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Flexport

Last Updated

September 14, 2023

Flexport

Technology platform for global logistics.

About

Industry

Supply Chain & Logistics, SaaS

Founded

2013

Headquarters

San Francisco, California

Website

jobs

Funding History

funding

$2.4 billion

Valuation

$8 billion

Notable investors

Andreessen Horowitz, Softbank, Y Combinator, Founders Fund, Susa Ventures

Traction

In the first half of 2023, Flexport did $700 million in revenue, down ~70%.

Flexport has 10,000+ customers, including Rothy’s, Everlane, Bombas, Outdoor Voices, and Caraway.

In 2021, Flexport technology moved nearly $19 billion of merchandise across 112 countries.

Flexport saves customers 208 hours annually by customers who use them over other freight forwarders.

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Leadership

Ryan Petersen: Founder & CEO of Flexport.

Sanne Manders: President at Flexport. Former Principal at The Boston Consulting Group.

Yuko Kamae: VP, Head of Product Management at Flexport. Former VP of Product Management at Rakuten.‍

Kenny Wagers: CFO at Flexport. Former COO at XPO Logistics.

Latest News

Yahoo Finance (June 6, 2023): Shopify Completes Sale of Shopify Logistics to Flexport

The Wall Street Journal (May 18, 2023): Flexport Taps Uber Freight Executive to Build Truck Brokerage‍

CNBC (January 11, 2023): Flexport to lay off 20% of its global workforce