Flock Freight
Driving industry change and powering shared truckload service with top-tier talent and advanced algorithms.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 Valuation: €0.0 | round | |
* | $60.0m Valuation: $1.0b | Series E | |
| Total Funding | 000k | ||
Related Content
FlockFreight is a logistics startup that operates in the freight shipping industry, offering a unique, patented technology-based platform called FlockDirect®. This platform aims to revolutionize the way goods are shipped by eliminating the need for terminals, which traditionally serve as transfer points in the shipping process. By doing so, FlockFreight promises faster shipping times, significantly less damage to goods, and cost savings of up to 20% compared to traditional truckload shipping.
The company's clients range from small businesses to large corporations that require freight shipping services. FlockFreight's business model is centered around combining multiple shipments into a shared truckload, making the process more efficient for shippers and more profitable for carriers. This approach is particularly beneficial for businesses with weight constraints, like Waiākea Water, who reported a reduction in delivery expenses of up to 50% using FlockDirect®.
FlockFreight generates revenue by charging clients for the freight shipping services provided. The cost savings achieved through the terminal-free shipping model allows the company to offer competitive pricing while maintaining profitability.
Keywords: Freight Shipping, Logistics, Terminal-Free, FlockDirect®, Technology-Based Platform, Shared Truckload, Cost Savings, Faster Delivery, Less Damage, Efficient Shipping.