Flexe Stock
Industrial and TransportationFlexe, a developer of an omnichannel logistics platform, is designed to establish an open logistics network that streamlines the global delivery of products. The platform by Flexe addresses issues of inventory overflow and fulfillment needs by linking businesses and brands in need of warehousing and fulfillment solutions with warehouse operators who offer these services. This allows companies to bolster their distribution network by accessing cost-effective spaces and enables warehouse providers to optimize their revenue potential without any complications.
Greg Arrese, Schematic Ventures, Atacama Ventures, T. Rowe Price, Activate Capital Partners, Tikhon Bernstam, Ride Ventures, BlackRock Private Equity Partners, Alumni Ventures, Second Avenue Partners, Acequia Capital, 137 Ventures, Charles Songhurst, Brian Schultz, Fritz Lanman, SV Angel, Prologis Ventures, Madrona Venture Group, The Gramercy Fund, Hank Vigil.
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Flexe in the News
The company, which helps retailers source warehousing, transportation and other logistics services, also laid off 131 workers in September.
The reduction follows a previous wave of layoffs in November.
Seattle-based logistics startup Flexe raised a $119 million Series D at a $1 billion-plus post-money valuation, as the world continues to grapple with supply chain disruptions.