Flock Freight is a technology company.
Flock Freight has raised $461.0M across 6 funding rounds.
Flock Freight has raised $461.0M in total across 6 funding rounds.
Flock Freight has raised $461.0M in total across 6 funding rounds.
Flock Freight's investors include Joe Kraus, Schematic Ventures, SignalFire, American Express Ventures, Canaan Partners, G2VP, Glencrest Group, GV, Lakeside Capital, Lobby Capital, Shasta Ventures, Trinity Ventures.
Flock Freight is a FreightTech company founded in 2015 that builds patented shared truckload (STL) technology to pool compatible shipments, fill trucks at scale, and optimize routes without terminals.[1][3][4] It serves thousands of shippers (e.g., home improvement importers, packaging suppliers, mineral water companies) and trucking carriers across the U.S., solving freight industry inefficiencies like empty truck space, high costs, slow deliveries, cargo damage, and excessive carbon emissions from traditional full truckload (FTL) or less-than-truckload (LTL) methods.[2][4][6] By matching billions of shipment combinations via advanced algorithms, Flock enables shippers to pay only for needed space with guaranteed pickup/delivery dates, speeds transit, cuts emissions by up to 40%, and offsets all remaining emissions through carbon credits at no extra cost—earning it B Corporation certification as one of the first in freight.[1][3][4] Growth has been strong, with massive adoption of its network-based model, 99%+ on-time delivery rates for key customers, and awards like Sustainability Service of the Year for FlockDirect® in 2023-2024.[2][4][6]
Flock Freight was founded in 2015 by CEO Oren Zaslansky amid longstanding supply chain waste, exacerbated by the pandemic, with a mission to reimagine freight movement by reducing inefficiency through shared truckloads.[2][4][5] Zaslansky's vision focused solely on this new STL mode, leveraging first-to-market algorithms to pool shipments and fill trucks—creating a flywheel where each added shipper enhances network value.[2][3] Early traction came from patented tech eliminating terminals, delivering carbon-neutral shipping, and proving win-win benefits: lower shipper costs, higher carrier revenue, and emissions cuts.[1][6] Pivotal moments include B Corp certification, Google Cloud partnership for scaling (via research credits and DoiT International), and rapid customer wins like 97.5-99.9% on-time/damage-free rates, solidifying its position as the largest U.S. STL brokerage.[3][4][7]
Flock Freight rides the FreightTech and sustainability megatrend, addressing chronic trucking underutilization (empty miles) amid rising e-commerce, Scope 3 emissions scrutiny, and supply chain resilience demands post-pandemic.[2][4][6] Timing is ideal: regulatory pressures for decarbonization, shipper net-zero goals, and tech advancements in AI/ML for logistics optimization favor its STL model, which turns network effects into a scalable flywheel.[1][2] Market forces like fuel costs, labor shortages, and fraud risks amplify its value, as seen in integrations like Highway's carrier analytics.[5] It influences the ecosystem by pioneering terminal-free, B Corp standards in freight—quantifying emissions reductions for customers, boosting carrier engagement, and proving profitability aligns with planetary goals, potentially accelerating industry-wide adoption of pooled, green shipping.[3][6]
Flock Freight's network momentum positions it to dominate STL as freight digitizes further, with expansions into more lanes, international markets, and AI-enhanced matching likely next amid e-commerce growth and stricter emissions rules.[2][4] Trends like Scope 3 tracking, autonomous trucking, and carrier marketplaces will amplify its flywheel, evolving it from brokerage to full supply chain platform—potentially via acquisitions or deeper tech integrations. Its B Corp DNA ensures sustained influence, redefining freight as efficient, equitable, and earth-friendly, turning today's reinvention into tomorrow's standard.[1][6]
Flock Freight has raised $461.0M across 6 funding rounds. Most recently, it raised $60.0M Series E in May 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2025 | $60.0M Series E | Joe Kraus, Schematic Ventures, SignalFire | |
| Oct 1, 2021 | $220.0M Series D | Joe Kraus, Schematic Ventures, SignalFire | |
| Nov 1, 2020 | $110.0M Series C | Joe Kraus, Schematic Ventures, SignalFire | |
| Feb 1, 2020 | $50.0M Series B | Joe Kraus, Schematic Ventures, SignalFire | |
| Oct 1, 2017 | $18.0M Series A | American Express Ventures, Canaan Partners, G2VP, Glencrest Group, Joe Kraus, GV, Lakeside Capital, Lobby Capital, Schematic Ventures, Shasta Ventures, SignalFire, Trinity Ventures, Lisa Gansky, Rashaun Williams | |
| Jun 1, 2016 | $3.0M Seed | Joe Kraus, Schematic Ventures, SignalFire |