09.02.2022
Artikel Nummer: 39530
Almost 1 billion for Flexport
San Francisco-based Flexport, a technology platform and digital forwarder, has closed a USD 935 million series E funding round. Investors include Andreessen Horowitz and MSD Partners.
In addition to existing partners DST Global, Founders Fund and Softbank Vision Fund, new investors are also involved in strategic investment from Shopify and an investment from Kevin Kwok.
The funding brings Flexport's valuation to more than USD 8 billion. The capital increase follows continuous growth for the company, which now moves more than EUR 17 billion worth of goods for customers in 112 countries. (sh)