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About Flexport
Industries
Automotive & Transportation
Social Impact
Financial Services
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$2.4B
Headquarters
San Francisco, California
Founded
2013
Overview
Company Historically Provides H1B Sponsorship
Flexport provides logistics and supply chain services to facilitate global trade, including ocean shipping, air freight, ground transportation, and customs brokerage. Their technology platform allows clients to track shipments in real-time, offering transparency and control over their supply chains. Flexport stands out from competitors by combining logistics with financial services and trade advisory, helping businesses manage risks and improve cash flow. The company's goal is to streamline global trade operations, making them more efficient and accessible.
Simplify's Take
What believers are saying
- AI-driven logistics optimization is becoming increasingly important in the industry.
- Partnership with Veho enhances last-mile delivery capabilities in urban markets.
- Trucking capacity marketplace launch indicates a trend towards flexible logistics solutions.
What critics are saying
- Departure of key executives could disrupt operations and strategic direction.
- Complaints about excessive charges could damage reputation and client relationships.
- Over-reliance on AI may neglect human expertise and customer service.
What makes Flexport unique
- Flexport integrates AI to enhance logistics and operational efficiency.
- The company offers real-time tracking for comprehensive supply chain visibility.
- Flexport's OceanMatch service optimizes container space, reducing costs and improving efficiency.
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Funding
Total Funding
$2438.5M
Above
Industry Average
Funded Over
9 Rounds
Founders Fund
Andreessen Horowitz
SoftBank
First Round Capital
Y Combinator
SV Angel
BoxGroupBenefits
Free Food
Company Social Outings
Health & Wellness
Dental Insurance
Vision Insurance
Health Insurance
Life Insurance
Paid Time Off
PTO / Vacation Policy
Paid Holidays
Maternity / Paternity Leave
Financial Benefits
401K / Retirement Plan
Performance Bonus
Employee Stock Purchase Plan
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -2%2 year growth
↑ 0%Flexport, the flagship brand among the cohort of digital forwarders to have emerged over the past decade, on Monday launched a catalog of product updates focused around AI capabilities.
Six months after joining Flexport as co-CEO, Clark was appointed sole CEO by Flexport founder Ryan Petersen.
Last September, Clark abruptly resigned as CEO of Flexport, allowing for the return of its founder, Ryan Petersen.
It's a market where people are sending medical components down to be assembled into final goods, day in and day out, or they're sending automotive parts, or forklift parts, because there's automotive factories and Toyota has a big forklift factory in Puerto Rico," explained Jones Shah, a veteran air cargo executive who recently left logistics provider Flexport after more than seven years as global head of airfreight and chief customer officer. "
The deal: Veho joins Flexport's carrier roster.
Flexport is Hiring for 56 Jobs on Simplify!
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About Flexport
Industries
Automotive & Transportation
Social Impact
Financial Services
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$2.4B
Headquarters
San Francisco, California
Founded
2013
Flexport is Hiring for 56 Jobs on Simplify!
Find jobs on Simplify and start your career today