Flexport

Company

Investment-firm

Last deal

Amount

Corporate Round

Stage

04.05.2023

Date

3

all rounds

$2.44B

Total amount

Financing round

General

About Company
Flexport is a full-service global freight forwarder and logistics platform that aims to make global trade easy for everyone.

Industry

Sector :

Subsector :

Also Known As

Flexport International LLC

founded date

01.01.2013

Number of employees

Company Type

For Profit

Last funding type

Corporate Round

IPO status

Private

Description

The company uses modern software to optimize transportation routes and inventory management for goods transported by ocean, air, and road freight. It offers a licensed customs brokerage and freight forwarding service with an online dashboard for businesses to easily manage and track services required for global trade. Flexport's team of logistics experts ensures goods arrive at fulfillment/distribution centers on time and at the lowest cost. The company's mission is to bring the world free trade through technology, and it has already helped move over $10B worth of merchandise across 112 countries every year.
Legal Names

Legal name

Flexport Inc.
Sub-Organizations
2
Transmission

Transmission

Transmission is a trucking platform that provides easy-to-use, affordable, and compliant ELD and GPS technology through software.

Sector

Telecommunications Equipment

Subsector

Telecommunications Equipment

Keywords

Software, Information Technology

Location

San Francisco, CA, USA

Flexport Ventures

Flexport Ventures is a venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

count Of Investments

13
Similar Companies
1000
Beeontrade

Beeontrade

Beeontrade is a global freight forwarder and logistics platform.

Sector

Industrial Transportation

Subsector

Transportation Services

Keywords

Logistics, Supply Chain Management, Transportation

Location

North Bergen, NJ, USA
Cogoport

Cogoport

Cogoport is a tech-based freight service provider that simplifies logistics.

Sector

Industrial Transportation

Subsector

Transportation Services

Keywords

Shipping, Logistics, SaaS

Location

Mumbai, Maharashtra, India

total rounds

6

total raised

$66.95M
Dedola Global Logistics

Dedola Global Logistics

Dedola Global Logistics is a company that provides freight management solutions to importers and exporters worldwide.

Sector

Industrial Transportation

Subsector

Transportation Services

Keywords

Logistics, Air Transportation, Freight Services

Location

Los Alamitos, CA, USA
Yolda.com

Yolda.com

Yolda is a logistics company that digitizes transportation processes and automates logistics operations.

Sector

Industrial Transportation

Subsector

Transportation Services

Keywords

E-Commerce, Logistics, Transportation

Location

İstanbul, Turkey

total rounds

3

total raised

$7.73M

Financials

Funding Rounds
25
3

Number of Funding Rounds

$2.44B

Money Raised

Their latest funding was raised on 04.05.2023. Their latest investor Ventioneers. Their latest round Corporate Round

Date 
Funding Round 
Investors 
Money Raised 
Lead 
20.10.2022
1
Shopify

Shopify

Shopify is a cloud-based commerce platform for small and medium-sized businesses.

Sector

Software and Computer Services

Subsector

Consumer Digital Services

Keywords

E-Commerce, Software, Small and Medium Businesses

Location

Ottawa, ON, Canada

total rounds

4

total raised

$122.25M

count Of Investments

26
Kohlberg Kravis Roberts

Kohlberg Kravis Roberts

Kohlberg Kravis Roberts is a global investment firm that manages multiple alternative asset classes.

Sector

Closed End Investments

Subsector

Closed End Investments

Keywords

Financial Services, Finance, Venture Capital

Location

Hudson, NY 12534, USA

total rounds

2

total raised

$584.71M

count Of Investments

354

count Of Exists

65
Investments
57
Date 
name 
Lead 
type 
Raised 
18.03.2024
No
$3M
22.11.2023
No
$10M
Synch

Synch

Synch is a supplier of an integrated Global Trade Management (GTM) system that unifies a company's revenue stack.

total rounds

2

total raised

$3.5M
Front Edge

Front Edge

Front Edge is a financial technology provider that offers access to affordable financing through technology-driven credit underwriting.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Location

Lagos, Nigeria

total rounds

2

total raised

$10M
Front Edge

Front Edge

Front Edge is a financial technology provider that offers access to affordable financing through technology-driven credit underwriting.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Location

Lagos, Nigeria

total rounds

2

total raised

$10M
Co-Investors
Investors
76
5

Number of lead investors

76

Number of investors

Investor 
Lead 
Round 
Partners 
No
Venture - Series Unknown
No
Venture - Series Unknown
No
Venture - Series Unknown
Ventioneers

Ventioneers

Ventioneers is a venture capital firm to back the world's most successful entrepreneurs, investing in Deep-Tech, SaaS, Energy, & AI Startups

count Of Investments

3
The Capital Partnership

The Capital Partnership

The Capital Partnership is a private investment office and asset manager that offers customized investment solutions to clients..

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Finance, Venture Capital

Location

London, UK

count Of Investments

20

count Of Exists

2
Spur Capital Partners

Spur Capital Partners

Spur Capital is a US-based venture capital firm that primarily focuses on early-stage technology companies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Bartlesville, OK, USA

count Of Investments

2
Acquisitions
5
Acquiree Name 
Date 
Price 
Acquisition Name 
Convoy acquired by Flexport

Convoy acquired by Flexport

acquirer

Flexport
Flexport

date

02.11.2023

type

Acquisition
Convoy

Convoy

Convoy is an on-demand platform connecting truck drivers with companies that need freight services.

Sector

Industrial Transportation

Subsector

Trucking

Keywords

Transportation, Logistics, Freight Services

Location

Seattle, WA, USA

total rounds

14

total raised

$1.2B

Shopify - Logistics Business acquired by Flexport

acquirer

Flexport
Flexport

date

04.05.2023

type

Acquisition

Shopify - Logistics Business

Shopify is a logistics business that provides logistics services.

Sector

Industrial Transportation

Subsector

Transportation Services

Location

Ottawa, ON, Canada
Deliverr acquired by Flexport

Deliverr acquired by Flexport

acquirer

Flexport
Flexport

date

04.05.2023

type

Acquisition
Deliverr

Deliverr

Deliverr is a startup that provides shipping services for e-commerce businesses.

Sector

Industrial Transportation

Subsector

Delivery Services

Keywords

E-Commerce, Search Engine, Logistics

Location

San Francisco, CA, USA

total rounds

7

total raised

$490.95M
Exits
1
Ninja Delivery

Ninja Delivery

Ninja Delivery delivers groceries and essentials within 10 minutes.

Sector

Industrial Transportation

Subsector

Delivery Services

Keywords

E-Commerce, Delivery Service, Delivery

total rounds

1

total raised

$2.8M

People

Founders
2
Susanne Schöneberg
Susanne Schöneberg

Susanne Schöneberg

Susy is the founder and head of Flexport.org, Flexport’s sustainability and social good initiative that works with nonprofits who need to ship goods to areas of need, companies who have excess goods to donate, and companies looking to cut carbon emissions from their shipping. Susy holds an MBA from the University of California, Berkeley’s Haas School of Business, and a B.S. in Economist from the Humboldt University of Berlin.

current job

First Round Capital
First Round Capital

organization founded

1

Susanne Schöneberg

Ryan Petersen
Ryan Petersen

Ryan Petersen

Ryan Petersen is the CEO and Founder of Flexport. Prior to starting Flexport to fix the user experience in global trade, Ryan was co-founder and CEO of ImportGenius.com, a data-as-a-service business for global shipping. He holds a degree in economics from the University of California, Berkeley and an MBA from Columbia University.

current job

Flexport
Flexport

count Of Investments

43

count Of Exists

2

Ryan Petersen

Employee Profiles
459
Asit Sahoo

Asit Sahoo

Commercial Product & Strategy

Ashianna Esmail

Ashianna Esmail

VP, General Counsel

Stuart Leung

Stuart Leung

Head of Finance - FP&A and Strategic Finance

Jean-Marc Sorhondo

General manager

Stephanie Ogwo

Senior client solutions associate

Tim Hallner

Director of revenue and cogs accounting

Frances Weinberg

Facilitator

Vipul Mascarenhas

Data scientist

Activity

Recent News
33
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month