Flock Freight

Overview
News
Truck Industry Tech?
Product stageSegments
Early
?
Online freight platforms
?

Flock Freight offers “FlockDirect,” a machine learning (ML) and automation-based platform that allows less-than-truckload shippers to share trailer space in one full truckload. The company leverages proprietary probability pricing algorithms to locate such shippers along a single route, pool them into a single truckload, and allocate shipments for the best possible route. Registered carriers can negotiate rates for the shared truckloads and can book the shipment instantly via the platform. The company claims to be the only such service provider to offer carbon-neutral shipping without an extra cost to shippers. The company generated revenue of USD 300 million over the 10 months ended May 2024.

Key customers and partnerships

Flock Freight’s customers include Dirty Labs, Eneos, Vitamin Well, Gimme Seaweed, Ammex, Relly Foods, AmerCareRoyal, Orgain, Walkboard Express, Toshiba, Berlin Packaging, and Walakea Water.

The company also has a September 2023 partnership with e2open, a connected supply chain SaaS platform, to offer e2open Transportation Management (TMS) users access to FlockDirect.

HQ location:
701 S Coast Hwy 101 Encinitas CA USA
Founded year:
2015
Employees:
251-500
IPO status:
Private
Total funding:
USD 399.0 mn
Last Funding:
USD 215.0 mn (Series D; Oct 2021)
Last valuation:
USD 1.3 bn (Oct 2021)
Key competitors
Filter by the segments to which the disruptor belongs
All Segmentsexpand
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...

EDGE Insights

Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.