Flexport was founded in March 2013 by Ryan Petersen. The company has not officially endorsed a plan to participate in an IPO.
Flexport is a freight forwarder and licensed customs brokerage looking to add a layer of software to increase visibility and efficiency to the global trade system. In a 2016 interview with Trade Finance Global, CEO Ryan Peterson described freight forwarders as responsible for coordinating the complexity required to move freight across a diverse network of logistics asset owners. The company has raised approximately $1.35 billion in Venture Capital funding from investors including SoftBank, MicroVentures, Reshape Holdings, G Squared, Wells Fargo Strategic Capital, 8VC, FJ Labs, Founders Fund, DST Global, GV, SV Angel, and Y Combinator. Per company press releases, Flexport last raised $1 billion in February 2019 at a post-money valuation over $3 billion.
Flexport does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Flexport will be known as it becomes public. Here are similar public companies: Blade (NASDAQ: BLDE), Fast Radius (NASDAQ: FSRD), Joby Aviation (NYSE: JOBY), Procore Technologies (NYSE: PCOR), Rocket Lab (NASDAQ: RKLB).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 9/21/2017 | Series C | $953.3MM | $XXX.XX | $XXX.XX |
| 9/25/2016 | Series B-1 and B-2 | $380.57MM | $XXX.XX | $XXX.XX |
| 8/7/2015 | Series A | $102.54MM | $XXX.XX | $XXX.XX |
Flexport is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Flexport is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
Flexport has a valuation of around $8 billion, which makes Flexport a unicorn.
Flexport is a digitizing freight forwarding company that gives visibility and control in the shipping process. It streamlines communication and allows cargo owners to track shipments in real time.
