Flexport
Flexport combines a software platform (shipment tracking, SKU-level visibility, analytics) with its own freight forwarding, customs brokerage, trucking and fulfillment services. Its customers are importers, exporters and e-commerce/DTC merchants. It earns money mainly from freight and logistics services, plus add-ons such as Flexport Capital, which offers short-term inventory and logistics financing. It has raised over $2B in total, including a $935M round at an $8B valuation in 2022 and a $260M investment from Shopify in 2024. In August 2025 BlackRock partnered with it to expand Flexport Capital's financing base by $250M. Wikipedia lists 2024 revenue at about $2.1B, while Latka estimates $1.5B.
Funding
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