Flexport
Founded Year
2013Stage
Line of Credit | AliveTotal Raised
$2.437BValuation
$0000Last Raised
$200M | 7 mos agoRevenue
$0000About Flexport
Flexport has developed a platform for global logistics empowering buyers, sellers, and their logistics partners with the technology and services to grow and innovate. The company has also started Flexport.org to support the sourcing and transport of supplies related to the coronavirus pandemic from where they are to the front lines in hospitals where they are needed. The company 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.
Digital freight forwarding platforms help shippers manage the end-to-end shipment of freight around the world. They come equipped with tools like automated booking and real-time shipment tracking, and they support streamlined pricing, increased communication across supply chain stakeholders, and enhanced inventory visibility. Platforms use AI and ML to automate freight requests and issues that use…
Flexport named as Leader among 12 other companies, including Sennder, Beacon, and Forto.
Missing: Flexport's Product & Differentiators
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Research containing Flexport
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CB Insights Intelligence Analysts have mentioned Flexport in 14 CB Insights research briefs, most recently on Nov 10, 2022.
Apr 7, 2022 report
State of Venture Q1’22 Report
Expert 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
5,245 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
1,208 items
Conference Exhibitors
6,062 items
Companies that will be exhibiting at CES 2018
Tech IPO Pipeline
568 items
Fintech
7,974 items
US-based companies
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
May 8, 2023
No Comments At the end of last year and this year, a large number of technology companies announced mass layoffs. It is impossible to list all of them at once, but the most well-known are among them. The next to join this list is e-commerce company Shopify, which plans to lay off 20% or 2,000 employees, as well as sell most of its logistics business. The CEO of Shopify, Tobi Lütke, shared the announcement of the layoffs at the very beginning of May. He also announced that, in addition, the company will sell most of its logistics business to supply chain technology company Flexport. Lütke also admitted that this decision could have a “devastating effect” on some employees, and emphasized that it was not easy to accept, but it was the right path for Shopify. True, it has not yet been revealed which department’s employees will be most affected by the layoff. As for Shopify’s logistics business, the company has decided to sell the logistics startup Deliverr, which it bought last year for more than two billion dollars. For part of the amount, Shopify plans to buy a 13% stake in Flexport and announced that it will become the company’s official logistics partner. In addition to that, Shopify also plans to sell the warehouse automation and robotics company River Systems, which it bought in 2019 for $450 million. Looking at the stock value curve, Shopify’s heyday, like many other e-commerce companies, was during the pandemic years. As restrictions eased and in-person shopping became the norm again, Shopify’s stock price reacted sharply. 2023-05-06 09:00:00
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 26 more.
Who are Flexport's competitors?
Competitors of Flexport include Morpheus.Network, Freightos, Shippeo, Porth, Project44, FourKites, MightyFly, InstaFreight, Forto, Logixboard and 17 more.
Compare Flexport to Competitors
Zencargo is a digital freight forwarder and logistics provider. Its platform allows customers to book, manage and keep track of their international freight as well as use analytics to drive supply chain decisions.
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.
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.
Shippeo develops a multimodal transportation visibility platform. It tracks shipments for shippers and logistics service providers helping them leverage transportation to deliver better customer service. 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.
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.
Orkestra Supply Chain Solutions (SCS) is a logistics and technology company that removes complexity through an intelligent platform and experienced people.
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