Flexport Partners with BlackRock to Provide $250 Million in Inventory Financing for Customers
Flexport, the global leader in supply chain technology, today announced that it is partnering with funds and accounts managed by BlackRock (“BlackRock”) to provide up to $250 million in supply chain financing for its customers. The financing will be managed and executed by Flexport Capital, Flexport's financial services arm, to enable its customers to access a broader range of working capital financing options, fully integrated within Flexport’s logistics ecosystem.
Flexport Launches Tariff Simulator to Help Businesses Navigate Rapidly Changing Trade Policies
Flexport, the leading global logistics technology company, today announced the launch of the Flexport Tariff Simulator, a powerful new tool designed to help businesses estimate landed costs and navigate the evolving tariff landscape with greater speed and confidence. The tool is available to the general public at tariffs.flexport.com.
Flexport Announces $935 Million in Funding to Advance Resiliency and Visibility in Global Supply Chain
Flexport, the platform for global logistics, today announced a $935 million Series E investment round led by Andreessen Horowitz and MSD Partners with a strategic investment from Shopify, as well as participation from existing partners DST Global, Founders Fund, SoftBank Vision Fund 1, and other investors including Kevin Kwok. The investment brings Flexport’s post-money valuation to over $8 billion.
