Flock Freight Overview
- Year Founded
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2015
- Status
-
Private
- Employees
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363
- Latest Deal Type
-
Series E
- Latest Deal Amount
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$60M
- Investors
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24
Flock Freight General Information
Description
Developer of a freight technology designed to provide freight and shipping services. The company's technology bundles less-than-truckload (LTL) freight into full truckloads to achieve significant optimization and economic savings, gives shippers top-tier shared truckload services, and helps carriers maximize revenue with multi-stop loads, enabling shippers to find the low-priced option to move their freight.
Contact Information
Website
www.flockfreight.comCorporate Office
- 701 South Coast Highway 101
- Encinitas, CA 92024
- United States
Corporate Office
- 701 South Coast Highway 101
- Encinitas, CA 92024
- United States
Flock Freight Timeline
Flock Freight Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC (Series E) | 29-Apr-2025 | $60M | Completed | Generating Revenue | ||
| 8. Debt - General | 21-Oct-2024 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series D) | 19-Oct-2023 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series D) | 19-Oct-2021 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 23-Nov-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B1) | 30-Dec-2019 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 01-Jan-2017 | Completed | Startup | |||
| 2. Seed Round | 07-Jul-2016 | $3.2M | $3.25M | Completed | Startup | |
| 1. Seed Round | 07-Dec-2015 | $50K | $50K | Completed | Startup |
Flock Freight Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series C | ||||||||
| Series B3 | ||||||||
| Series B2 | ||||||||
| Series B1 | ||||||||
| Series A2 | ||||||||
| Series A1 | 6,329,641 | $0.001000 | $0.19 | $2.37 | $2.37 | $2.37 | 11.28% | |
| Seed | 3,596,423 | $0.001000 | $0.08 | $1.05 | $1.05 | $1.05 | 6.41% |
VC Exit Predictor
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Flock Freight Comparisons
Industry
Financing
Details
Flock Freight Competitors (3)
One of Flock Freight’s 3 competitors is Uber Freight, a Venture Capital-Backed company based in Chicago, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Uber Freight | Venture Capital-Backed | Chicago, IL | ||||
| Next Trucking | Formerly VC-backed | El Segundo, CA | ||||
| Paige Logistics | Corporation | Surrey, Canada |
Flock Freight Patents
Flock Freight Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11238400-B2 | Methods and systems for optimizing the pooling and shipping of freight | Active | 13-Dec-2019 | ||
| US-20210182790-A1 | Methods and systems for optimizing the pooling and shipping of freight | Inactive | 13-Dec-2019 | ||
| US-20210182791-A1 | Methods and systems for optimizing the pooling and shipping of freight | Active | 13-Dec-2019 | G06Q30/0283 |
Flock Freight Signals
Flock Freight Investors (24)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bracket Capital | Growth/Expansion | Minority | ||
| Data Analysis | Holding Company | Minority | ||
| O'Neil Capital Management | Family Office | Minority | ||
| O'Neil Strategic Capital | Family Office | Minority | ||
| Susquehanna Private Equity Investments | PE/Buyout | Minority |
Flock Freight FAQs
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When was Flock Freight founded?
Flock Freight was founded in 2015.
-
Where is Flock Freight headquartered?
Flock Freight is headquartered in Encinitas, CA.
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What is the size of Flock Freight?
Flock Freight has 363 total employees.
-
What industry is Flock Freight in?
Flock Freight’s primary industry is Business/Productivity Software.
-
Is Flock Freight a private or public company?
Flock Freight is a Private company.
-
What is Flock Freight’s current revenue?
The current revenue for Flock Freight is .
-
How much funding has Flock Freight raised over time?
Flock Freight has raised $567M.
-
Who are Flock Freight’s investors?
Bracket Capital, Data Analysis, O'Neil Capital Management, O'Neil Strategic Capital, and Susquehanna Private Equity Investments are 5 of 24 investors who have invested in Flock Freight.
-
Who are Flock Freight’s competitors?
Uber Freight, Next Trucking, and Paige Logistics are competitors of Flock Freight.
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