SoftBank is reportedly in talks to lead a $500m round for shipping services platform Flexport at a possible valuation of $3bn.
US-based freight services platform Flexport has begun advanced talks to raise about $500m in a funding round that will be led by telecommunications group SoftBank, Axios reported yesterday, citing multiple sources.
The funding is set to be closed at a pre-money valuation of roughly $3bn according to one source, though that figure was contradicted by another. The company was valued at $910m as of its 2017 series C round, though it has raised money since.
Founded in 2013, Flexport…
