Founded Year

2015

Stage

Series D | Alive

Total Raised

$399.7M

Valuation

$0000 

Last Raised

$215M | 3 yrs ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-74 points in the past 30 days

About Flock Freight

Flock Freight is a FreightTech company focusing on shipping solutions within the logistics industry. The company provides services such as Shared Truckload, Less Than Truckload (LTL), Full Truckload, and freight consolidation. Flock Freight serves sectors including food & beverage, retail & tech, building materials & industry, machinery, and paper, plastics & packaging. Flock Freight was formerly known as AuptiX. It was founded in 2015 and is based in Encinitas, California.

Headquarters Location

701 South Coast Highway 101

Encinitas, California, 92024,

United States

855-744-7585

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ESPs containing Flock Freight

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Supply Chain & Procurement

The digital freight marketplaces market aligns demand and supply requirements by matching shippers with carriers with available capacity. These marketplaces provide a digital platform that allows carriers to bid for available contracts and offer transportation services. Such platforms can streamline the procurement process by optimizing carrier selection, enabling real-time shipment tracking, impr…

Flock Freight named as Challenger among 15 other companies, including Alibaba, Parade, and Uber Freight.

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Research containing Flock Freight

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Flock Freight in 1 CB Insights research brief, most recently on Mar 21, 2024.

Expert Collections containing Flock Freight

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Flock Freight is included in 3 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

5,900 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

U

Unicorns- Billion Dollar Startups

1,270 items

T

Tech IPO Pipeline

257 items

The tech companies we think could hit the public markets next, according to CB Insights data.

Flock Freight Patents

Flock Freight has filed 2 patents.

The 3 most popular patent topics include:

  • freight transport
  • logistics
  • supply chain management
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/10/2020

2/1/2022

Supply chain management, Freight transport, Diagrams, Mathematical optimization, Logistics

Grant

Application Date

12/10/2020

Grant Date

2/1/2022

Title

Related Topics

Supply chain management, Freight transport, Diagrams, Mathematical optimization, Logistics

Status

Grant

Latest Flock Freight News

The cost of shipping air is rising. Shared Truckload can help your business stay competitive.

Feb 11, 2025

. (Photo credit: Jim Allen/FreightWaves) Empty trailer space has long been an inefficiency in the trucking industry. With shifting market conditions and rising costs, shipping “air” is becoming more expensive than ever, driving urgency for shippers to adopt better solutions. Things like half-empty trailers and underutilized space aren’t just a headache anymore—they’re impacting your bottom line. If you’re shipping freight in today’s evolving environment, it’s crucial to rethink how you utilize capacity and begin planning for market changes ahead of 2025. Here’s what’s happening, why it matters, and how a Shared Truckload solution can help save costs while improving operational efficiency. Setting the stage for 2025 As we move into 2025, several trends are shaping the trucking industry. FreightWaves’ market data indicates a turning tide in the truckload market, signaling a stronger advantage for carriers. Many providers are renegotiating truckload contract rates in favor of higher pricing, leaving shippers with rising bills. Simultaneously, capacity issues persist. Research shows that 43% of truckloads move partially empty—essentially shipping air. This inefficiency drives up costs for shippers and represents wasted revenue opportunities for carriers. Rising operational expenses, coupled with tighter margins, only magnify this challenge across the industry. Adding to the complexity, LTL NMFC code changes could nudge more shippers toward alternative solutions. Yet, for businesses unable to fill an entire trailer, traditional truckload shipping isn’t cost-effective—placing shippers in a frustrating bind. It’s within this context that Shared Truckload is emerging as a game-changing solution. How the market is driving the cost of shipping air Shipping air—moving a truckload trailer that isn’t completely full—wastes both money and resources. And as the market shifts to favor carriers, the cost of these inefficiencies is climbing fast. For carriers, partially empty trailers represent an increasing opportunity cost. Every unused cubic foot is a lost chance for profit. Dramatic fluctuations in demand, coupled with rising diesel prices, push carriers to maximize capacity in every shipment. For shippers, the rising costs of underutilized trailers can make staying competitive tougher than ever. The solution? Fill that empty space. This is where Shared Truckload (STL) solutions step in, providing shippers with smarter, more efficient ways to pool loads and maximize trailer usage. STL allows multiple shippers to share trailer space, splitting costs proportionally without compromising delivery speed or performance. The result? Optimized shipping that’s better for shippers, carriers, and the environment. Technology at the core of Shared Truckload Executing Shared Truckloads efficiently is no easy feat. Freight brokers have attempted to manually coordinate shared loads for decades, but they’ve always struggled to harmonize complex details like commodities, shipment sizes, locations, and equipment requirements—all at scale. Enter Flock Freight’s pooling technology, a leader in the space capable of achieving what manual efforts cannot. Powered by machine learning, Flock’s proprietary algorithms instantly analyze every variable in the shipping equation: Route Optimization: Predicts the most efficient paths based on real-time data. Load Matching: Seamlessly pairs multiple compatible shipments. Carrier Integration: Helps carriers locate matching loads to fill unused trailer capacity. By doing so, Flock Freight not only improves efficiency but also provides precise, predictable outcomes for both shippers and carriers. It’s Shared Truckload at scale, bringing advanced technology to solve an age-old problem. Carrier benefits of Shared Truckload For carriers, the stakes are higher when trailers move partially empty. Rising costs and competition require them to operate as cost-efficiently as possible. With Flock Freight’s technology, carriers can proactively find and fill unused capacity to maximize their revenue per mile. For example, after booking a shipment, Flock Freight analyzes available space and helps carriers find additional loads that align with their route and timeline. Real Shared Truckload example Consider this scenario from a recent Flock Freight Shared Truckload. Flock’s technology handled everything from load matching to optimization, so all three shippers saved money while maintaining their timelines. Flock delivered their goods alongside other businesses’ freight, splitting the trailer space and cutting transportation costs in half. It’s a simple, effective example of how STL addresses inefficiency while creating value for everyone involved. The time to act is now With shipping costs rising and the market becoming less favorable for shippers, it’s time to future-proof your transportation strategy. Shared Truckload offers a solution that’s flexible, cost-efficient, and technology-driven. For shippers, STL allows you to save on transportation costs and reduce inefficiencies while addressing the challenge of underutilized trailers. For carriers, STL represents a new revenue opportunity and a pathway to maximize efficiency. If shipping “air” is no longer an option, Shared Truckload is your chance to stay competitive in a fast-changing market. Click here to learn more about Flock Freight.

Flock Freight Frequently Asked Questions (FAQ)

  • When was Flock Freight founded?

    Flock Freight was founded in 2015.

  • Where is Flock Freight's headquarters?

    Flock Freight's headquarters is located at 701 South Coast Highway 101, Encinitas.

  • What is Flock Freight's latest funding round?

    Flock Freight's latest funding round is Series D.

  • How much did Flock Freight raise?

    Flock Freight raised a total of $399.7M.

  • Who are the investors of Flock Freight?

    Investors of Flock Freight include SignalFire, Google Ventures, GLP Capital Partners, SoftBank, Susquehanna Private Equity Investments and 8 more.

  • Who are Flock Freight's competitors?

    Competitors of Flock Freight include BlackBuck, Kargo, NEXT Trucking, Zerobroker, Transfix and 7 more.

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