What is Flock Freight?
Founded in 2015, Flock Freight is at the forefront of transforming the supply chain through advanced technology. The company specializes in optimizing freight shipping by intelligently matching locations, schedules, and compatible shipments to pool freight at scale, utilizing billions of potential combinations. As a certified B Corporation, Flock Freight is committed to environmental sustainability, achieving up to a 40% reduction in carbon emissions compared to traditional shipping methods by enabling fuller trucks and optimized routes. Its innovative approach has garnered recognition, including being named one of TIME's Most Influential Companies and a CNBC Disruptor 50.
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 GV, TenOneTen Ventures, SignalFire, Schematic Ventures, and Foundation Capital
Series B (2020): $50M led by SignalFire and GLP Capital Partners
Series C (2020): $113.5M supported by GLP Capital Partners LP, Volvo Group Venture Capital, SignalFire, Google Ventures, and SoftBank Group
Unspecified (2021): $215M featuring Susquehanna Private Capital, Eden Global Partners, GLP Capital Partners, SoftBank Group, SignalFire, and GV
Series E (2025): $60M backed by SignalFire, O’Neil Strategic Capital, and Bracket Capital
Key Investors in Flock Freight
Susquehanna Private Capital
Susquehanna Private Capital is a venture capital firm that operates within the private equity sector, likely focusing on strategic investments in growing companies.
GLP Capital Partners
GLP Capital Partners is a financial services firm that likely provides capital and strategic support to companies within its investment portfolio.
SoftBank Group
SoftBank Group is a global technology holding company that invests in and supports innovative businesses across various sectors, including telecommunications, AI, and clean energy.
What's next for Flock Freight?
The recent major strategic investment signals a new phase of expansion and innovation for Flock Freight. This capital will likely be deployed to further enhance its proprietary technology, broaden its service offerings, and strengthen its market position in the competitive logistics landscape. With a focus on sustainability and efficiency, Flock Freight is poised to continue its trajectory of growth, driving further advancements in smart shipping solutions and solidifying its role as a leader in the future of freight transportation.
See full Flock Freight company page
