Photo of Ryan Petersen

Ryan Petersen

Founder and CEO of Flexport

Ryan Petersen founded Flexport, a freight forwarder and customs broker built on its own software, in 2013 and runs it as CEO. Before Flexport he co-founded ImportGenius, a shipping-data company, with his brother David and Michael Kanko. He shared the CEO job with Dave Clark from September 2022, became executive chairman in March 2023, joined Founders Fund as a partner in July 2023 and came back as Flexport's CEO that September.

Now
CEO, Flexport6
Based
San Francisco Bay Area2
Education
MBA, Columbia Business School2
Languages
English, Spanish and Portuguese; some Chinese and French2

In their words

At Flexport, we believe that a world that does business together is a better one. Freight forwarding is the $1 trillion industry that functions as the circulatory system of global trade — without freight forwarding, global trade simply wouldn’t exist. The problem is, the freight forwarding industry is antiquated, not customer focused, and definitely not tech savvy. We’re changing all that.

2

Experience

Flexport2013 – now
  1. CEO2023 – now

    Returned as CEO in September 2023 after Dave Clark left, to focus on growth in the core freight business.6

  2. Executive Chairman2023

    Moved to executive chairman on March 1, 2023.4

  3. Co-CEO2022 – 2023

    Shared the CEO role with Dave Clark for six months after Clark joined on September 1, 2022.5

  4. Founder and CEO2013 – 2022

    Started Flexport in April 2013 as a licensed customs broker and freight forwarder built around its own software.2

Founders Fund2023
  1. PartnerJoined July 2023

    Joined to invest as a generalist across stages and industries, based in San Francisco.4

ImportGenius2006 – 2013
  1. Co-founder2006 – 2013

    Co-founded with his brother David and Michael Kanko; the company scanned paper shipping manifests and sold the data to importers and exporters.3

Education

Columbia Business School2007 – 2008

MBA; Beta Gamma Sigma, Dean's List and Top Scholar Award2

University of California, Berkeley1998 – 2002

BA; studied abroad at universities in Chile and Brazil2

Milestones

  1. Moved to China to be closer to supply chains3
  2. Co-founded ImportGenius with David Petersen and Michael Kanko3
  3. Came up with the idea for Flexport with his brother while running ImportGenius4
  4. Founded Flexport2
  5. Flexport went through Y Combinator's Winter 2014 batch1
  6. SoftBank's Vision Fund invested $1 billion in Flexport at a $3.2 billion post-money valuation3
  7. Flexport raised a $935 million Series E led by Andreessen Horowitz and MSD Partners, at a post-money valuation of over $8 billion5
  8. Flexport named Dave Clark, then CEO of Amazon's Worldwide Consumer business, as its next CEO5
  9. Became Flexport's executive chairman4
  10. Flexport agreed to buy Shopify's logistics unit in exchange for a 13% stake in Flexport6
  11. Joined Founders Fund as a partner4
  12. Returned as Flexport's CEO as Dave Clark left after about a year6

Skills

  • Entrepreneurship
  • Start-ups
  • Market Research
  • Business Strategy
  • Strategic Planning
  • Business Development
  • Public Relations
  • Marketing
  • Online Advertising
  • Sales
  • CRM
  • Lean Startup
  • SEO
  • Business Planning

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