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Andreessen Horowitz and MSD Partners led a $935m Series E round in Flexport.

Synopsis

Andreessen Horowitz and MSD Partners led a $935m Series E round in Flexport, a freight forwarding and customs brokerage company, with participation from Shopify, DST Global, Founders Fund, Softbank Vision Fund and Kevin Kwok. "Global trade is facing historic challenges which demand innovative approaches that address both the current difficulties and more systemic issues. Flexport’s platform, business model and data-driven insights uniquely position the company to continue making a substantial impact on this multi-trillion dollar industry," David George, Andreessen Horowitz General Partner.

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