Flexerevenue, valuation & funding
Transportation & Logistics ServicesSeattle, 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.
All 2 revenue readings, with sources
| 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 | $365M | 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 |
#23 of 68 Transportation & Logistics Services companies by revenue · category median $28.4M · 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 SiebrechtFounder & 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
What is Flexe's revenue?
Flexe's annual revenue was $91.1M in December 2024 (source not recorded). No later figure is on record.
What is Flexe's valuation?
Investors valued Flexe at $1B.
How much funding has Flexe raised?
Flexe has raised $211.9M across six funding rounds. The latest was a $67.9M funding round in April 2022.
Is Flexe publicly traded?
No. Flexe is a private company, so its shares aren't traded on a stock exchange.
How many employees does Flexe have?
Flexe has 201 employees as of November 2025, according to LinkedIn.
Who is the CEO of Flexe?
Karl Siebrecht is the CEO of Flexe and founded the company in 2013.
Who founded Flexe?
Karl Siebrecht founded Flexe in 2013.
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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 Oct 30, 2026Data disclaimerReport a correctionClaim this profileRun Flexe? Join the podcast