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Flexport - About the company

Flexport is a series E company based in San Francisco (United States), founded in 2013 by Ryan Petersen, David Petersen and Areeba Munawar. It operates as a Provider of end-to-end supply chain logistics platform. Flexport has raised $2.5B in funding from investors like Y Combinator, First Round Capital and Founders Fund, with a current valuation of $8B. The company has 1077 active competitors, including 58 funded and 73 that have exited. Its top competitors include companies like sennder, Nuvocargo and Zencargo.

Sectors and market segments that Flexport operate in

Flexport serves in the Transportation and Logistics Tech market segments.The primary business model of Flexport is:

Company Details

Provider of end-to-end supply chain logistics platform. It offers ocean and air freight, trucking, and fulfillment services. The platform provides real-time shipment tracking and management tools, including customs brokerage and trade finance options. It also includes features for order management, buyer consolidation, and carbon control. The platform integrates with various e-commerce and retail partners, facilitating seamless omnichannel selling. The company aims to streamline the entire supply chain process from origin to customer delivery.
Social
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Email ID
*****@flexport.com, *****@flexport.com
Phone Number
+1 **********
Registered Address
80, Ny Carlsberg Vej, København V, 1799
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Series E
Total Funding
$2.5B in 10 rounds
Latest Funding Round
Post Money Valuation
$8B as on Jan 19, 2024
Ranked
Employee Count
2,839 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
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Flexport's funding and investors

Flexport has raised a total funding of $2.5B over 10 rounds. Its first funding round was on May 11, 2015. Its latest funding round was a Series E round on Jan 19, 2024 for $260M. 1 investor participated in its latest round. Flexport has 116 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Flexport:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 19, 2024
$260M
Series E
$8B
-
-
Oct 20, 2022
$200M
Conventional Debt
-
-
-
Feb 07, 2022
$935M
Series E
$8B
-
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Flexport's founders and board of directors

Founder? Claim Profile
The founders of Flexport are Ryan Petersen, David Petersen and Areeba Munawar.
Here are the details of Flexport's key team members:

Flexport's Board of Directors

Flexport's board has 9 active members. Ryan Petersen, Ryan Peterson, Trae Stephens, Michael Ronen, Sanne Manders, Bob Swan, Sudhanshu Priyadarshi, Kenny Wagers and Christopher Ferro are independent board members.
Here is the list of Flexport's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
4y 2m
Independent board member
-
Current
6y 11m
Independent board member
-
Current
6y 11m
Independent board member
-
Current
6y 11m
Independent board member
-
Current
6y 11m
Independent board member
-
Current
4y 2m
Independent board member
-
Current
-
Independent board member
-
Current
-
Independent board member
-
Current
-
Independent board member
-
Current
6y 11m
Independent board member
-
Current
4y 2m
Independent board member
-
Current
6y 11m

Flexport's employee count trend

Flexport has 2,839 employees as of Mar 26. Here is Flexport's employee count trend over the years:
Employee count trend for Flexport
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Flexport's Competitors and alternates

Top competitors of Flexport include sennder, Nuvocargo and Zencargo. Here is the list of Top 10 competitors of Flexport, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Flexport
Flexport
2013, San Francisco (United States), Series E
Provider of end-to-end supply chain logistics platform
$2.5B
81/100
2nd
Logo for sennder
sennder
2015, Berlin (Germany), Series D
Tech enabled trucking services
$413M
69/100
3rd
Logo for Nuvocargo
Nuvocargo
2018, New York City (United States), Series B
Tech-enabled freight forwarding service provider
$75.6M
68/100
4th
Logo for Zencargo
Zencargo
2017, London (United Kingdom), Series B
Provider of AI-enabled freight forwarding services
$66.4M
64/100
5th
Logo for Airspace
Airspace
2016, Carlsbad (United States), Series D
Offers web-based cargo management solutions for the air logistics industry
$138M
62/100
6th
Logo for Shippio
Shippio
2016, Tokyo (Japan), Series C
Provider of tech-enabled multi-modal freight forwarding services
$46M
62/100
7th
Logo for ShipWaves
ShipWaves
2015, Mumbai (India), Public
Ocean freight forwarding aggregator
-
-
59/100
8th
Logo for Full Truck Alliance
Full Truck Alliance
2017, Guiyang (China), Public
Tech-enabled freight forwarding service provider
$1.69B
59/100
9th
Logo for Forto
Forto
2016, Berlin (Germany), Series D
Provider of tech-enabled freight forwarding services
$610M
58/100
10th
Logo for DB Schenker
DB Schenker
1872, Essen (Germany), Acquired
Provider of transport, logistics, supply chain, and freight management solutions
-
58/100
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Flexport's Investments and acquisitions

Flexport has made 63 investments in companies including Natilus and Front Edge. Flexport has also acquired 2 companies including Crux Systems and Fieldbook.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 10, 2026
Investments
2015
San Jose (United States)
Nov 22, 2023
Investments
2020
Lagos (Nigeria)
Nov 22, 2023
Investments
2020
Lagos (Nigeria)
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See all investments and acquisitions by Flexport

Reports related to Flexport

Here is the latest report on Flexport's sector:

News related to Flexport

lockFilter this list
Media has covered Flexport for a total of 20 events in the last 1 year, 10 of them have been about company updates and 3 about people movement.
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