What is Flock Freight?
Founded in 2015, Flock Freight operates at the intersection of advanced data science and industrial logistics. The company utilizes patented technology to match shipments, schedules, and locations, enabling the pooling of freight at scale. By optimizing truck capacity, Flock Freight significantly lowers carbon emissions, a commitment solidified by its B Corporation certification. Recognized by CNBC and TIME for its disruptive impact, the company has transitioned from a niche innovator to a critical player in the enterprise-level shipping market, effectively challenging traditional, less efficient freight models.
How much funding has Flock Freight raised?
Flock Freight has raised a total of $456.5M across 5 funding rounds:
Series A
$18M
Series B
$50M
Series C
$113.5M
Unspecified
$215M
Series E
$60M
Series A (2017): $18M with participation from TenOneTen Ventures, Foundation Capital, SignalFire, GV, and Schematic Ventures
Series B (2020): $50M led by SignalFire and GLP Capital Partners
Series C (2020): $113.5M supported by Volvo Group Venture Capital, SignalFire, SoftBank Group, Google Ventures, and GLP Capital Partners LP
Unspecified (2021): $215M featuring SignalFire, GV, SoftBank Group Corp, Susquehanna Private Capital, Eden Global Partners, and GLP Capital Partners
Series E (2025): $60M backed by O’Neil Strategic Capital, SignalFire, and Bracket Capital
Key Investors in Flock Freight
SignalFire
SignalFire is a venture capital firm designed as a technology company, focused on igniting growth for early-stage teams through data, AI, and expert support.
SoftBank Group
SoftBank Group Corp. is a global technology holding company driving innovation across telecommunications, internet services, artificial intelligence, and clean energy technologies.
Google Ventures
GV is a venture capital firm founded in 2001 that invests across multiple stages and sectors, focusing on enterprise solutions, life sciences, and frontier technology.
What's next for Flock Freight?
With this latest round of financing, Flock Freight is positioned to accelerate its market penetration and enhance its algorithmic capabilities. The company is expected to focus on expanding its network density, which is essential for maximizing the efficiency of its shared-truckload model. By leveraging the expertise of its high-profile backers, Flock Freight will likely prioritize the integration of AI-driven market intelligence to further optimize route planning and capacity utilization. As the logistics industry faces increasing pressure to decarbonize, the company's ability to deliver both economic and environmental value provides a distinct competitive advantage for long-term growth.
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