Flexport sits between importers and the carriers that physically move goods. If a brand needs to move a container from a factory in Vietnam to a warehouse in Ohio, Flexport books ocean capacity, files the customs entry, arranges drayage and trucking and can store and ship the goods to consumers, with each step tracked in its software. Founded in 2013 and backed by investors including Founders Fund, Andreessen Horowitz, SoftBank Vision Fund and Shopify, it is one of the largest venture-backed logistics companies in the world. The company is headquartered in San Francisco, California.
Flexport is asset-light: it does not own ships or planes. As a freight forwarder and NVOCC it buys capacity from ocean carriers, airlines and truckers and resells it to shippers at a margin. It also earns customs brokerage and trade-advisory fees, warehousing and fulfillment fees from the former Shopify Logistics/Deliverr network, and smaller income from cargo insurance and trade finance. Its software (shipment visibility, tariff simulator, refund calculator, AI-assisted documentation) is mostly used to win and retain freight and customs customers rather than sold as stand-alone SaaS.