Flexport vs Project44
Side-by-side equity comparison for employees weighing offers at Flexport or Project44. Valuations, funding history, headcount growth, and secondary-market context.
| Flexport | Project44 | |
|---|---|---|
| Latest valuation | $8B | $3B |
| Latest round | Series E | Series F |
| Round date | February 2022 | January 2022 |
| Total raised | $2.3B | $586M |
| Founded | 2013 | 2014 |
| Headquarters | San Francisco, CA | Chicago, IL |
| Employees | 2,822 | 779 |
| Employee YoY growth | +4% | -8% |
| Primary industry | Transportation & Logistics | Transportation & Logistics |
| Secondary-market price | $3.28 | — |
| Base-case equity multiple | — | — |
| Upside equity multiple | — | — |
| Lead investors | Founders Fund, SoftBank Vision Fund | Thoma Bravo, Insight Partners |
| Status | private | private |
Overview
Digital freight forwarder and supply chain logistics platform that helps businesses ship goods globally with real-time visibility.
project44 provides a supply chain visibility platform that tracks shipments in real time across ocean, air, rail, and truck freight for global shippers and logistics providers.
Why we compare these
Flexport appears on Sara's List 2021; Project44 is a direct competitor we track alongside it.
If you're evaluating offers at either one, the equity math depends on more than the headline valuation — dilution, strike price, time to liquidity, and concentration risk all matter. Use our equity compensation calculator and exit calculator to model your own numbers.