Flexport

The five biggest rounds in tech in 2019 and what they mean

Funding for tech startups has been on an inevitable upswing for years, a result of a virtuous circle where wildly successful tech companies on the public markets whet the appetites of investors and in

Placement is the much-needed talent agent for jobseekers

“We’re giving away money to strangers on the internet” is a pretty cavalier pitch for a new startup. But the more I learned about Placement, the smarter it sounded. In exchange for 1

The House Fund closes its second fund with $44 million to pour into UC Berkeley grads, alums and faculty

In 2016, we profiled a then-24-year-old named Jeremy Fiance who had managed to pool together $6 million for a fund focused on his alma mater, UC Berkeley, where as a student he’d brought to camp

Convoy raises $400 million to expand its on-demand trucking platform

Convoy, the digital freight network that connects truckers with shippers, has raised $400 million in a Series D funding round as it aims to scale its business amid an increasingly competitive market.

African logistics startup Lori Systems raises Series A led by Chinese investors

African on-demand trucking logistics company Lori Systems has raised a Series A round led by Chinese investors Hillhouse Capital and Crystal Stream Capital. Other participating investors included Nige

Looking to become the central hub for logistics management, Shipwell raises $35 million

Shipwell, the software platform for managing trucking logistics, has raised $35 million and is expanding its suite of services to become a full-service hub for logistics management.  The new round le

Why Flexport built a slick Slack SaaS for shipping

“Make their metrics your metrics” is one of Flexport CEO Ryan Petersen’s mantras. Sometimes that means building free software for your clients. It can be frustrating aligning your fa

Y Combinator-backed Trella brings transparency to Egypt’s trucking and shipping industry

Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors. And arguably no clutch of companies has benefited more from Y Combinator’

Susa Ventures, a young VC firm with some high-flying bets, just closed on $140 million in new capital

Susa Ventures, a six-year-old, San Francisco-based, seed-stage venture firm, has closed on two new funds, a $90 million early-stage fund — its third flagship fund — along with its first op

Nowports raises $5.3 million to become Latin America’s digital shipping answer to Flexport

Nowports, a developer of software and services to track freight shipments from ports to destinations across Latin America, has aims to become the regional answer to Flexport’s billion-dollar dig

Fuel Capital, co-led by TaskRabbit founder Leah Busque, just closed a $75 million fund

Roughly two years ago, as the gig-economy company TaskRabbit was nearing its eventual sale to Ikea, its founder, Leah Busque, headed into the venture world. More specifically, she joined Fuel Capital,

This startup just raised more than $10 million for its additive manufacturing software, with the help of Autodesk’s former CEO

Most of us don’t know what a geometric modeling kernel or solid modeling kernel is, but every CAD or design application uses one to create shapes. It’s the underlying infrastructure that a

Amazon Prime’s dominance is spurring new startup opportunities

Amazon has made two-day shipping the new industry standard -- a standard most competitors can’t meet. Fortunately, some exciting new logistics startups are emerging to help them compete with Amazon.

Scalyr launches PowerQueries for advanced log management

Log management service Scalyr today announced the beta launch of PowerQueries, its new tools for letting its users create advanced search operations as they manage their log files and troubleshoot pot

Startups Weekly: Uber’s headline-grabbing week and sextech at SXSW

In this week's newsletter: The college admissions scandal engulfs TPG, Accel raises $2.5B for three funds and investing app Stash brings in $65M.

137 Ventures raises $210M to give liquidity to startup employees

This is the Palantir, Airbnb and Flexport backer's fourth growth-stage venture capital fund.

Startups Weekly: Flexport, Clutter and SoftBank’s blood money

Plus, Pinterest is going public too, Lyft's IPO is imminent and London is home to the largest pre-seed fund ever.

Logistics startup Flexport just raised a SoftBank-led round at a whopping $3.2 billion valuation

Flexport, a 5.5-year-old, San Francisco-based full-service air and ocean freight forwarder, says it has raised $1 billion in fresh funding led by the SoftBank Vision Fund. Earlier backers of the compa

Investors are pouring money into Latin America’s logistics and shipping businesses

New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian provider of trucking services, and Nowports, a Mexican freigh

Sequoia-backed NEXT gets $97M as investment in logistics heats up

NEXT plans to use the investment to fill 150 positions in 2019, as well as complete the launch Relay, a new service targeting the "systemic congestion" at shipping ports.
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