{"id":6203,"date":"2022-02-18T21:07:46","date_gmt":"2022-02-18T21:07:46","guid":{"rendered":"https:\/\/findfreightloads.com\/blog\/?p=6203"},"modified":"2022-02-18T21:07:46","modified_gmt":"2022-02-18T21:07:46","slug":"san-francisco-based-brokerage-services-provider-flexport-raises-935-million","status":"publish","type":"post","link":"https:\/\/findfreightloads.com\/blog\/san-francisco-based-brokerage-services-provider-flexport-raises-935-million\/","title":{"rendered":"San Francisco-based brokerage services provider Flexport raises $935 Million"},"content":{"rendered":"\n<p>San Francisco-based freight forwarding and customs brokerage services provider Flexport heralded a $935 million Series E investment round, with this round bringing its post-money valuation to more than $8 billion.<\/p>\n\n\n\n<p>The raise follows years of uninterrupted growth for the company, particularly in the last twelve months, with Flexport\u2019s revenue more than doubling in 2021 as it moved nearly $19 billion in gross merchandise for its clients across 112 countries.<\/p>\n\n\n\n<p>\u201cThe global pandemic and the pressure it put on global supply chains has made the <a href=\"http:\/\/FINDFREIGHTLOADS.COM\">transportation <\/a>of goods\u2014something many people took for granted\u2014a daily pain point,\u201d said Ryan Petersen, founder and CEO of Flexport, in a statement. \u201cThis investment signals that the market recognizes the need for a tech-enabled logistics ecosystem that has the visibility and resilience to handle unexpected challenges of any scale.\u201d<\/p>\n\n\n\n<p>In terms of the biggest benefits of this investment for Flexport customers, Manuel Venegas, Flexport Senior Corporate &amp; Financial Communications Manager, told LM that Flexport is most excited to continue serving customers like Lululemon, Bridgestone, and Peloton through its most recent raise.<\/p>\n\n\n\n<p>This raise comes after a monumental year of company growth amidst the most turbulent period in global shipping.<\/p>\n\n\n\n<p>Growth + Change = Opportunity!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>San Francisco-based freight forwarding and customs brokerage services provider Flexport heralded a $935 million Series E investment round, with this round bringing its post-money valuation to more than $8 billion. The raise follows years of uninterrupted growth for the company, particularly in the last twelve months, with Flexport\u2019s revenue more than doubling in 2021 as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6204,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts\/6203"}],"collection":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/comments?post=6203"}],"version-history":[{"count":1,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts\/6203\/revisions"}],"predecessor-version":[{"id":6205,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/posts\/6203\/revisions\/6205"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/media\/6204"}],"wp:attachment":[{"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/media?parent=6203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/categories?post=6203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/findfreightloads.com\/blog\/wp-json\/wp\/v2\/tags?post=6203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}