Flexerevenue, valuation & funding
Warehouse Management SoftwareSeattle, WashingtonFounded 2013CEO Karl Siebrecht
Flexe is actually a privately held company and is not owned by any other company. Flexe is a Seattle-based technology company that provides on-demand warehousing and fulfillment services.
- Valuation
- $1B
Flexe revenue
Flexe's annual revenue was $91.1M in December 2024 (source not recorded), the most recent figure on record.
| As of | Revenue | Source |
|---|---|---|
| Apr 2022 | $35.4M | – |
| Dec 2024 | $91.1M | – |
– source not recorded
Flexe valuation
Flexe is privately held, so there is no Flexe stock to buy. Investors valued it at $1B.
Flexe funding rounds & investors
Flexe has raised $211.9M across six rounds since 2013. The latest was a $67.9M funding round in April 2022.
| Date | Round | Raised |
|---|---|---|
| Apr 2022 | Venture | $67.9M |
| Jan 2021 | Series C | $10M |
| Dec 2020 | Series C | $70M |
| May 2019 | Series B | $43M |
| Jul 2016 | Series A | $14.5M |
| Sep 2013 | Seed | $6.5M |
| Total raised | $211.9M |
Flexe competitors
Flexe competes most directly with Shipmonk, ShipBob and Flowspace.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Shipmonk | $225M | $300M | 1,026 | 1K | 2014 |
 ShipBob | $97.7M | $330.5M | 1,505 | 5K | 2014 |
| Flexe | $91.1M | $211.9M | 201 | – | 2013 |
 Flowspace | $7.7M | $46.5M | 80 | – | 2017 |
#8 of 154 Warehouse Management Software companies by revenue · category median $3.2M · See the ranking
Flexe CEO, founders & employees
Karl Siebrecht founded Flexe in 2013 and runs it as CEO. Flexe has 201 employees (November 2025, LinkedIn), down from 227 a year earlier.
- Karl SiebrechtCo-founder & CEO
All 7 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 201 | |
| Dec 2024 | 227 | |
| Oct 2024 | 479 | |
| Dec 2023 | 409 | |
| Jul 2023 | 542 | – |
| Dec 2022 | 233 | |
| Apr 2022 | 443 | – |
Flexe FAQ
How much money does Flexe make?
The most recent figure is $91.1M in annual revenue, from December 2024 (source not recorded).
How much is Flexe worth?
Companies don't publish a net worth. The closest figure is Flexe's valuation: $1B.
Who owns Flexe?
Flexe is privately held by its founders, employees and investors.
Is Flexe publicly traded?
No. Flexe is a private company, so its shares are not listed on a stock exchange.
How much funding has Flexe raised?
$211.9M across 6 rounds; the latest was a $67.9M round in April 2022.
Who is the CEO of Flexe?
Karl Siebrecht, a co-founder.
Who founded Flexe?
Karl Siebrecht, in 2013.
How many employees does Flexe have?
About 201 as of November 2025 (LinkedIn).
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How this page is sourced
5 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 10, 2026Data disclaimerReport a correctionClaim this profileRun Flexe? Join the podcast