Flexport Capital Secures $200 Million Credit Facility From Kkr

Oct 20, 2022•about 3 years ago

Amount Raised

$200 Million

San FranciscoData And AnalyticsSoftware

Description

Flexport Capital, the trade financing arm of Flexport, today announced it has secured a credit facility of up to $200 million from separate insurance accounts managed by KKR, a leading global investment firm. The credit facility will allow Flexport Capital to continue to build an industry-leading financing product within the Flexport Platform, and to further invest in client growth and geographic expansion.

Company Information

Company

Flexport

Location

760 MARKET STREET, 8TH FLOOR

San Francisco, California, United States

About

Flexport is transforming global trade by making it easier and more efficient, empowering businesses to ship anywhere, sell everywhere, and grow faster. By powering supply chains from factory floors to customer doors, Flexport enables companies of all sizes—from emerging brands to Fortune 500s—to navigate global commerce seamlessly. In 2023, Flexport technology and services facilitated the movement of nearly $33 billion worth of merchandise across 112 countries, fulfilling its mission to drive humanity forward through simplified global trade.

Related People

2 contacts

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Flexport Capital Secures $200 Million Credit Facility From Kkr

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Related People

Funding Insights

Company Information