GeekWire: Seattle Startup Flexe Raies $70M As E-Commerce Rise Fuels Demand For Flexible Warehousing Platform

Flexe is raising more capital ahead of schedule as the pandemic-driven e-commerce boom spurs faster-than-expected growth for its warehousing technology platform.

The Seattle startup announced a $70 million Series C round led by new investor T. Rowe Price, with participation from existing backers Activate Capital, Tiger Global, Madrona Venture Group, Redpoint Ventures, Prologis Ventures, and others. Total funding to date in the 7-year-old company is $134 million.

View full article in GeekWire.

RELATED POSTS
Image of Seattle needle building

Geek Wire: Seattle fintech startup Possible Finance lands $20M to launch ‘safest credit card ever’

May 13, 2022
Possible Finance, a Seattle startup that offers loans, just raised an additional $20 million and plans to launch a new credit card. Read the full article here.

Built in Seattle: AccelByte Raises $60M to Grow Product and Engineering Teams

May 12, 2022
Seattle is known for being a game development hub. The city has been been the birthplace of popular games such as the original Halo and the wildly popular Pokemon Go....

Be a community partner in the 4th industrial revolution.

Learn More

US Tech Future is a Verizon-led community-focused initiative working to engage the local community in a discussion about technology and how it can improve the lives of local residents for their benefit and the benefit of the community as a whole.

Our mission is to engage with citizens and community stakeholders in USA to provide information on how technology can work to have a dramatic impact on the way we work and live in our communities.