Flexport

Flexport

Signal active

Investment Firm

Overview

Flexport is a full-service global freight forwarder and logistics platform using modern software to fix the user experience in global trade.

The platform arranges goods to be transported and tracks the inventory in real-time in orders carried by ocean, air, and road freight, enabling logistics companies to optimize transportation routes and inventory management. It is a licensed customs brokerage and freight forwarder built around a modern web application. Its freight service includes an online dashboard for businesses to easily understand, purchase, manage, and track the services required for global trade. Its team of logistics experts lets focus on core business by ensuring goods arrive at fulfillment/distribution centers on time and at the lowest cost. Flexport's mission is to fix the user experience in global trade and bring the world free trade through technology.

The company was founded in 2013 by Ryan Petersen and is based in San Francisco, California.

Highlights

Founded

2013

Industry

Software

Employees

1001-5000

Investment

56

Lead Investment

1

Exits

2

Stages

Seed, Early Stage Venture, Late Stage Venture

Investor Type

N/A

Location

United States, North America

Contact Information

Social

Profile Resume

Flexport, established in 2013 and headquartered in United States, North America., specializes in Seed, Early Stage Venture, Late Stage Venture investments across Information Technology, Software, SaaS, Financial Services, Venture Capital, Business Development, Health Care, Internet of Things, Advice, FinTech. The organization boasts a portfolio of 56 investments, with an average round size of $24.6M and 2 successful exits. Their recent investments include RemoteTeam (acquired by Gusto), CapitalX, IT-Farm, SeaFort Capital, FrontEdge. The highest investment round they participated in was $159.4B. Among their most notable exits are RemoteTeam (acquired by Gusto) and CapitalX. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Ryan Petersen

Ryan Petersen

Founder and CEO

imagePlace Kenny Ma

Kenny Ma

Sr. Engineering Manager, Marketplace Platform

imagePlace Alessandro Muti

Alessandro Muti

Chief Enterprise Software Architect

imagePlace Geoffrey Smalling

Geoffrey Smalling

Vice President Of Engineering

imagePlace David Ko

David Ko

Director of Platform Engineering

imagePlace BJ Terry

BJ Terry

Senior Engineering Manager

Investment portfolio

Flexport has made 56 investments. Their most recent investment was on Dec 20, 2023, when Cargon raised $1.9M.

Flexport has made 11 diversity investments. Their most recent diversity investment was on Nov 29, 2022, when Saltbox raised $35.0M.

investments

56

Diversity investments

11

Lead investments

1

Number of exits

2

Investments

56

Annouced DateOrganization NameIndustryMoney Raised
Jul 06, 2023
Rybit Rybit
Fleet Management10.0M
Nov 22, 2023
FrontEdge FrontEdge
FinTech10.0M
Nov 22, 2023
FrontEdge FrontEdge
FinTechnull
Dec 20, 2023
Cargon Cargon
Transportation1.9M

Exits

2

Funding Timeline

Funding rounds

56

Investors

97

Funds

0

Funding Rounds

56

Flexport has raised 56 rounds. Their latest funding was raised on Dec 20, 2023 from a Seed Round - Cargon round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jul 06, 2023
Series A - Rybit Series A - Rybit
-10.0M-
Nov 22, 2023
Seed Round - FrontEdge Seed Round - FrontEdge
-10.0M-
Nov 22, 2023
Debt Financing - FrontEdge Debt Financing - FrontEdge
-0-
Dec 20, 2023
Seed Round - Cargon Seed Round - Cargon
-1.9M-

Investors

100

Flexport is funded by 100 investor(s). Shopify and Hedonova Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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