Flexport Stock

flexport.comIndustrial / LogisticsFounded: 2013

Flexport is a provider of global trade solutions and developer of a platform that clients use to move freight, clear customs, and make smarter decisions about their supply chain - all powered by a unique combination of technology, logistics infrastructure and expertise. 208 hours are saved on average every year by customers when they use Flexport over other freight forwarders, and 300K+ tonnes of greenhouse gases are offset, helping customers assess and mitigate their environmental impact.

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Management Team

Ryan Petersen
Co-Founder & Chief Executive Officer
Stuart Leung
Chief Financial Officer
Sanne Manders
President of Flexport Ocean and Air
Neel Jones Shah
EVP, Global Key Accounts & Chief Customer Officer

Board Members

Rahul Mehta
DST Global
Amin Mirzadegan
Founders Fund

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Flexport is a privately held company and therefore does not have a public stock price. However, you may access Flexport’s private market stock price with Forge Data.
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Flexport does not have an official ticker symbol because this company is not currently publicly traded.
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News Highlights

Shopify Deepens Flexport Relationship With $260M Investment
Supply-chain logistics platform developer Flexport, which is privately owned, is turning to Shopify to provide fresh capital. Shopify is the e-commerce company that powers online shopping experiences for apparel and footwear brands, and the company is investing $260 million with a $40 million cash injection into Flexport. Shopify participated in a $935 million Series E investment round for Flexport in February 2022, and Flexport launched a supply-chain tracking app on Shopify in February 2023.
Flexport Buys Shuttered Trucking Startup Convoy’s Technology
Flexport has reached a deal to buy the technology of shuttered trucking startup Convoy, as Flexport doubles down on its U.S. trucking ambitions even as it grapples with its own business slump. Convoy, once valued at $3.8 billion, shut down in October after failing to find a buyer or raise fresh capital. Convoy CEO Dan Lewis will join Flexport as part of the acquisition, a person familiar with the matter said, though his new role couldn’t be immediately learned.
Flexport’s Petersen Sets Long Timetable for Profits, Public Offering
The effort to rebuild Flexport’s finances will likely push back talk of an initial public offering, although Petersen said that is still the goal for the business that has drawn $2.3 billion in investment over its 10 years from groups including big Silicon Valley venture funds.
Updated on: May 22, 2024


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.