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.
- Website
- www.flexport.com/
- 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
Investors
Ranked
1st among 1077 active competitors
Employee Count
2,839 as on Mar 31, 2026
Legal entities associated with Flexport
Flexport is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Flexport, Inc. CIN: 20238255399 , United States, Active | Nov 30, 2023 | - | 1219 (As on Dec 31, 2024) | - |
Flexport International A/S CIN: 40592687 , Denmark, Active | Jun 13, 2019 | - | 16 (As on Dec 31, 2023) | |
FLEXPORT INTERNATIONAL LLC CIN: 20231968311 , United States, Active | Sep 21, 2023 | - | - | - |
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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:
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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 | - |
View details of Flexport's funding rounds and investors
Flexport's founders and board of directors
Founder? Claim ProfileHere are the details of Flexport's key team members:
- Ryan Petersen: Founder and Executive Chairman of the Board of Flexport. They are also an angel investor in 27 startups and serve on the board of 1 company.
- David Petersen: Former Co-Founder of Flexport. They are also an angel investor in 1 startup.
- Areeba Munawar: Co-Founder of Flexport.
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 |
View details of Flexport's Founder profiles and Board Members
Flexport's employee count trend
Flexport has 2,839 employees as of Mar 26. Here is Flexport's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Flexport 2013, San Francisco (United States), Series E | Provider of end-to-end supply chain logistics platform | $2.5B | 81/100 | |
2nd | Tech enabled trucking services | $413M | 69/100 | ||
3rd | Nuvocargo 2018, New York City (United States), Series B | Tech-enabled freight forwarding service provider | $75.6M | 68/100 | |
4th | Zencargo 2017, London (United Kingdom), Series B | Provider of AI-enabled freight forwarding services | $66.4M | 64/100 | |
5th | Airspace 2016, Carlsbad (United States), Series D | Offers web-based cargo management solutions for the air logistics industry | $138M | 62/100 | |
6th | Provider of tech-enabled multi-modal freight forwarding services | $46M | 62/100 | ||
7th | Ocean freight forwarding aggregator | - | - | 59/100 | |
8th | Full Truck Alliance 2017, Guiyang (China), Public | Tech-enabled freight forwarding service provider | $1.69B | 59/100 | |
9th | Provider of tech-enabled freight forwarding services | $610M | 58/100 | ||
10th | DB Schenker 1872, Essen (Germany), Acquired | Provider of transport, logistics, supply chain, and freight management solutions | - | 58/100 |
Looking for more details on Flexport's competitors? Click here to see the top ones
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:
Filter 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) |
See all investments and acquisitions by Flexport
Reports related to Flexport
Here is the latest report on Flexport's sector:
News related to Flexport
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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Natilus Secures $28M Series A Funding Led by Draper AssociatesVC News Daily•Feb 11, 2026•Flexport, The Veteran Fund, Type One Ventures, Draper and 6 others
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Flexport launches tariff refund calculator amid Supreme Court's tariff authority considerationFreightWaves•Jan 21, 2026•Flexport
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DocUnlock Partners with Tom Gould to transform trade compliance.PR Newswire•Nov 18, 2025•DocUnlock, Flexport
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ShipStation customers can now leverage Veho's customer-centric delivery service across 56 US marketsPR Newswire•Sep 30, 2025•Flexport, Sephora, Macy's, Veho and 5 others
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Flexport unveils tech-driven duty drawback strategy for bigger refundsFreightWaves•Sep 25, 2025•Flexport
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Flexport partners with BlackRock to provide $250 million in supply chain financingFreightWaves•Aug 28, 2025•Flexport, BlackRock
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Flexport increases monthly minimum fee for fulfillment customersSupply Chain Dive•Aug 15, 2025•Flexport
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DAT Acquires Convoy Platform to Expand Freight-Matching NetworkPYMNTS.com•Jul 29, 2025•Flexport, DAT Solutions
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