Funding round
Flock Freight Seed
Flock Freight, which works in freight shipping brokerage services in Encinitas, raised $2.5M in a Seed round announced on 24 Jun 2016, led by SignalFire. 3 firms took part. It is Flock Freight's first venture round on record.
$2.5M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Flock Freight did not disclose a valuation in this round. It is Flock Freight's first venture round on record, 1 year after it was founded in 2015. It is under 1% of the $459M Flock Freight has raised in the venture rounds on record. Flock Freight raised again 16 months later: a Series A round of $18M in Oct 2017. Its next priced round, a Series C in Dec 2020, valued it at $500M.
Flock Freight's funding rounds
Flock Freight has 6 venture rounds on record. This one is highlighted.
- Seed this round 24 Jun 2016, led by SignalFire $2.5M
- Series A 1 Oct 2017, led by GV $18M
- Series B 25 Feb 2020, led by SignalFire and GLP Capital Partners $50M
- Series C 1 Dec 2020, led by SoftBank Vision Fund and Softbank $114M$500M post-money
- Series D 20 Oct 2021, led by SoftBank Vision Fund $215M$1.00B post-money
- Series E 14 May 2025, led by O'Neil Strategic Capital $60M
Investors
Who put money in
SignalFire led the round with 2 other firms.
Lead investor
- backs 121 venture-backed companies new investor
Also in the round
- backs 42 venture-backed companies new investor
- backs 7 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time: 1 in Trucking and Logistics, then Seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Trucking and Logistics | 3 Nov 2016 | undisclosed | not disclosed | not named |
| Water Supply & Water Treatment | 21 Jun 2016 | $100M | not disclosed | EIV Capital |
| Payment Processing & Point of Sale | 21 Jun 2016 | $7.9M | not disclosed | not named |
| HiBob Tech Companies | 1 Jun 2016 | $7.5M | not disclosed | Bessemer Venture Partners |
| Radiology Clinic | 21 Jun 2016 | $5.0M | not disclosed | not named |
| Metal Fabrication Services | 1 Jun 2016 | $3.4M | not disclosed | True Ventures |
| Tech Companies | 22 Jun 2016 | $2.9M | not disclosed | Resolute Ventures |
| Tech Companies | 6 Jun 2016 | $2.5M | not disclosed | Mosley Ventures and Birchmere Ventures |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Flock Freight raise in its Seed round?
Flock Freight raised $2.5M in its Seed round, announced in Jun 2016.
Who led Flock Freight's Seed round?
SignalFire led it, with TenOneTen Ventures and Kortschak Investments.
What was Flock Freight's valuation at the Seed round?
It was not disclosed.
Did Flock Freight raise again after this round?
Yes: a Series A round in Oct 2017 of $18M.