Flexport stock

Flexport Stock

Industrial and Transportation
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Founded: 2013Funding to Date: $2B
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Flexport, a freight forwarding platform developer, offers a service that enhances visibility and control across the entire supply chain. The platform managed by Flexport organizes the transportation of goods and tracks the inventory in real-time for orders delivered via ocean, air, and road freight. This innovative technology allows logistics companies to optimize their transportation routes and effectively manage their inventory.

Investors include:
Founders Fund logo
Andreessen Horowitz logo
Further Key Investors:

Alexis Ohanian, Neurone, Red Sharks Ventures, Snow Fox Partners, Rugged Ventures, Ventioneers, Sax Capital, Reform Ventures, Friends & Family Capital, Spur Capital Partners, Ashton Kutcher, Kindling Capital, Carmen Busquets, Seek Ventures, SV Angel, Lee Linden, FG2 Capital, Disruptive, EB Exchange, Jovono, University Growth Fund, Wesley Chan, DT Unicorn Fund, Paul Sethi, Anja Manuel.

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Management Team

Ben BravermanChief Customer Officer
Sanne MandersChief Operating Officer
Ryan PetersenCo-Founder, Chief Executive Officer & Board Member
Nerijus PoskusVice President & Global Head of Ocean Freight
Neel Jones ShahExecutive Vice President & Global Head of Air Freight
Natalie VolpeLead, Corporate Development & Strategy
Kevin PaigeVice President & Chief Information Security Officer
Kenneth R. WagersChief Financial Officer
Kaitlyn GlancyGeneral Manager, Northeast
Stuart LeungSenior Vice President, North America
Justin SchaferVice President, Sales & Accounts
Jan van CasterenVice President, Europe
James ChenChief Technology Officer
David RobinsonVice President of Design
Daniel GlazerExecutive
Christopher FerroChief Legal Officer
Christian Vizcaino JordanVice President
Carter ChangDirector, Strategy & Operations
Brenda EspeletaVice President, Customs
Jennifer LongnionChief Impact Officer
Will UrbanChief Revenue Officer

Board Members

Michael RonenBoard Member
Rahul MehtaBoard Member
Robert H. SwanBoard Member
Ryan PetersenBoard Member
Trae StephensBoard Member

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Flexport in the News

Source: Sourcing JournalPeloton Files FMC Complaint Against Flexport, Citing ‘Millions’ in D&DFees

Peloton Files FMC Complaint Against Flexport, Citing ‘Millions’ in D&D Fees

Source: Sourcing JournalShein’s U.S. Marketplace Taps Flexport forLogistics

Shein’s U.S. Marketplace Taps Flexport for Logistics

Source: Supply Chain DiveFlexport, Shopify strengthen logistics ties with merchant perks

The freight forwarder is offering discounts for Shopify merchants to use its fulfillment services and a new shipping product.

Source: Transport TopicsFlexport Resurrects Convoy Services With New Tech Platform

Flexport launched a new technology platform that offers global shippers access to a trucking capacity marketplace of small carriers and owner-operators, the company announced Feb. 22.

Source: The LoadstarShopify impacted – due diligence on Flexport losses

Shopify impacted – due diligence on Flexport losses - The Loadstar

Source: TechmemeSources: Flexport lost at least $2M/month in 2023 on its air freight deal with Apple, started in late 2022 to ship products from some Asian factories to the US (The Information)

The Information: Sources: Flexport lost at least $2M/month in 2023 on its air freight deal with Apple, started in late 2022 to ship products from some Asian factories to the US

Source: The InformationFlexport’s Apple Air Freight Deal Has Burned Through Cash

For Flexport, a logistics company billing itself as the future of trade, it’s hard to think of a more impressive client than Apple, the poster child of globalization. Since late 2022, the iPhone maker has been using Flexport’s air freight services...

Source: Billionaires PressLogistics Firm Flexport To Lay Off Another 20% Of Its Workforce: Report – IBC World News

Logistics Firm Flexport To Lay Off Another 20% Of Its Workforce: Report – IBC World News

Source: Aircargo NewsSea-air to come to the fore as Red Sea crisis drags on

Kerry Logistics has reported increased interest in its sea-air services, mirroring reports of growing demand for alternatives to ocean shipping due to the

Source: TechCrunchFlexport taps Shopify for cash, behind the wheel of the Kia EV9 and where Amazon wants to invest

TechCrunch Mobility is a weekly newsletter focused on the future of transportation. This week, learn about Amazon, Fisker, Flexport and Kia.