Your Source for Venture Capital and Private Equity Financings

Venture Capital News: Flexport Announces $935M in Series E Funding

2022-02-07
SAN FRANCISCO, CA, Flexport, a platform for global logistics, announced a $935 million Series E investment round led by Andreessen Horowitz and MSD Partners.
Flexport, the platform for global logistics, announced a $935 million Series E investment round led by Andreessen Horowitz and MSD Partners with a strategic investment from Shopify, as well as participation from existing partners DST Global, Founders Fund, SoftBank Vision Fund 1, and other investors including Kevin Kwok. The investment brings Flexport's post-money valuation to over $8 billion.

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.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors