Flexport was founded in March 2013 by Ryan Petersen. According to the Motley Fool as of December 2023, Flexport has not announced an IPO. The Motley Fool reported, “The company's current focus is on returning to profitability, which it aims to achieve by the end of 2024 or early 2025. Once it reaches sustainable profitability, it will likely pursue an IPO so that the venture capital funds holding its shares can begin exiting their investments.” Flexport has not publicly 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. Per Forge data, Flexport has raised a total of $2.4 billion in funding over 18 rounds. Their latest funding was raised on May 4, 2023. Key investors include DST Global, Founders Fund, Shopify, SoftBank Vision Fund, MSD Partners, and S.F. Express.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Learn more about Flexport

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What is Flexport's IPO price?

The IPO price for Flexport will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Flexport?

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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Can you sell Flexport shares pre-IPO?

If you own Flexport pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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Is Flexport a publicly traded company?

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.

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When was Flexport founded?

Flexport was founded in 2013.
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Is Flexport a unicorn?

Flexport has a valuation of around $8 billion, which makes Flexport a unicorn.

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What type of company is Flexport?

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.

Who are Flexport's major investors?

8VC
First Round Capital
DST Global
G Squared
Susa Ventures

Flexport Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
9/21/2017 Series C $159.68MM raised $XXX.XX $XXX.XX
9/25/2016 Series B-1 and B-2 $60.58MM raised $XXX.XX $XXX.XX
8/7/2015 Series A $28.79MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jan 2, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.