Flexport
Founded Year
2013Stage
Line of Credit | AliveTotal Raised
$2.437BValuation
$0000Last Raised
$200M | 1 yr agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+30 points in the past 30 days
About Flexport
Flexport operates as a full-service global freight forwarder and logistics platform. It provides ocean freight management, air freight management, trucking management, order management, booking management, parcel tracking, cargo insurance, and much more. It was founded in 2013 and is based in San Francisco, California.
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ESPs containing Flexport
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The supply chain risk management (SCRM) market addresses the challenges of limited visibility, operational inefficiencies, and reactive responses in supply chain management. It offers solutions that detect and correct nonconformance in real-time, providing transparency for shippers and manufacturers to manage risks proactively. SCRM also helps stakeholders to have a holistic view of risk related t…
Flexport named as Leader among 15 other companies, including Coupa, GEP, and Craft.
Research containing Flexport
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Flexport in 15 CB Insights research briefs, most recently on Sep 11, 2023.
Apr 7, 2022 report
State of Venture Q1’22 ReportExpert Collections containing Flexport
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Flexport is included in 5 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
5,305 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
1,227 items
Conference Exhibitors
6,062 items
Companies that will be exhibiting at CES 2018
Tech IPO Pipeline
568 items
Fintech
8,086 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Flexport Patents
Flexport has filed 13 patents.
The 3 most popular patent topics include:
- Supply chain management
- Logistics
- Data management
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
3/29/2019 | 12/20/2022 | Supply chain management, Production and manufacturing, Intermodal containers, Distribution (business), Logistics | Grant |
Application Date | 3/29/2019 |
|---|---|
Grant Date | 12/20/2022 |
Title | |
Related Topics | Supply chain management, Production and manufacturing, Intermodal containers, Distribution (business), Logistics |
Status | Grant |
Latest Flexport News
Sep 20, 2023
download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Advertisement Advertisement Former Flexport CEO Dave Clark has removed the startup from his LinkedIn job history, less than two weeks after his shock resignation . The former Amazon executive moved his year of working at Flexport from "experience" to "education" on his LinkedIn profile. It is unclear when Clark made the changes, though it was first reported by The Logistics Report , a newsletter about logistics, on September 14 that Clark had removed Flexport from his LinkedIn resumé. His time at Flexport now features alongside his undergraduate degree from Auburn University, and an MBA from the University of Tennessee in the education section of his profile. Advertisement Advertisement Clark announced his resignation in a statement on X , writing that "founders have the right to change their mind." "Today, Ryan and I discussed his desire to return to focusing on growth in the core freight business," he said. "In light of that, I feel that he is best suited to lead the company in that direction. As such, I will be resigning from my position at Flexport." I just shared this internally with the teams @flexport . Wishing the team nothing but success on the journey! pic.twitter.com/mIfhdBb7QG Shipping startup Flexport has had a rapid rise over the past few years, and was valued at $8 billion in 2022. Founder and CEO Ryan Petersen hired Clark , the then-worldwide consumer CEO at Amazon, in June 2022 with the aim of expanding the company. Advertisement Advertisement 12 months on, that vision has not turned out as planned, with Clark departing at the start of September and a war of words breaking out between the outgoing CEO and the man who hired him. Two days after Clark resigned, Petersen, who has returned as CEO, wrote his own post on X announcing that Flexport would be rescinding offer letters from new starters whilst the company "gets its house in order." Flexport is rescinding a bunch of signed offer letters for people who were starting as soon as this Monday. I am deeply sorry to those people who were expecting to join our company and won't be able to at this time. It's messed up. But no way around it, we have had a hiring… In an apparent dig at Clark, he wrote that Flexport has "had a hiring freeze for months," and that he had "no idea why more than 75 people were signed to join, or why we had over 200 open roles on our website." Neither Flexport nor Clark immediately replied to requests for comment, sent outside regular US working hours. Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications
Flexport Frequently Asked Questions (FAQ)
When was Flexport founded?
Flexport was founded in 2013.
Where is Flexport's headquarters?
Flexport's headquarters is located at 760 Market Street, San Francisco.
What is Flexport's latest funding round?
Flexport's latest funding round is Line of Credit.
How much did Flexport raise?
Flexport raised a total of $2.437B.
Who are the investors of Flexport?
Investors of Flexport include KKR, Founders Fund, DST Global, SoftBank, Andreessen Horowitz and 28 more.
Who are Flexport's competitors?
Competitors of Flexport include MightyFly, Nuvocargo, Morpheus.Network, Freightos, Shippeo, Porth, FourKites, Project44, InstaFreight, Forto and 22 more.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
Compare Flexport to Competitors
Project44 offers an end-to-end supply chain visibility platform for shippers and third-party logistics firms. The platform boosts operational effectiveness, cuts costs, and helps enhance shipping performance. It offers shipping, logistics, and carrier solutions for consumer goods, food and beverages, retail, manufacturing, life sciences, and other industries. The company was founded in 2014 and is based in Chicago, Illinois.
Zencargo operates as a digital freight forwarder and logistics provider. It offers a platform that allows users to book, manage, and keep track of their international freight and also use analytics to drive supply chain decisions. The company was founded in 2017 and is based in London, United Kingdom.
Gruzobzor offers a cloud-based service targeted at the transportation industry to enable carriers, shippers and freight forwarders to share electronic documents and communicate in real-time, therefore increasing efficiency when transporting goods B2B.
Tive provides real-time supply chain visibility insights to help logistics professionals manage their in-transit shipments' locations and conditions. It offers cellular trackers and a cloud-based software platform that enables real-time visibility into user shipment's location and shape. The company was founded in 2015 and is based in Boston, Massachusetts.
FourKites offers a supply chain visibility platform. Its platform delivers real-time visibility and execution for companies and third-party logistics firms. It serves food and beverage, pharmaceutical, retail, and other industries. The company was founded in 2014 and is based in Chicago, Illinois.
Shippeo develops a multimodal transportation visibility platform. It tracks shipments for shippers and logistics service providers helping them leverage transportation. The platform provides access to delivery tracking, automates customer processes, and estimated- time of arrival (ETA) accuracy with the help of its proprietary machine learning algorithm. It primarily caters to the automotive, building materials, consumer goods, food and beverage, manufacturing, oil, gas, and chemicals, and retail industries. The company was founded in 2014 and is based in Paris, France.
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