Flexport Fund is the venture capital arm of Flexport, a San Francisco-based logistics and supply chain platform. Run by Flexport insiders including CEO Ryan Petersen and co-founder Ben Braverman, the fund invests in early-stage startups, particularly in logistics and related sectors. Flexport itself provides software-driven freight forwarding, order management, and complementary services like insurance and financing. Between May 2021 and May 2022, Flexport Fund invested $46.3 million across three funding rounds in Africa-focused logistics startups. It participated in two Seed rounds in Nigeria (Topship and Sendbox) and one Series A round in Egypt (Trella), demonstrating a clear emphasis on Seed and Series A stages within the Logistics & Supply Chain sector. The fund has co-invested alongside prominent players such as Y Combinator, Soma Capital, and FJ Labs, supporting innovative shipping, delivery, and freight management solutions.
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