Flexport revenue and valuation
Specter estimates Flexport's annual revenue at $730M to $1.93B and its valuation at $9.47B to $11.7B. The company last reported $3.3B revenue in December 2021 and was priced at $8B in February 2022.
- Estimated revenue
- $730M–$1.93B
- Estimated valuation
- $9.47B–$11.7B
- Reported revenue
- $3.3B
- Total funding
- $2.7B
- Founded
- 2013
- Headquarters
- San Francisco, United States
- Employees
- 2,980
Flexport revenue
Flexport last reported $3.3B revenue in December 2021. Specter's model puts current revenue between $730M and $1.93B.
Monthly data
| Month | Specter estimate | Low | High | Reported revenue |
|---|---|---|---|---|
| $1.33B | $730M | $1.93B | ||
| $1.33B | $750M | $1.91B | ||
| $1.24B | $730M | $1.75B | ||
| $1.26B | $760M | $1.76B | ||
| $1.26B | $760M | $1.76B | ||
| $1.25B | $750M | $1.75B | ||
| $1.22B | $720M | $1.73B | ||
| $1.28B | $750M | $1.81B | ||
| $1.2B | $700M | $1.71B | ||
| $1.17B | $660M | $1.67B | ||
| $1.18B | $680M | $1.68B | ||
| $1.17B | $670M | $1.67B | ||
| $1.18B | $680M | $1.68B | ||
| $1.18B | $680M | $1.68B | ||
| $1.19B | $680M | $1.7B | ||
| $1.17B | $630M | $1.71B | ||
| $1.25B | $790M | $1.71B | ||
| $1.29B | $820M | $1.77B | ||
| $1.26B | $790M | $1.73B | ||
| $1.28B | $780M | $1.79B | ||
| $1.31B | $780M | $1.85B | ||
| $1.27B | $760M | $1.77B | ||
| $1.34B | $780M | $1.89B | ||
| $1.35B | $780M | $1.93B | ||
| $1.35B | $780M | $1.93B | ||
| $1.34B | $780M | $1.9B | ||
| $1.38B | $800M | $1.95B | ||
| $1.38B | $800M | $1.96B | ||
| $1.37B | $790M | $1.96B |
| Date | Reported revenue | Source |
|---|---|---|
| $3.3B |
Flexport valuation
Flexport's valuation rose from $300M at its Series B in September 2016 to $8B at its Series E in February 2022. Specter's live estimate sits between $9.47B and $11.7B.
Monthly data
| Month | Specter estimate | Low | High | Reported valuation |
|---|---|---|---|---|
| $10.5B | $9.47B | $11.7B | ||
| $10B | $8.18B | $12.2B | ||
| $9.29B | $7.79B | $11.1B | ||
| $8.7B | $7.47B | $10.1B | ||
| $8.68B | $7.48B | $10.1B | ||
| $8.67B | $7.48B | $10.1B | ||
| $8.64B | $8.21B | $9.1B | ||
| $8.64B | $6.83B | $10.9B | ||
| $8.48B | $6.85B | $10.5B | ||
| $8.44B | $6.72B | $10.6B | ||
| $8.49B | $6.79B | $10.6B | ||
| $8.46B | $6.87B | $10.4B | ||
| $8.36B | $6.81B | $10.2B | ||
| $8.34B | $6.83B | $10.2B | ||
| $8.02B | $6.71B | $9.58B | ||
| $8.03B | $6.66B | $9.67B | ||
| $8B | $6.65B | $9.62B | $8B (press) | |
| $8B | $6.91B | $9.26B | ||
| $8B | $6.73B | $9.51B | ||
| $8B | $6.83B | $9.37B | ||
| $8B | $5.96B | $10.7B | ||
| $8B | $6.03B | $10.6B | ||
| $8B | $5.85B | $10.9B | ||
| $8B | $6B | $10.7B | ||
| $8B | $5.99B | $10.7B | ||
| $8B | $5.89B | $10.9B | ||
| $8B | $5.7B | $11.2B | ||
| $8B | $6B | $10.7B | ||
| $8B | $6.07B | $10.6B |
Flexport funding rounds
| Date | Round | Raised | Post-money valuation | Lead investors |
|---|---|---|---|---|
| Secondary | Undisclosed | Undisclosed | Undisclosed | |
| Convertible note | $260M | Undisclosed | Shopify | |
| Venture round | Undisclosed | Undisclosed | Undisclosed | |
| Secondary | Undisclosed | Undisclosed | Undisclosed | |
| Venture round | Undisclosed | Undisclosed | Undisclosed | |
| Debt financing | $200M | Undisclosed | Kohlberg Kravis Roberts & Co. | |
| Series E | $935M | $8B | MSD Partners, Andreessen Horowitz | |
| Secondary | Undisclosed | Undisclosed | Undisclosed | |
| Secondary | Undisclosed | Undisclosed | Undisclosed | |
| Secondary | Undisclosed | Undisclosed | Undisclosed | |
| Series D | $1B | $3.2B | SoftBank Vision Fund | |
| Convertible note | Undisclosed | Undisclosed | Undisclosed | |
| Secondary | Undisclosed | Undisclosed | Undisclosed | |
| Venture round | $100M | $1B | S.F. Express | |
| Series C | $110M | $910M | DST Global | |
| Series B | $65M | $300M | Founders Fund | |
| Series A | $22.1M | Undisclosed | Founders Fund | |
| Convertible note | Undisclosed | Undisclosed | Undisclosed | |
| Series A | $6.9M | Undisclosed | Founders Fund | |
| Seed | Undisclosed | Undisclosed | Undisclosed |
Flexport competitors
The global freight market is split between asset-heavy legacy carriers and digital-native supply chain platforms.
| Company | Revenue | Valuation |
|---|---|---|
| $730M–$1.93B | $9.47B–$11.7B | |
| $58.8B–$89.3B | $43.3B–$155B | |
| $40.5B–$53.4B | $14.8B–$52.7B | |
| $19.6B–$30.6B | $21.4B–$91.9B | |
| $17.3B–$27.6B | $13.8B–$52.1B |
Flexport revenue and valuation FAQ
What is Flexport's revenue?
Specter estimates Flexport's annual revenue at $730M to $1.93B as of October 2026. Flexport last reported $3.3B revenue in December 2021.
What is Flexport's valuation?
Flexport's latest post-money valuation is $8B, from a February 2022 Series E. Specter's live estimate is $9.47B to $11.7B.
What is Flexport's revenue multiple?
Flexport is valued at about 2.4× revenue, based on its $8B February 2022 valuation and $3.3B last reported revenue.
How much funding has Flexport raised?
$2.7B across 20 rounds, from a Seed in February 2014 to a Secondary in April 2026.
Who invested in Flexport?
102 investors, including Andreessen Horowitz, Kohlberg Kravis Roberts & Co., MSD Partners, S.F. Express, Shopify and SoftBank Vision Fund.
Who are Flexport's competitors?
A.P. Moller, DSV, Kuehne+Nagel and C.H. Robinson. Specter ranks 30 competitors for Flexport.