When was Flexe founded?

Flexe was founded in 2013 and became a unicorn in 2022.

Where is Flexe located?

Flexe is headquartered in Seattle, United States. It is registered at Seattle, Washington.

How many employees does Flexe have?

As of Mar 31, 2026, the latest employee count at Flexe is 165.

Is Flexe a funded company?

Flexe is a funded company, having raised a total of $330M across 7 funding rounds to date. The company's 1st funding round was a $1.9M Seed round.

How much is Flexe worth?

The latest valuation of Flexe is $1B as of Jul 06, 2022.

When was the latest funding round of Flexe?

Flexe's latest funding was a $119M Series D round on Jul 06, 2022, with participation from 7 investors.

Is Flexe a Logistics Tech company?

The primary sector of Flexe is Logistics Tech.

Where does Flexe rank among its competitors?

Flexe ranks 4th amongst 348 active competitors, of which 66 are funded. It stands 3rd in terms of total funding among its competitors.

Who are the top competitors of Flexe?

Flexe's top competitors include Shippo, ShipBob and BILT. Among them, Flexe secured the most recent funding round in July, 2022.

Flexe - 2026 Company Profile, Team, Funding & Competitors

Flexe is a series D company based in Seattle (United States), founded in 2013 by Francis Duong, Karl Siebrecht and Edmond Yue. It operates as an E-commerce delivery management platform for businesses. Flexe has raised $330M in funding from investors like Redpoint Ventures, SV Angel and BlackRock, with a current valuation of $1B. The company has 348 active competitors, including 66 funded and 51 that have exited. Its top competitors include companies like Shippo, ShipBob and BILT.

Sectors and market segments that Flexe operate in

Flexe serves in the Transportation and Logistics Tech market segments.The primary business model of Flexe is:

Transportation and Logistics Tech > Logistics Tech > ***** **** > ***** ******

Company Details

E-commerce delivery management platform for businesses. It provides solutions for eCommerce distribution, fulfillment, and same day delivery. It offers omnichannel logistics programs to help companies increase sales, reduce transportation costs, and improve customer satisfaction. It allows companies to manage supply chain challenges and shifting consumer demands.

Website: flexe.com
Social
Email ID: *****@flexe.com
Phone Number: +1 **********
Registered Address: Seattle, Washington

Key Metrics

Founded Year

2013

Location

Seattle, United States

Stage

Series D

Total Funding

$330M in 7 rounds

Latest Funding Round

Series D, Jul 06, 2022, $119M

Post Money Valuation

$1B as on Jul 06, 2022

Investors

Redpoint Ventures & 15 more

Ranked

4^th among 348 active competitors

Employee Count

165 as on Mar 31, 2026

Similar Companies

Shiprocket & 1125 more

View Flexe's full profile

Flexe is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Flexe, Inc. CIN: 463367300 , United States, Active	Dec 31, 2012	-	167 (As on Dec 31, 2024)	-

Flexe has raised a total funding of $330M over 7 rounds. Its latest funding round was a Series D round on Jul 06, 2022 for $119M. 7 investors participated in its latest round. Flexe has 14 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Flexe:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 06, 2022	$119M	Series D	$1B	-	BlackRock, Madrona	Prologis, Redpoint Ventures, T. Rowe Price, Tiger Global Management, Activate Capital
Apr 21, 2022	$67.9M	Series C	-	-	-	-
Dec 01, 2020	$80M	Series C	$1B	-	T. Rowe Price	Prologis, Redpoint Ventures, Madrona, Tiger Global Management, Activate Capital

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View details of Flexe's funding rounds and investors

The founders of Flexe are Francis Duong, Karl Siebrecht and Edmond Yue. Karl Siebrecht is the CEO of Flexe.

Here are the details of Flexe's key team members:

Francis Duong: Co-Founder & CTO of Flexe and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
Karl Siebrecht: Co-Founder & CEO of Flexe. They serve on the board of 1 company.
Contact Info: 1 email address
Edmond Yue: Co-Founder of Flexe. They serve on the board of 1 company.
Contact Info: 1 email address

Flexe's Board of Directors

Flexe's board has 11 active members. Mike Galgon, Francis Duong, Raj Atluru, Karl Siebrecht, Edmond Yue, Ryan Sarver, ROBERT SPEITH, Mike Karl Galgon, HASSAN NATHA, MICHAEL GALGON and DIANNE RANDOLPH are independent board members.

Here is the list of Flexe's board of directors:

Name	Type	Representing	Status	Duration
Mike Galgon	Independent board member	-	Current	9y 9m
Francis Duong	Independent board member	-	Current	9y 9m
Raj Atluru	Independent board member	-	Current	6y 3m
Karl Siebrecht	Independent board member	-	Current	9y 9m
Edmond Yue	Independent board member	-	Current	9y 9m
Ryan Sarver	Independent board member	-	Current	9y 1m
ROBERT SPEITH	Independent board member	-	Current	3y 4m
Mike Karl Galgon	Independent board member	-	Current	4y 9m
HASSAN NATHA	Independent board member	-	Current	3y 4m
MICHAEL GALGON	Independent board member	-	Current	3y 4m
DIANNE RANDOLPH	Independent board member	-	Current	3y 4m

View details of Flexe's Founder profiles and Board Members

Flexe's employee count trend

Flexe has 165 employees as of Mar 26. Here is Flexe's employee count trend over the years:

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Top competitors of Flexe include Shippo, ShipBob and BILT. Here is the list of Top 10 competitors of Flexe, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shippo 2013, San Francisco (United States), Series E	Provider of web-based shipping solution for e-commerce businesses	$154M	Bessemer Venture Partners, Union Square Ventures ... & 23 others	74/100
2nd	ShipBob 2014, Chicago (United States), Series E	Provider of e-commerce fulfillment solutions for direct-to-consumer brands	$333M	Bain Capital Ventures, Menlo Ventures & 28 others	72/100
3rd	BILT 2014, Grapevine (United States), Series B	Developer of an app providing 3D assembly instructions for consumer goods	$32.1M	Silverton Partners, SVB & 5 others	69/100
4th	Flexe 2013, Seattle (United States), Series D	E-commerce delivery management platform for businesses	$330M	T. Rowe Price, BlackRock & 14 others	64/100
5th	Locus 2015, Milpitas (United States), Series C	Provider of AI-driven logistics platform optimizing delivery and fulfillment operations	$82.5M	GIC, Tiger Global Management & 30 others	68/100
6th	EasyPost 2012, San Francisco (United States), Acquired	SaaS-based shipping and e-commerce solutions for e-commerce businesses	$3.85M	Capricorn Partners, Sherpalo Ventures & 31 others	68/100
7th	Saltbox 2019, Atlanta (United States), Series B	Cloud-based ecommerce fulfillment solutions for logistics	$56M	Cox Enterprises, Playground Global & 19 others	65/100
8th	NewStore 2015, Boston (United States), Series B	Provider of omnichannel platform with fulfillment and customer engagement services	$173M	Salesforce Ventures, Activant Capital & 5 others	65/100
9th	Salsify 2012, Boston (United States), Series F	Product content management and syndication platform for businesses	$453M	Venrock, TPG & 18 others	64/100
10th	Pitney Bowes 1920, Stamford (United States), Acquired	Provider of SaaS-based shipping and fulfillment solutions for e-commerce businesses	-	Saratoga Investment, Keyes Capital & 3 others	61/100