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Flexport Raises Series B Round of $65M

2016-09-26
Flexport has raised a Series B round of $65M to fund our global expansion, bringing our total capital raised to $94M.
Flexport raised a Series B round of $65M to fund our global expansion, bringing total capital raised to $94M. This new funding was filled out almost entirely by existing Flexport investors including Founders Fund, Bloomberg Beta, Felicis Ventures, First Round Capital, Susa Ventures, Yuri Milner, and others. They are joined by a new investor, Joe Lonsdale of 8VC. Trae Stephens from Founders Fund will join the board.

Flexport is a licensed freight forwarder that uses people and software to manage the complexity of international trade. Shipping something from Shenzhen to Cincinnati or Rotterdam to LA requires complex coordination. Currently that's done by telephones, spreadsheets, and fax machines. Flexport provides a web-based app that offers real-time visibility of your shipments. And we're not just a software platform: Our experienced logistics and customs experts are here to help at every step of the way. We offer services in air freight, ocean freight, trucking, warehouse & fulfillment, customs brokerage, and cargo insurance. Learn more about our services and request a live demo. Visit our partnerships page to find ways to offer your services through our platform.
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