---
title: "Flexport revenue and valuation"
description: "Flexport's revenue is estimated at $730M–$1.93B, last reported at $3.3B. Valued at $8B after raising $2.7B. Funding rounds and competitors."
url: https://www.tryspecter.com/revenue-valuation/flexport.md
canonical_url: https://www.tryspecter.com/revenue-valuation/flexport
publisher: Specter
last_updated: 2026-11-01
---

# 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.

Flexport provides freight forwarding, customs brokerage, and supply chain software.

- Estimated revenue: $730M to $1.93B (October 2026)
- Estimated valuation: $9.47B to $11.7B (October 2026)
- Last reported revenue: $3.3B (December 2021)
- Total funding: $2.7B
- Founded: 2013
- Headquarters: San Francisco, United States
- Employees: 2,980
- Sector: Logistics
- Specter Rank: #420,736

## Flexport revenue

Flexport last reported $3.3B revenue in December 2021. Specter's model puts current revenue between $730M and $1.93B.

| Reported figure | Date | Source |
| --- | --- | --- |
| $3.3B revenue | December 2021 | [MISTER FIX-IT](https://www.forbes.at/artikel/mister-fix-it) (forbes.at) |

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $1.33B | $730M | $1.93B |
| September 2026 | $1.33B | $750M | $1.91B |
| August 2026 | $1.24B | $730M | $1.75B |
| July 2026 | $1.26B | $760M | $1.76B |
| June 2026 | $1.26B | $760M | $1.76B |
| May 2026 | $1.25B | $750M | $1.75B |
| April 2026 | $1.22B | $720M | $1.73B |
| March 2026 | $1.28B | $750M | $1.81B |
| February 2026 | $1.2B | $700M | $1.71B |
| January 2026 | $1.17B | $660M | $1.67B |
| December 2025 | $1.18B | $680M | $1.68B |
| November 2025 | $1.17B | $670M | $1.67B |
| October 2025 | $1.18B | $680M | $1.68B |
| September 2025 | $1.18B | $680M | $1.68B |
| August 2025 | $1.19B | $680M | $1.7B |
| July 2025 | $1.17B | $630M | $1.71B |
| June 2025 | $1.25B | $790M | $1.71B |
| May 2025 | $1.29B | $820M | $1.77B |
| April 2025 | $1.26B | $790M | $1.73B |
| March 2025 | $1.28B | $780M | $1.79B |
| February 2025 | $1.31B | $780M | $1.85B |
| January 2025 | $1.27B | $760M | $1.77B |
| December 2024 | $1.34B | $780M | $1.89B |
| November 2024 | $1.35B | $780M | $1.93B |
| October 2024 | $1.35B | $780M | $1.93B |
| September 2024 | $1.34B | $780M | $1.9B |
| August 2024 | $1.38B | $800M | $1.95B |
| July 2024 | $1.38B | $800M | $1.96B |
| June 2024 | $1.37B | $790M | $1.96B |

## 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.

| Month | Specter estimate | Low | High |
| --- | --- | --- | --- |
| October 2026 | $10.5B | $9.47B | $11.7B |
| September 2026 | $10B | $8.18B | $12.2B |
| August 2026 | $9.29B | $7.79B | $11.1B |
| July 2026 | $8.7B | $7.47B | $10.1B |
| June 2026 | $8.68B | $7.48B | $10.1B |
| May 2026 | $8.67B | $7.48B | $10.1B |
| April 2026 | $8.64B | $8.21B | $9.1B |
| March 2026 | $8.64B | $6.83B | $10.9B |
| February 2026 | $8.48B | $6.85B | $10.5B |
| January 2026 | $8.44B | $6.72B | $10.6B |
| December 2025 | $8.49B | $6.79B | $10.6B |
| November 2025 | $8.46B | $6.87B | $10.4B |
| October 2025 | $8.36B | $6.81B | $10.2B |
| September 2025 | $8.34B | $6.83B | $10.2B |
| August 2025 | $8.02B | $6.71B | $9.58B |
| July 2025 | $8.03B | $6.66B | $9.67B |
| June 2025 | $8B | $6.65B | $9.62B |
| May 2025 | $8B | $6.91B | $9.26B |
| April 2025 | $8B | $6.73B | $9.51B |
| March 2025 | $8B | $6.83B | $9.37B |
| February 2025 | $8B | $5.96B | $10.7B |
| January 2025 | $8B | $6.03B | $10.6B |
| December 2024 | $8B | $5.85B | $10.9B |
| November 2024 | $8B | $6B | $10.7B |
| October 2024 | $8B | $5.99B | $10.7B |
| September 2024 | $8B | $5.89B | $10.9B |
| August 2024 | $8B | $5.7B | $11.2B |
| July 2024 | $8B | $6B | $10.7B |
| June 2024 | $8B | $6.07B | $10.6B |

| Reported valuation | Month | Source |
| --- | --- | --- |
| $8B | June 2025 | [techcrunch.com](https://www.techcrunch.com/2025/06/19/flexports-ryan-petersen-on-building-through-chaos-at-techcrunch-disrupt-2025/) |
| $8B | February 2022 | Funding round |
| $8B | January 2022 | [forbes.at](https://www.forbes.at/artikel/mister-fix-it) |
| $3.2B | February 2019 | Funding round |
| $1B | January 2018 | Funding round |
| $910M | September 2017 | Funding round |
| $300M | September 2016 | Funding round |

## Flexport funding rounds

| Date | Round | Raised | Post-money | Lead investors |
| --- | --- | --- | --- | --- |
| 1 Apr 2026 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 19 Jan 2024 | Convertible note | $260M | Undisclosed | Shopify |
| 30 Aug 2023 | Venture round | Undisclosed | Undisclosed | Undisclosed |
| 1 Jul 2023 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 20 Oct 2022 | Venture round | Undisclosed | Undisclosed | Undisclosed |
| 20 Oct 2022 | Debt financing | $200M | Undisclosed | Kohlberg Kravis Roberts & Co. |
| 7 Feb 2022 | Series E | $935M | $8B | MSD Partners, Andreessen Horowitz |
| 10 Nov 2021 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 1 Jan 2021 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 15 Dec 2019 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 21 Feb 2019 | Series D | $1B | $3.2B | SoftBank Vision Fund |
| 1 Jun 2018 | Convertible note | Undisclosed | Undisclosed | Undisclosed |
| 1 May 2018 | Secondary | Undisclosed | Undisclosed | Undisclosed |
| 1 Jan 2018 | Venture round | $100M | $1B | S.F. Express |
| 21 Sep 2017 | Series C | $110M | $910M | DST Global |
| 26 Sep 2016 | Series B | $65M | $300M | Founders Fund |
| 6 Aug 2015 | Series A | $22.1M | Undisclosed | Founders Fund |
| 6 Jun 2014 | Convertible note | Undisclosed | Undisclosed | Undisclosed |
| 1 Apr 2014 | Series A | $6.9M | Undisclosed | Founders Fund |
| 28 Feb 2014 | Seed | Undisclosed | Undisclosed | Undisclosed |

## Flexport vs competitors

The global freight market is split between asset-heavy legacy carriers and digital-native supply chain platforms.

| Company | Estimated revenue | Estimated valuation |
| --- | --- | --- |
| Flexport | $730M–$1.93B | $9.47B–$11.7B |
| A.P. Moller (maersk.com) | $58.8B–$89.3B | $43.3B–$155B |
| DSV (dsv.com) | $40.5B–$53.4B | $14.8B–$52.7B |
| Kuehne+Nagel (kuehne-nagel.com) | $19.6B–$30.6B | $21.4B–$91.9B |
| C.H. Robinson (chrobinson.com) | $17.3B–$27.6B | $13.8B–$52.1B |

## Questions

### 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.

## About this data

Specter models revenue and valuation monthly and anchors each estimate to reported figures and priced rounds. Method: https://www.tryspecter.com/revenue-valuation

Cite as: Specter. "Flexport revenue and valuation." tryspecter.com/revenue-valuation/flexport. Updated November 2026.