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Flexport is not publicly traded, but accredited investors can still buy its stock.
Hiive is a marketplace where accredited investors can buy shares of private companies before they go public.
Sign up with Hiive and get access to Flexport before its IPO.
There have been a lot of headlines about supply chains lately. And they haven’t been all sunshine and roses…
Unless they were about Flexport.
Global supply chains face significant challenges — but Flexport is determined to take the stress out of cross-border shipping.
Since 2013, Flexport has been “flexing” its superior software in Silicon Valley, and a lot of investors are impressed. Unsurprisingly, as the company continues to grow, more and more investors are getting curious about how to buy Flexport stock.
Here’s the tough news: since the company’s private, buying Flexport stock is more complex than signing up for a standard brokerage account. However, there are other ways to get involved with this promising company. In this article, we’ll discuss:
- How accredited investors can invest in Flexport
- How retail investors can explore other investing opportunities in the same sector.
Let’s get going:
Flexport: The Basics
Flexport is a California-based software company in the supply chain industry. It acts as a freight forwarder for global supply chain clients.
What does that mean?
Basically, a freight forwarder handles all of the logistical hassles businesses face when shipping goods worldwide. However, Flexport doesn’t own any of the freights, planes, or ships used to transport the goods.
- People who use Flexport can book spaces on shipping containers and monitor their shipment’s progress with hi-tech features like APIs and apps.
- Flexport also handles all of the pesky (but necessary!) paperwork, like customs and insurance.
A few notable brands that use Flexport? Bombas, Molekule, and Georgia-Pacific.
The company was founded by Ryan Petersen, who previously acted as CEO. In 2022, former Amazon executive Dave Clark took over Flexport’s CEO role.
Although Flexport’s financials are private, it has raised eyebrows in the investment community for freight-sized funding rounds. Recent reports suggest Flexport now has a market cap of over $8 billion and high-profile backers like Andreessen Horowitz and Michael Dell.
Can You Buy Flexport Stock? Is Flexport Publicly Traded?
Currently, there’s no way to buy Flexport stock on public markets like the Nasdaq or New York Stock Exchange.
As previously mentioned, Flexport is a private company, so you won’t see a Flexport stock symbol on your favorite brokerage platform.
Unless Flexport decides to IPO, you can’t buy or sell Flexport stock.
How to Buy Flexport as an Accredited Investor
Flexport is not publicly traded. But accredited investors can invest in private companies including Flexport through Hiive.
Hiive is a marketplace that connects shareholders of private, VC-backed companies who want to sell their pre-IPO shares to accredited investors.
With no buying fees, the ability to negotiate, and a robust marketplace with thousands of companies, Hiive is a great way to invest in companies before they IPO.
Sign up with Hiive, check out Flexport, add it to your watchlist, and get notified about any new listings and trades.
On Hiive, each listing is made by a different seller who sets their asking price and the amount of volume offered. These sellers might be employees, venture capital firms, or angel investors.
As a buyer, you can create a watchlist of companies to watch and get notified about price changes or new listings. Once you find an offer you’re interested in, you can accept the asking price as listed, place a bid, or negotiate directly with the sellers.
How to Buy Flexport as a Retail Investor
Retail investors can’t buy shares of Flexport just yet.
There’s no news on whether or when Flexport will go IPO, so retail investors have to wait for more info on when this company is ready to list on a public stock exchange.
However, there are a few sneaky ways for retail investors to fund Flexport’s operations.
Keep reading to see what stocks you can buy today to get indirect exposure to Flexport. But first, you should know a few things…
Who Owns Flexport?
Because Flexport is a private company, we don’t know the full breakdown of who owns the most shares.
However, since Ryan Petersen is the founder and former CEO of Flexport, chances are he has a significant stake in the company. Plus, Flexport’s current CEO Dave Clark and other top executives probably have a lot of Flexport stock options.
There are also a few high-profile investors, firms, and companies that led major funding rounds for Flexport, including:
- Andreessen Horowitz
- Michael Dell
- SoftBank Vision Fund
- MSD Partners
Lastly, the eCommerce platform Shopify (NYSE: SHOP) recently traded its logistics division to Flexport in exchange for about 13% of the company.
Does Shopify Own Flexport?
No, Shopify (NYSE: SHOP) doesn’t own Flexport, but it has a big stake in the company.
In 2023, the eCommerce giant made headlines when it sold its logistics platform to Flexport for a hefty $2.1 billion.
As a part of this deal, Shopify received an estimated 13% of Flexport’s shares.
How to Invest in Flexport Stock as a Retail Investor
Note: This article does not provide investment advice. The stocks listed should not be taken as recommendations. Your investments are solely your decisions.
Retail investors can’t buy Flexport stock, but there are a few indirect ways to add Flexport to your portfolio.
In addition to owning companies with a close relationship to Flexport, you could research competing brands in the supply chain niche.
Consider a few of the following suggestions if you’re looking for a way to put funds into an “alt Flexport” stock.
Now that Shopify (NYSE: SHOP) owns a significant share of Flexport, it’s the easiest way for retail investors to get involved with this fast-growing freight finder.
Want to buy shares of Shopify? You need a broker. Don’t have one? We recommend eToro.
It’s one of the world’s most popular investing platforms, with over 28.5 million users.
Plus, eToro is currently offering a $10 bonus* for U.S. residents.
$10 bonus for a deposit of $100 or more. Only available to U.S. residents. New accounts only. Additional terms and conditions apply.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Just remember Shopify’s business only partially relies on Flexport’s success. Sure, Shopify has a big stake in Flexport, but it’s still primarily an eCommerce platform.
(Chart courtesy of TradingView)
If you’re more interested in getting involved in Flexport’s industry rather than buying into its brand, then consider stocks in the shipping, logistics, and freight sectors.
Here are a few transit-related tickers to consider:
- UPS (NYSE: UPS)
- FedEx (NYSE: FDX)
- CSX (NASDAQ: CSX)
- Old Dominion Line (NASDAQ: ODFL)
- Amazon (NASDAQ: AMZN)
How to Buy the Flexport IPO
Here are the steps on how to buy Flexport stock if and when it becomes available:
- Create or login to your brokerage account (if you don’t have one, we recommend eToro)
- Search for Flexport
- Select how many shares you want to buy
- Place your order
- Monitor your trade
Flexport Stock Price Chart
There’s no way to track Flexport’s stock price chart because it’s not on the public market.
Outside of Flexport’s leadership, nobody knows all of the details on this company’s financials since it doesn’t have to release quarterly statements.
However, anyone could get a sense of Flexport’s stock price by tracking major companies in the supply chain industry like UPS (NYSE: UPS) and FedEx (NYSE: FDX).
(Chart courtesy of TradingView)
Also, since Flexport has close ties with Shopify (NYSE: SHOP), you may get glimmers of how the stock is performing by listening to Shopify’s earnings calls.
Any views expressed here do not necessarily reflect the views of Hiive Markets Limited (“Hiive”) or any of its affiliates. WallStreetZen is not a broker dealer or investment adviser. This communication is for informational purposes only, and is not a recommendation, solicitation, or research report relating to any investment strategy, security, or digital asset. All investment involves risk, including the loss of principal and past performance does not guarantee future results. There is no guarantee that any statements or opinions provided herein will prove to be correct. WallStreetZen may be compensated for user activity resulting from readers clicking on Hiive affiliate links. Hiive is a registered broker-dealer and member of FINRA / SIPC. Find Hiive on BrokerCheck.
FAQs:
How to buy Flexport stock?
Flexport stock is not available to the public as the company is private. Accredited investors can buy Flexport stock by creating an account on Hiive.
How much is Flexport stock?
There is currently no Flexport stock price because the company is privately managed.
What is the Flexport stock symbol?
There is no Flexport stock symbol because this company has yet to go IPO.
Who owns Flexport stock?
Most likely, Flexport's founder Ryan Petersen has a significant stake in the company. However, it's also well known that Shopify (NYSE: SHOP) has 13% of Flexport stock, and investors like Andreessen Horowitz and MSD Partners are major Flexport supporters.
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