Funding round
Flock Freight Series E
Flock Freight, which works in freight shipping brokerage services in Encinitas, raised $60M in a Series E round announced on 14 May 2025, led by O'Neil Strategic Capital. 6 firms took part. It is Flock Freight's sixth venture round on record; the one before was a Series D in Oct 2021.
$60M
Amount raised
Not disclosed
Post-money valuation
6
Investors
1 lead
Valuation
What this round says about the price
Flock Freight did not disclose a valuation in this round; its last disclosed one was $1.00B at the Series D (Oct 2021). It came 43 months after Flock Freight's Series D. It is 13% of the $459M Flock Freight has raised in the venture rounds on record. No later venture round is on record for Flock Freight.
Flock Freight's funding rounds
Flock Freight has 6 venture rounds on record. This one is highlighted.
- Seed 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 this round 14 May 2025, led by O'Neil Strategic Capital $60M
Investors
Who put money in
O'Neil Strategic Capital led the round with 5 other firms.
Lead investor
- O'Neil Strategic Capital new investor
Also in the round
- Susquehanna Private Equity Investments LLLP new investor
- backs 121 venture-backed companies new investor
- GLP Capital Partners new investor
- backs 7 venture-backed companies new investor
- Susquehanna Private Equity Investments
Joined the board: Dean Carlson (Susquehanna Private Equity Investments LLLP) and Alex Garden (O'Neil Strategic Capital).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations, working capital and acquisitions.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
- Acquisitions
Comparable rounds
How it compares
The closest in time: Series E rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Perplexity Tech Companies | 14 May 2025 | $500M | $14.00B | Accel |
| Stord Warehousing & Storage | 16 May 2025 | $80M | $1.50B | Strike Capital |
| Neuralink Medical Supply Manufacturers | 2 Jun 2025 | $650M | $9.60B | DFJ Growth |
| Cyera Tech Companies | 11 Jun 2025 | $540M | $6.00B | Georgian and Greenoaks |
| SandboxAQ Software Development Services | 4 Apr 2025 | $450M | not disclosed | not named |
| Harvey Tech Companies | 23 Jun 2025 | $300M | $5.00B | Kleiner Perkins and Coatue |
| Ramp Tech Companies | 17 Jun 2025 | $200M | $16.00B | Founders Fund |
| Coralogix Tech Companies | 17 Jun 2025 | $115M | $1.00B | NewView Capital |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Flock Freight raise in its Series E round?
Flock Freight raised $60M in its Series E round, announced in May 2025.
Who led Flock Freight's Series E round?
O'Neil Strategic Capital led it, with Susquehanna Private Equity Investments LLLP, SignalFire, GLP Capital Partners, Bracket Capital and Susquehanna Private Equity Investments.
What was Flock Freight's valuation at the Series E round?
It was not disclosed; its last disclosed one was $1.00B at the Series D (Oct 2021).