Flexport logo
Founded 2013

Flexport

2019 Revenue

$861.0M

YOY

82.80%

Funding

$1.3B

How Flexport hit $861.0M in Revenue with 10K Customers in 2019.

About Flexport

Flexport is a licensed customs brokerage and freight forwarder built around a modern web application. Its freight service includes an online dashboard for businesses to easily understand, purchase, manage, and track the services required for global trade. Its team of logistics experts lets focus on core business by ensuring goods arrive at fulfillment/distribution centers on time and at the lowest cost. Flexport's mission is to fix the user experience in global trade and bring the world free trade through technology. The company was founded in 2013 and is based in San Francisco, California.|Flexport is a full-service global freight forwarder and logistics platform using modern software to fix the user experience in global trade

Monthly Revenue

$71.8M

+ $32.5M (82.80%)
Total Expenses

$71.8M

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

82.80%

=
Rule of 40

83


Headquarters

333 N Green Street ChicagoIllinoisUnited States
$Funding$Revenue

Flexport Revenue

In 2019, Flexport revenue run rate hit $861.0M in revenue.

110.00%▲83.00%▲$224.8M$471.0M$861.0M

Flexport Valuation and Funding History

Flexport has raised a total of $1.3B.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
02/21/2019$1.0B$3.2B
04/27/2018$100.0M
09/21/2017$110.0M$953.3M
09/26/2016$65.0M$320.1M
06/08/2015$22.1M$102.5M
01/04/2014$6.9M

Customers

Flexport has 10K customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Flexport has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Flexport has 2,000 employees. They have 179 sales reps that carry a quota They have an engineering team of 234. and a marketing team of 29.

201620182019202067.00%▲52.00%▲68.00%▲
DistributionQty

Total Team Size

2000

Engineers

234 (12%)

Sales

179 (9%)

Marketing

29 (1%)

CEO/Founder

Ryan Petersen


CEO Q&A

What's your age?

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Advice for 20 year old self

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Flexport Board of Directors

NamePosition
Rahul MehtaBoard Member
Trae StephensBoard Member
Michael Ronen JDBoard Member

Flexport Executives

NamePosition
Ryan PetersenCEO
Sanne MandersCOO
Ben BravermanChief Customer Officer
Phil LevyChief Economist
Alessandro MutiChief Enterprise Software Architect
Chris FerroChief Legal Officer
Javier Cortes AngelChief Of Staff To CEO
Will UrbanChief Revenue Officer
James ChenChief Technology Officer (CTO)
Elke KlaassenChief of Staff EMEA
Geoffrey SmallingChief of Staff to CTO
Brian TsengChief of Staff, APAC
Sarah GehrkiDirector, People Programs & Chief of Staff to Head of People
Kevin PaigeVice President, Chief Information Security Officer (CISO)

Flexport Employees

NamePosition
Susy (Susanne) SchönebergFounder and Head

Frequently Asked Questions about Flexport

When was Flexport founded?

Flexport was founded in 2013.


Who is the CEO of Flexport?

The CEO of Flexport is Ryan Petersen


How many employees does Flexport have?

Flexport has 2,000 employees.

How much revenue does Flexport generate?

Flexport generates $861.0M in revenue.


How much funding does Flexport have?

Flexport has raised $1.3B.


Where is Flexport headquarters?

Flexport is headquartered at 333 N Green Street ChicagoIllinoisUnited States

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