Flexport
- sustainable development goals
- climate tech
- supply chain management
- industrial technology
- verified unicorns and $1b exits
- bluetech
- brokerage
- blue economy
- startupamsterdam
- b2b online marketplace
- shipping
- alternative data
- logistics tech
- freight
- shipping and ports
- yc w14
- logistics management
- tracking and visibility
- freight forwarding
- logistics intermediary
Financials
Estimates*
USD | 2019 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 650m | 3.3b | 5.0b | 2.0b |
% growth | - | - | 52 % | (60 %) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $6.9m | Seed | |
$20.0m | Series A | ||
$65.0m | Series B | ||
* | $110m | Series C | |
N/A | N/A | - | |
* | $100m | Series D | |
$1.0b Valuation: $3.2b | Series E | ||
N/A | - | ||
$10.0m | Late VC | ||
* | $935m Valuation: $8.0b 2.4x EV/LTM Revenues | Series E | |
* | $200m | Debt | |
* | $260m | Convertible | |
Total Funding | €2.3b |
Related Content
Recent News about Flexport
EditFlexport is a dynamic player in the logistics and supply chain industry, offering a comprehensive suite of services designed to streamline global trade. The company operates primarily in the logistics sector, serving a diverse range of clients including manufacturers, retailers, and other businesses that require efficient and reliable shipping solutions.
Flexport's business model revolves around providing end-to-end logistics services. This includes ocean shipping, air freight, ground transportation, and customs brokerage. They offer both Full Container Load (FCL) and Less than Container Load (LCL) shipping options, catering to different client needs based on shipment size. Their OceanMatch service optimizes container space, reducing costs and improving efficiency.
A key differentiator for Flexport is its technology platform, which offers clients deep visibility and control over their supply chains. This platform allows businesses to track and trace shipments in real-time, ensuring transparency and predictability. Additionally, Flexport provides trade advisory services, financial services such as trade finance and insurance, and supply chain services that include carbon offset options to help companies reduce their environmental impact.
Flexport makes money by charging fees for its various logistics services. These fees can be based on shipment size, distance, and the complexity of the services provided. The company also earns revenue from its financial services, including insurance and trade finance, which help businesses manage risk and improve cash flow.
In summary, Flexport is revolutionizing the logistics industry with its technology-driven approach, offering a range of services that provide visibility, control, and efficiency to global trade operations.
Keywords: logistics, supply chain, ocean shipping, air freight, customs brokerage, trade finance, technology platform, real-time tracking, carbon offset, global trade.