Flexport
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Trends
Garry Tan and Alexis Ohanian on how to survive these crazy days (and what to learn from them)
Garry Tan and Alexis Ohanian founded Initialized Capital roughly nine years ago and they’ve closed four funds since, including most…
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STARTUPS
Layoffs hit another Softbank co as $3.2B Flexport cuts 50
Fearing weak fundraising options in the wake of the WeWork implosion, late stage startups are tightening their belts. The latest…
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Trends
The House Fund closes its second fund with $44 million to pour into UC Berkeley grads, alums and faculty
In 2016, we profiled a then-24-year-old named Jeremy Fiance who had managed to pool together $6 million for a fund…
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Trends
Y Combinator-backed Trella brings transparency to Egypt’s trucking and shipping industry
Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors.…
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Nowports raises $5.3 million to become Latin America’s digital shipping answer to Flexport
Nowports, a developer of software and services to track freight shipments from ports to destinations across Latin America, has aims…
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Trends
Fuel Capital, co-led by TaskRabbit founder Leah Busque, just closed a $75 million fund
Roughly two years ago, as the gig-economy company TaskRabbit was nearing its eventual sale to Ikea, its founder, Leah Busque,…
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Trends
Investors are pouring money into Latin America’s logistics and shipping businesses
New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian…
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STARTUPS
Deliverr raises $7M to help e-commerce businesses compete with Amazon Prime
When Amazon rolled out its membership-based two-day shipping service in 2005, e-commerce and customer expectations around fulfillment speed changed forever.…
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