What is Flexport?
Founded in 2013 and headquartered in San Francisco, Flexport operates an AI-powered platform designed to unify and streamline logistics operations across ocean, air, trucking, and rail. The company offers end-to-end visibility and control, managing services that include international freight forwarding, customs brokerage, e-commerce and B2B fulfillment, cargo insurance, warehousing, and trade finance. By leveraging machine learning and AI, Flexport aims to optimize freight consolidation, automate customs compliance, and reduce international shipping costs for importers, exporters, and high-growth brands. Its client roster includes prominent platforms such as Shopify, Walmart, and SHEIN Marketplace, positioning Flexport as a key player in modernizing global trade infrastructure.
How much funding has Flexport raised?
Flexport has raised a total of $2.5B across 8 funding rounds:
Angel/Seed
$6.6M
Series A
$20M
Series B
$65M
Series C
$110M
Private Equity
$100M
Series D
$1B
Series E
$935M
Debt
$260M
Angel/Seed (2015): $6.6M with participation from Google Ventures and Ashton Kutcher Network
Series A (2015): $20M led by Bloomberg, A-Grade Investments, Fenway Summer Ventures, Felicis Ventures, Ceyuan Ventures, Y Combinator, Google Ventures, First Round Capital, Founders Fund, Susa Ventures, Cherubic Ventures, Funders Club, and Fuel Capital
Series B (2016): $65M supported by Joe Lonsdale, Felicis Ventures, Yuri Milner, First Round Capital, Founders Fund, Susa Ventures, and Bloomberg
Series C (2017): $110M featuring Wells Fargo, Susa Ventures, Founders Fund, and DST Global
Private Equity (2018): $100M backed by SF Express, First Round Capital, Bloomberg, Y Combinator, Founders Fund, and DST Global
Series D (2019): $1B with participation from Founders Fund, DST Global, SF Express, SoftBank Vision Fund, Susa Ventures, and Cherubic Ventures
Series E (2022): $935M led by MSD Partners, Andreessen Horowitz, Founders Fund, DST Global Solutions, Kevin Kwok, Softbank Vision Fund, and Shopify
Debt (2024): $260M supported by Shopify
Key Investors in Flexport
Andreessen Horowitz
Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies. The company is headquartered in Menlo Park, California.
Founders Fund
Founders Fund invests in the world's most important and valuable companies across all geographies, sectors and stages. The firm's partners have been founders and early funders of companies including PayPal, SpaceX, Palantir, Anduril, Airbnb, Stripe and Facebook. Founders Fund pursues a founder-friendly investment strategy, providing maximum support with minimum interference.
DST Global
DST is the largest Internet investor in the Russian and Eastern European markets and one of the largest investment groups globally to exclusively focus on the Internet and Internet related companies. We believe that the emergence of the Internet is one of the most important and fundamental trends of our time and that we are still in the early stages of this trend. In our view the next decade will be equally if not even more important than the previous decade and we want to partner with our companies to help them realise their full potential in this ever changing and dynamic business environment. DST was founded in 2005 when Yuri Milner and Gregory Finger pooled together their individual interests in Mail.ru and funded the first investments in young market leaders in the nascent Russian Internet sector. DST is controlled by its Founding Partners. Between 2005 and 2009 DST raised and invested more than $1 billion in over 30 companies and gained support from Russian and Western funds. In 2008, Alexander Tamas joined DST from Goldman Sachs and established a presence in London to spearhead further international efforts. In recent years DST also expanded into the Baltic region and, through its portfolio companies, also into Eastern and Western Europe, and China.
What's next for Flexport?
The substantial enterprise-level funding and recent strategic investment indicate Flexport is in a scaling phase, likely focusing on expanding its technological capabilities, global reach, and service offerings. The company's emphasis on AI and platform unification suggests a strategic direction towards further automation and data-driven decision-making within the complex logistics landscape. Future developments may involve deeper integration with e-commerce ecosystems, enhanced predictive analytics for supply chain disruptions, and continued expansion into new international markets to solidify its position as a leader in digital freight forwarding and supply chain management.
See full Flexport company page
