Flexport is transforming the outdated freight forwarding and customs brokerage industry with an innovative technology platform. CEO Ryan Peterson started the company in 2013 after encountering the problem while founding another company in the importing space. Flexport aims to modernize global trade through simplified logistics services and supply chain management software.
The company has seen tremendous growth in a short period, with revenue doubling year-over-year to reach a $3.2 billion valuation within 4 years ($8 billion today). However, Flexport faces risks related to achieving profitability, sustaining customer demand, and executing during leadership changes. As one of the fastest-growing tech companies in the past decade, Flexport now manages supply chain movements for over 10,000 clients across multiple industries. With backing from leading investors like Andreesen Horowitz, Founders Fund, and Shopify, and over 1,000 employees worldwide, Flexport is positioned to become the operating system for global trade.
Joining Flexport provides an opportunity to work on complex challenges related to worldwide logistics. Employees can expect to collaborate with talented, mission-driven teams working to increase supply chain transparency and efficiency.
2013
Founded
1k+
Employees
Series E
Stage
$8B
Latest Valuation
$1B+
Total Funding
Jan 19 2024
Last Fundraise
Why is the rating
Top Previous Employers
Amazon
Expeditors
Microsoft
Shopify
Investors
Andreessen Horowitz
Coinbase, Slack, Flexport
Founders Fund
Facebook, SpaceX, Affirm
Y Combinator
Instacart, Faire, OpenSea