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Flexport Fund is the San Francisco, California-based corporate venture capital arm of global freight forwarder Flexport, focusing on early-stage investments in supply chain, logistics, and trade technology startups. The firm targets pre-seed, seed, Series A, and Series B funding rounds, writing checks that range from $1 million to $20 million for companies that integrate with its parent organization's ecosystem. Its investment strategy spans multiple sectors related to global trade, including freight software, aerospace, defense, consumer goods, financial technology, and climate initiatives. The fund leverages the scale of its parent company, Flexport, which previously secured a $1 billion investment led by SoftBank Vision Fund and grew to approximately 1,000 global employees while generating nearly $500 million in annual revenue. Flexport Fund was established in 2021 by Flexport founder, chief executive officer, and partner Ryan Petersen.
Flexport Fund has raised $1.6B across 5 funding rounds.
Key people at Flexport Fund.
Flexport Fund has raised $1.6B in total across 5 funding rounds.
Flexport Fund has raised $1.6B in total across 5 funding rounds.
Flexport Fund's investors include Tobias Lütke, Avi Korn, Ed Shrager, Bloomberg Beta, DST Global, First Round Capital, Founders Fund, SF Express, Y Combinator, Peter Thiel, Ashton Kutcher.
Flexport Fund operates as an investment vehicle dedicated to the logistics and supply chain technology sector. It strategically backs software companies developing freight and supply-chain solutions, specifically those integrating with Flexport’s established global logistics infrastructure. This alignment cultivates innovations that expand global trade efficiency.
The fund's purpose stems from Flexport's foundational insight, spearheaded by co-founder Ryan Petersen in 2013. Petersen recognized profound inefficiencies in global freight forwarding, inspiring creation of a unified, technology-driven platform. The Flexport Fund extends this original vision, nurturing specialized solutions for a more interconnected, modernized trade landscape.
Through its investments, Flexport Fund supports companies whose offerings benefit diverse global businesses via advanced logistics software. The fund's vision aligns with Flexport’s broader mission to democratize and simplify global trade for all participants. By fostering technological advancements, the fund contributes to building transparent, reliable, and adaptable supply chains.
Key people at Flexport Fund.
Flexport Fund has raised $1.6B across 5 funding rounds. Most recently, it raised $260.0M Flexport - Other Equity in January 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 22, 2024 | $260M Venture Round | Tobias Lütke | — | Announced |
| Oct 20, 2022 | $200M Debt Financing | AVI Korn | — | Announced |
| Feb 21, 2019 | $1B Venture Round | ED Shrager | — | Announced |
| Apr 30, 2018 | $100M Venture Round | — | Bloomberg Beta, DST Global, First Round Capital, Founders Fund, SF Express, Y Combinator | Announced |
| Jun 28, 2016 | $20M Series A | Peter Thiel | Ashton Kutcher | Announced |
