The San Francisco-based company said it plans to use the capital from the SoftBank-led round to expand its footprint globally while deepening its technology and data capabilities. Founded in 2013, Flexport provides logistics services to 10,000 clients and suppliers across more than 200 countries via advanced technology and physical infrastructure. The company covers air and ocean freight, trucking, cargo insurance and customs brokerage.
Flexport joins an extensive Bay Area investment portfolio for the Japanese investment giant that includes the likes of Uber, WeWork, Opendoor, Doordash, Zume, Getaround, Katerra and more.
Read More.. Source Bizjournals