Flexport is a privately held global supply chain and logistics company. The Flexport platform provides workflow management, collaboration, reporting and analytics to simplify global trading for enterprises. The company’s technology supports supply chain efficiency for companies of all sizes, cut expenses, and ensure smooth delivery of goods to 112 countries.
Flexport acquired Fieldbook, Crux Systems, and assets of Convoy. Other private logistics companies include Flock Freight, Shippo, and Stord.
Flexport is actively traded in the private market. Sell interest peaked in 2022, and consistently outweighed buy demand in 2023. Currently investor demand is less than the supply of shares available by a ratio of 0:1.
Flexport is down -14.13% year to date and -62.06% in the last 12 months. In the first quarter of 2024, Flexport climbed 0.6%. This increase followed 2 consecutive quarters of decline, -39.65% in the fourth quarter of 2023 and -25.94% in the third quarter of 2023.
Last Updated June 20, 2024
Flexport is a privately held company which has raised a total of $2.2 billion across 5 funding rounds. The company has issued common stock and preferred stock Series A-E. Flexport’s most recent round was its Series E which raised an estimated $935.3 million from Andreessen and MSD Capital and Shopify January 2022.
Type | Valuation | Date | PPS | Source |
---|---|---|---|---|
409-A | $lOOB | Jan 1, lOBB | $lO.OO | Source |
409-A | $lOOB | Jan 1, lOBB | $lO.OO | Source |
409-A | $lOOB | Jan 1, lOBB | $lO.OO | Source |
409-A | $lOOB | Jan 1, lOBB | $lO.OO | Source |
Yes. Flexport is a private venture-backed company. Investors usually purchase preferred stock and employees typically receive common stock options or restricted stock units (RSUs) as part of their compensation.
Since it is not publicly listed, there is no Flexport stock symbol or Flexport ticker symbol assigned for Flexport.
Private companies typically reserve a stock symbol up to two years prior to an IPO, and disclose this when they file a Form S-1 with the Securities and Exchange Commission when they start the IPO process.
If you own shares of a private company, it may be possible to find liquidity for your holdings before the company goes public. Finding the right private market broker can make all the difference as the best brokers can leverage deep industry relationships and negotiate on your behalf.
If you are interested in selling private stock you can reach out to Premier brokers for more information.
Private market transactions can be complex and may involve company approvals, legal purchase agreements and wires to third parties. Trades can take 30 - 60 days to complete which is why many investors work with experienced private market brokers to help guide the process.
Direct share transfers typically require issuer approvals. Issuers may exercise the right of first refusal (ROFR) in order to direct the seller to a buyer of their choosing.
Some issuers do not allow transactions. In these cases, buyers will need to purchase indirect interests in the business via special purpose vehicles (SPVs) or forward purchase contracts (forwards).
Flexport stock does not trade publicly on Nasdaq or NYSE because it is still a private company. Flexport stock might be available for purchase in the secondary markets, but Flexport stock is not available for purchase by the general public, and can not be purchased through traditional brokerage accounts.
Only accredited investors and qualified purchasers can buy private stock. These investors buy pre-IPO stock in the secondary market from existing employees and investors.
To learn more about the market for Flexport stock, talk to the best brokers on the planet.
Accredited investors can purchase shares in private companies like Flexport. Investors can rely on Notice Premier Brokers to find supply and guide them through the trading process.
Because Flexport is privately held, its stock is not available for purchase through public stock exchanges like the NYSE or Nasdaq. Retail investors can not access this stock via traditional brokerage accounts, and are not allowed to invest directly in Flexport pre-IPO.
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Developing accurate pricing for the private market, and making that pricing available to everyone has always been our mission.