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Venture Capital

Flexe Secures $43M In Series B As The Dominant Player In The On-demand Warehousing Category

by vcaonline.com posted 2months ago 14 views
SEATTLE, May 7, 2019-- Today, the leader in on-demand warehousing and fulfillment, FLEXE, announced $43 million in Series B funding. Activate Capital and Tiger Global Management led the round, which also included Madrona Venture Group and follow-on investments from current investors Redpoint Ventures, Prologis Ventures, and others. With the new investment, FLEXE will accelerate the development of its technology platform, more than double the size of its team, and continue to build the on-demand warehousing category it created. In conjunction, Raj Atluru, Managing Director at Activate Capital, joins the FLEXE Board.

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