Flexport
Freight forwarding and customs brokerage for importers and exporters, covering ocean, air, trucking and fulfillment services that customers manage through a software platform. Its Flexport Capital unit provides trade financing.
Mobility & logisticsFreight forwarding and logistics softwareSan Francisco, United States
FoundersSince 2013
Ryan PetersenCEO- David Petersen
- Valuation
- $8.0B
- Total raised
- $2.7B
- Last round · Jan 2024
- Convertible note
- Founded
- 2013
- Employees
- 2,100
- Quarters in VP50
- 13
Valuation
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series B | Sep 26, 2016 | $365M | $65M | Unknown |
| Series C | Sep 21, 2017 | $910M | $110M | DST Global |
| Series D | Feb 21, 2019 | $3.2B | $1.0B | SoftBank Vision Fund |
| Series E | Feb 7, 2022 | $8.0B | $935M | Andreessen Horowitz and MSD Partners |
Post-money valuation at each priced round. Log scale.Hover a point for the round
Updated
In VP50
- Q4 2023: #5
- Q1 2024: #5
- Q2 2024: #31
- Q3 2024: #31
- Q4 2024: #31
- Q1 2025: no place
- Q2 2025: no place
- Q3 2025: no place
- Q4 2025: no place
- Q1 2026: no place
- Q2 2026: no place
- Q3 2026: no place
- Q4 2026: no place
Place by quarter since Q4 2023. Best place #4, held for two quarters in a row.
Funding rounds
DateRound · leadRaisedValuation
Sep 21, 2017Series C · DST Global$110M$910M
Sep 26, 2016Series B$65M$365M
May 14, 2015Seed$7M—
Team
- Ryan PetersenFounder, CEO
- David PetersenCo-founder
