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Venture Capital News: FLEXE Raises $70M Series C Round

2020-12-01
SEATTLE, WA, Today FLEXE, the on-demand warehousing and fulfillment leader, announced the close of its $70 million Series C funding.
The round includes follow-on investments from Activate Capital, Tiger Global, Madrona Ventures, Redpoint Ventures, Prologis Ventures, and others, as well as a first-time investment from funds and accounts advised by T. Rowe Price Associates, Inc. FLEXE will use the new funding to invest in its team and technology, building solutions that help enterprise-class retailers and brands better execute flexible omnichannel operations.

FLEXE is reinventing warehousing and fulfillment to optimize the global delivery of goods. As the on-demand warehousing and fulfillment leader, FLEXE helps forward-looking brands create dynamic eCommerce fulfillment networks and resolve warehouse capacity constraints. Based in Seattle, the FLEXE team is transforming the logistics industry and helping customers create business agility.
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