics solutions.
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| domain | founded_year | HQ Location |
Customizable enterprise commerce solutions are developed for order management.
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| domain | founded_year | HQ Location |
App-based platform for booking fulfillment services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Flexe
Frequently Asked Questions about Flexe
When was Flexe founded?
Flexe was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Flexe located?
Flexe is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Flexe?
Karl Siebrecht is the current CEO of Flexe. They have also founded this company.
Is Flexe a funded company?
Flexe is a funded company, having raised a total of $328.59M across 6 funding rounds to date. The company's 1st funding round was a Series C of $80M, raised on Nov 12, 2015.
How many employees does Flexe have?
As of Dec 31, 2022, the latest employee count at Flexe is 375.
What does Flexe do?
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.
Who are the top competitors of Flexe?
Flexe's top competitors include Ware2Go, Circle Commerce and Electron Economy.
What products or services does Flexe offer?
Flexe offers Flexible Warehousing Infrastructure, Logistics Network, and Technology Platform.
Who are Flexe's investors?
Flexe has 12 investors. Key investors include BlackRock, T. Rowe Price, Prologis, Redpoint Ventures, and Tiger Global.
What is Flexe's valuation?
The valuation of Flexe is $1B as of Jul 2022.
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