Flexport

Flexport is a digital freight forwarder and supply chain platform founded in 2013 by Ryan Petersen. The company aims to streamline global logistics through a cloud-based software solution that connects shippers, carriers, and all parties involved in the supply chain. Flexport addresses inefficiencies in logistics, which often rely on outdated manual processes. The core offering of Flexport is a single cloud-based dashboard that provides end-to-end visibility and control over global shipments. This includes freight forwarding and booking, real-time tracking and analytics, customs brokerage, and fulfillment services. The platform also offers additional services such as cargo insurance and trade financing. Flexport's unique approach combines software automation with human expertise, enhancing the efficiency of global trade operations. Flexport serves over 10,000 customers across 112 countries, including major enterprises and early blue-chip clients like Saudi Aramco. The company has rapidly grown to become a significant player in the logistics industry, moving nearly $19 billion in merchandise in 2021 and achieving a revenue peak of $5 billion in 2022.