About Flexport
Flexport is a company based in San Francisco (United States) founded in 2013 by Areeba Munawar and Ryan Petersen. Flexport has raised $2.5 billion across 10 funding rounds from investors including Shopify, SF Express and KKR. The company has 16 employees as of April 09, 2024. Flexport has completed 3 acquisitions, including Convoy, Crux Systems and Fieldbook. Flexport operates in a competitive market with competitors including Forto, sennder, Airspace, Wiz and Shippio, among others.
- Headquarter San Francisco, United States
- Employees 16 as on 09 Apr, 2024
- Founders Areeba Munawar, Ryan Petersen
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Deliverr Software Technologies India Private Limited
- Date of Incorporation 29 Jul, 2021
- Jurisdiction Banglore, Karnataka, India
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Annual Revenue
$1.43 M (USD)24268.86as on Mar 31, 2023
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Net Profit
$123.85 K (USD)23117.23as on Mar 31, 2023
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EBITDA
$166 K (USD)8043.97as on Mar 31, 2023
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Total Equity Funding
$2.5 B (USD)
in 10 rounds
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Latest Funding Round
$260 M (USD), Series E
Jan 19, 2024
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Investors
Shopify
& 30 more
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Employee Count
16
as on Apr 09, 2024
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Investments & Acquisitions
Convoy
& 2 more
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People of Flexport
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Leadership Team
61 people
Operations Team
44 people
Sales and Marketing
32 people
Software Development Team
29 people
Senior Team
27 people
Finance and Accounting
24 people
Manager Team
12 people
Human Resources and Administration
8 people
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Funding Insights of Flexport
Flexport has successfully raised a total of $2.5B across 10 strategic funding rounds. The most recent funding activity was a Series E round of $260 million completed in January 2024. 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 Flexport
Flexport has secured backing from 31 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Shopify, SF Express and KKR.
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Multiple sectors are invested in by this private equity firm.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Diversified alternative assets are managed by the investment firm.
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Investor details for Flexport
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Investments & Acquisitions by Flexport
Flexport has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Convoy, Crux Systems and Fieldbook.
Investment portfolio details for Flexport
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Truckers are connected to on-demand freight via a digital platform.
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Locked | Locked | 2015 | Locked | |
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Real-time import container availability is tracked via an online platform.
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Locked | Locked | 2014 | Locked | |
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Tour management platform for multi-day group tours is provided.
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Locked | Locked | 2013 | Locked |
Complete acquisition details for Flexport
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Financial Statements - Flexport
Detailed financials for Flexport
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- Profit trends
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Flexport Comparisons
Peer comparison for Flexport
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Competitors of Flexport
Flexport 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 Forto, sennder, Airspace, Wiz and Shippio, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Tech-enabled freight forwarding services for multi-modal cargo transport are provided.
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Tech-enabled platform matches shippers and carriers for trucking loads.
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Web-based cargo management solutions are offered for air logistics.
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Cloud security posture and application protection are managed across environments.
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Tech-enabled multi-modal freight forwarding services are provided globally.
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Detailed competitors of Flexport
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Latest news on Flexport
Complete news archive for Flexport
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Frequently Asked Questions about Flexport
Flexport was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Flexport is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Ryan Petersen is the current CEO of Flexport. They have also founded this company.
Flexport is a funded company, having raised a total of $2.5B across 10 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Flexport is 16.
Annual revenue of Flexport is $1.43M as on Mar 31, 2023.
Flexport was founded in 2013 in San Francisco, United States, within the logistics sector. Ocean and air freight, trucking, and fulfillment services are offered through an integrated platform. Real-time shipment tracking and management tools are included, along with customs brokerage and trade finance options. Order management, buyer consolidation, and carbon control features are supported. Seamless integration with e-commerce and retail partners is enabled for omnichannel operations across global supply chains.
Flexport has made 3 acquisitions, including Convoy, Crux Systems, and Fieldbook.
Flexport has 31 investors. Key investors include Shopify, SF Express, KKR, FundersClub, and SoftBank Vision Fund.
The valuation of Flexport is $8B as of Feb 2022.