Flexport

Flexport has backed 6 African startups across 6 disclosed funding rounds tracked on Liners, totaling $73.6M since 2019.

Mostly Seed: 4 of its 6 tracked rounds are at that stage, followed by Series A (2).

Companies Flexport has backed operate in Nigeria (3), Egypt (2), Ghana (2), and 10 more markets. Each figure counts the rounds behind companies serving that market, so a company operating in several markets counts in each of them.

Its tracked rounds lean toward Logistics & Supply Chain (6).

Flexport most often shares rounds with Y Combinator (4 shared deals), Foundation Ventures (2 shared deals), Soma Capital (1 shared deal).

The provided portfolio includes Topship in Nigeria, Freterium in Morocco, Sendbox in Nigeria, Trella in Egypt, Flextock in Egypt, and Lori Systems in Kenya. These are all logistics and supply chain companies.

The records provided show Flexport's activity in Africa beginning in November 2019 and continuing through May 2022. Across that period, it completed six known investments in the region.