Flexport Announces $935 Million In Funding To Advance Resiliency And Visibility In Global Supply Chain
Flexport Announces $935 Million In Funding To Advance Resiliency And Visibility In Global Supply Chain
02/07/22, 11:35 AM
Location
san franciscoMoney raised
$935 million
Flexport, the platform for global logistics, today announced a $935 million Series E investment round led by Andreessen Horowitz and MSD Partners with a strategic investment from Shopify, as well as participation from existing partners DST Global, Founders Fund, SoftBank Vision Fund 1, and other investors including Kevin Kwok. The investment brings Flexport’s post-money valuation to over $8 billion.
Company Info
Location
san francisco, california, united states
Additional Info
We believe trade can move the human race forward. That’s why it’s our mission to make global trade easy for everyone. Flexport is the platform for global logistics—empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. Companies of all sizes—from emerging brands to Fortune 500s—used Flexport technology to move nearly $19B of merchandise across 112 countries in 2021.