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Flexport is the modern freight forwarder. Combining technology, infrastructure and expertise, we are building the Operating System for Global Trade.
Flexport is a platform for global trade. The company makes it easy for businesses to move products by air, land, and sea around the world. It is a licensed customs brokerage and freight forwarder built around an online dashboard. Users can track their shipments online and use analytics and reporting to increase output and efficiency. Users can track their shipments online and use analytics and reporting to increase output and efficiency.
PRODUCTS & SERVICES
Flexport is a licensed freight forwarder that uses people and software to manage the complexity of international trade. Flexport provides a web-based app that offers real-time visibility of your shipments The services Flexport provides are ocean freight, air freight, trucking and delivery, government agency and filings, custom clearances, custom bonds, cargo insurance, quality inspections, warehouse and fulfillment, and product classification.
The main revenue streams come from institutional clients. Flexport negotiate rates with Carriers and re-sell that capacity at a margin to their customers.
Flexport serves both institutional and retail clients. For institutional clients
it provides an integrated service ranging from port-to-port shipment to supply chain optimization
along with all their proprietary technology. For retail clients
it provides a delivery service with tracking available 24/7 via an app.
Flexport’s key partners are freight forwarding companies
specifically in ocean FCL/LCL
trucking and fulfillment.
PRIMARY PROBLEM SOLVED
Flexport cuts down on paperwork and headaches for importers,.It is a rare freight-forwarding outfit to digitize international shipping, making it easy to move goods through customs and around the world.
Flexport’s IP is its proprietary software platform that allows consumers to access and negotiate pricing, track shipments, perform and review analytics and optimize supply chains.
DATE OF LAST FUNDING
SERIES A · $29 M · Aug 2015
SERIES B · $65 M · Sep 2016
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