flexport investor presentation

With quick uplift to speed delivery, urgent shipments lift sales. Petersens phone lit up with calls from policymakers like Gavin Newsom. No surprise, then, that powerful investors keep piling in. Flexport has made 33 investments. Customs had high margins, but at $99 per transaction wouldnt amount to enough. Order Management delivers orders to suppliers, who book shipments across a global logistics networkright in the Flexport Platform. Higher yield than a high-yield savings account. Former Amazon exec aims to repeat logistics growth at Flexport Which industries do these Sub-Organization operate in? Flexport - Products, Competitors, Financials, Employees, Headquarters I wish I could look inside with a HoloLens to see which containers are Flexports, he says, imagining that Microsofts augmented-reality glasses had an X-ray feature. : What values and behaviors do you look for in employees you hire? A Division of NBCUniversal. San Francisco, California, United States 1001-5000 Debt Financing Private www.flexport.com 5,194 Highlights Acquisitions 2 Investments 49 Exits 1 Total Funding Amount $2.4B Contacts 1,016 Employee Profiles 39 Past performance is no guarantee of future results. By continuing to use this site you are consenting to these choices. You're more than your latest funding, tell our customers your company's story. Flexports aggressive fundraisingit has secured more than $2 billion to datemeant dilution for Petersen personally, who today owns just 9% of his company despite having no cofounders. Petersen uses two major frameworks in order to maintain company culture and prioritize customer needs. Average folks who never gave a thought to the global supply chain are paying attention now. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. What customers wanted, Petersen realized, was an online destination that handled customs and their bigger concern: freight forwarding. Shipping is a huge pond. When Ryan Petersen does his interviews, people in the industry typically get upset because he tends to simplify things a lot. Gruzobzor offers a cloud-based service targeted at the transportation industry to enable carriers, shippers and freight forwarders to share electronic documents and communicate in real-time, therefore increasing efficiency when transporting goods B2B. The gate-crashing younger Petersen made a lasting impression on Paul Graham, the accelerators cofounder, who had an interest in global trade. : Where does your team feel a sense of belonging and inclusivity? Learn more. Kohlberg Kravis Roberts and Hedonova are the most recent investors. For years, Petersen had tinkered with another idea, a TurboTax for customs paperwork, but he needed to clear a rigorous background check (smuggling is one concern) to move goods across the U.S. border. Flexport Revenue: Annual, Quarterly, and Historic - Zippia Flexport has not yet filed for an IPO. Browse our latest articles and investing resources. But as one of the fastest-growing players in a space called digital freight forwarding, Petersens eight-year-old company is already the worlds seventh-biggest buyer of cargo room on such trans-Pacific routes. We let them understand what the consequences were for their portfolio of products. Funding Round . Flexport.org is a social good and sustainability initiative that partners with nonprofits shipping goods to areas of need, companies with excess goods to donate and companies that are looking for innovative ways to reduce carbon emissions.

Bartlett Il Police Scanner, Gerald's Game What Was Her Dad Doing, Tony Reeves Liverpool City Council Email, Most Stingy Zodiac Sign, Articles F