Flexe vs Convoy
Side-by-side comparison of AI visibility scores, market position, and capabilities
Seattle on-demand warehousing marketplace with 1,000+ US warehouses; lets shippers add fulfillment capacity without long-term contracts, paying only for storage and services actually used.
About
Flexe is a Seattle-based logistics technology company that operates an on-demand warehousing marketplace, connecting companies needing temporary or overflow storage and fulfillment capacity with warehouse operators who have underutilized space. Shippers access Flexe's network of over 1,000 warehouses across North America to add logistics capacity without long-term commitments, paying for actual usage rather than minimum contracts. Flexe also offers an Omnichannel Logistics program that helps large retailers manage inventory positioning across multiple nodes to improve in-stock rates and reduce last-mile delivery costs. The company targets enterprise retailers and consumer goods companies as well as mid-market shippers needing peak-season overflow capacity. Founded in 2013, Flexe raised over $200M from investors including Tiger Global, Redpoint Ventures, and Madrona Venture Group. It competes with Ware2Go and FLEXE in the on-demand warehousing market.
Convoy was the digital freight marketplace that reached $3.8B valuation before shutting down in October 2023; assets were acquired by Flexport as the US trucking industry's digital transformation continues.
About
Convoy was a Seattle-based digital freight network that operated an automated matching platform connecting shippers with trucking carriers, aiming to bring Uber-style efficiency to the highly fragmented US trucking industry. Founded in 2015 by Dan Lewis and Grant Goodale, Convoy raised over $900M from investors including Google, Jeff Bezos, and T. Rowe Price, reaching a peak valuation of $3.8 billion as it grew to handle hundreds of thousands of loads per month across a network of hundreds of thousands of trucks.
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