NewsFlexport now worth $8bn as it raises more cash and eyes tech M&A

February 7, 2022by 0

Flexport, the divisive, digitally enabled freight forwarder, will no doubt attract more market attention following its latest valuation: more than $8bn, after it received another $935m in funding.
The money was raised via a Series E round, led by Andreessen Horowitz and MSD Partners, with a strategic investment from Shopify, as well as participation from existing partners.
Flexport said it would spend the cash on accelerating the development of its technology, and expanding …

The post Flexport now worth $8bn as it raises more cash and eyes tech M&A appeared first on The Loadstar.

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