Seattle-based Flexe recently reached a $1 billion valuation with its latest $119 million Series D funding round.
Founded in 2013, Flexe provides on-demand warehousing, transportation and fulfillment services for both online and physical retailers. The asset-light provider doesn’t own or manage any of the facilities used by its customers, which include Ace Hardware, BJ’s Wholesale Club, Ralph Lauren, Staples and Walmart.
Flexe did not provide details of how it intends to use the series D funding....
https://www.freightwaves.com/news/flexe-achieves-unicorn-status-with-series-d