Flexport founder joins the firm’s funder

Photo: Number1411/ Shutterstock

Flexport founder and former chief executive Ryan Petersen has joined a San Francisco-based venture capital firm that is a source of funding for the logistics technology platform.

He confirmed the move to Flexport investor Founders Fund in a post on his personal Twitter account.

 

According to Bloomberg, Trae Stephens, a Founders Fund partner, said: “We’ve always struggled to define the quintessential Founders Fund founder. Clearly, it’s Ryan.”

Peterson decided to step down from his role as chief executive with Flexport last year, handing over the reigns to former Amazon executive Dave Clark in March this year following a six-month handover period.

He then moved over to the role of executive chairman in March.

Amazon exec Dave Clark takes Flexport CEO role

Flexport secures funding as it looks to expansion

Flexport adds another ex-Amazon exec to management team

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Rebecca Jeffrey

Rebecca Jeffrey
New to aviation journalism, I joined Air Cargo News in late 2021 as deputy editor. I previously worked for Mercator Media’s six maritime sector magazines as a reporter, heading up news for Port Strategy. Prior to this, I was editor for Recruitment International (now TALiNT International). Contact me on: [email protected]