FLEXE Receives $119 Million in Series D Financing

FLEXE is an on-demand warehouse management platform that focuses on the effective use of idle warehouse space to help e-commerce companies, logistics companies, and other companies with warehousing needs manage inventory. Flexe recently announced the completion of a $119 million Series D financing from investors including BlackRock, Tiger Global, Activate Capital, Madrona Ventures and Redpoint Ventures. The latest funding round puts the company at a valuation of more than $1 billion, putting it into the ranks of unicorns.

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