From TechCrunch
By Rebecca Bellan
November 2, 2023
Supply chain logistics platform Flexport is acquiring the assets of shuttered digital freight network Convoy, according to a memo Flexport CEO Ryan Petersen sent to staff Wednesday. Flexport will restore Convoy’s trucking logistics services for customers in the coming weeks, according to the memo, shared by Freight Waves. Petersen said Flexport won’t acquire the business […]
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Portex founder Brittany Ennix learned the importance of supply chains from Uber and Flexport
Brittany Ennix first became interested in supply chains as a child. Her grandfather worked for the Ford glass manufacturing plant, where she says he gave her an appreciation for the complexity of building something. When Ennix moved to Silicon Valley and worked for Uber and later Flexport, her fascination for the industry grew, until she had an idea for how make the supply chains more efficient for small and mid-sized businesses. “Most of us don’t think about supply chains on a day-to-day bas
Sep 5, 2024
Flexport’s Ryan Petersen joins venture firm Founders Fund as a partner
Flexport founder Ryan Petersen has joined venture capital firm Founders Fund as a partner, as reported by Forbes earlier today. Founders Fund confirmed the move to TechCrunch, providing the following statement from General Partner Trae Stephens: “We’ve always struggled to define the quintessential Founders Fund founder. Clearly, it’s Ryan. We’re thrilled to welcome him to […]
Jul 10, 2023
Everstream, which applies big data to supply chain management, raises $50M
Just short of a year after raising $24 million from backers including DHL, Everstream Analytics, a company that provides predictive insights for physical supply chains, has secured a fresh round of funding. Everstream today announced that it raised $50 million in a Series B round led by Morgan Stanley’s 1GT Fund with participation from StepStone […]
Apr 4, 2023
Supply chain startup Interos lands new customers, cash
Each year, supply chain disruptions cost the global economy trillions of dollars. In a recent McKinsey poll, nine in ten businesses said they had encountered logistics challenges over the past 12 months. Headwinds have only grown stronger as chaos reigns in key shipping corridors. Attacks on freighters continue in the Red Sea. Flooding is disrupting automotive production in Europe. And trade tensions are choking the movement of manufacturing equipment to Southeast Asia. Unsurprisingly, supply
Oct 24, 2024