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.

Who is the current CEO of Flexe?

Karl Siebrecht of Flexe. They have also founded 1 company.

How many employees does Flexe have?

As of Aug 31, 2026, the latest employee count at Flexe is 161.

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 Dec 31, 2025.

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 21st amongst 1070 active competitors, of which 199 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Stord, which secured $250M in May, 2026.

Who are the top competitors of Flexe?

Flexe's top competitors include Shiprocket, Pickrr Services and Shippo. Among them, Stord secured the most recent funding round in May, 2026.

Flexe - 2026 Company Profile, Team, Funding & Competitors

Flexe is a series D company based in Seattle (United States), founded in 2013 by Francis Duong and Karl Siebrecht. 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 1070 active competitors, including 199 funded and 106 that have exited. Its top competitors include companies like Shiprocket, Pickrr Services and Shippo.

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 Dec 31, 2025

Investors

Redpoint Ventures & 17 more

Ranked

21^st among 1070 active competitors

Employee Count

161 as on Aug 31, 2026

Similar Companies

Shiprocket & 1167 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 16 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	-	-	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 and Karl Siebrecht. 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

Flexe's Board of Directors

Flexe's board has 11 active members. Mike Galgon, Francis Duong, Karl Siebrecht, Ryan Sarver, Raj Atluru, HASSAN NATHA, DIANNE RANDOLPH, Edmond Yue, MICHAEL GALGON, Mike Karl Galgon and ROBERT SPEITH 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	10y 9m
Francis Duong	Independent board member	-	Current	10y 9m
Karl Siebrecht	Independent board member	-	Current	10y 9m
Ryan Sarver	Independent board member	-	Current	10y 1m
Raj Atluru	Independent board member	-	Current	7y 4m
HASSAN NATHA	Independent board member	-	Current	4y 4m
DIANNE RANDOLPH	Independent board member	-	Current	4y 4m
Edmond Yue	Independent board member	-	Current	10y 9m
MICHAEL GALGON	Independent board member	-	Current	4y 4m
Mike Karl Galgon	Independent board member	-	Current	5y 9m
ROBERT SPEITH	Independent board member	-	Current	4y 4m

View details of Flexe's Founder profiles and Board Members

Flexe's employee count trend

Flexe has 161 employees as of Aug 26. Here is Flexe's employee count trend over the years:

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Top competitors of Flexe include Shiprocket, Pickrr Services and Shippo. 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	Shiprocket 2012, Delhi (India), Public	Provider of e-commerce shipping, fulfillment, marketing, and financial services	$322M	Temasek, Bertelsmann India Investments & 63 others	87/100
2nd	Pickrr Services 2015, Gurugram (India), Acquired	Provider of AI-based logistics management solutions	$16.4M	Ananta Capital, India Infoline & 23 others	78/100
3rd	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 ... & 26 others	72/100
4th	Locus 2015, Milpitas (United States), Acquired	Provider of an AI-powered platform for optimizing logistics and delivery	$82.5M	GIC, Alpha Wave Global & 33 others	72/100
5th	Stord 2015, Atlanta (United States), Series F	Provider of cloud-based end-to-end logistics and supply chain management solutions	$777M	Kleiner Perkins, Bond Capital & 38 others	71/100
6th	Prozo 2014, Gurugram (India), Series A	Provider of supply chain warehousing, logistics, and order management software	$20.2M	Sixth Sense Ventures, Earlsfield Capital ... & 31 others	70/100
7th	Ecom Express 2012, Gurugram (India), Acquired	Provider of end-to-end delivery services for e-commerce companies	$324M	Warburg Pincus, Partners Group & 51 others	70/100
8th	ShipBob 2014, Chicago (United States), Series E	Provider of e-commerce fulfillment solutions for direct-to-consumer brands	$333M	Bain Capital Ventures, SoftBank Vision Fund ... & 30 others	70/100
9th	Veeqo 2012, Swansea (United Kingdom), Acquired	Provider of multichannel ecommerce shipping software with order and inventory management	$11.5M	Octopus Investments, Messebauer & 7 others	69/100
10th	Pitney Bowes 1920, Stamford (United States), Acquired	Provider of SaaS-based shipping and fulfillment solutions for e-commerce businesses	-	Saratoga Investment, PHI Industrial & 3 others	69/100
21st	Flexe 2013, Seattle (United States), Series D	E-commerce delivery management platform for businesses	$330M	T. Rowe Price, Redpoint Ventures & 16 others	65/100