
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
- CEO2023 – now
Returned as CEO in September 2023 after Dave Clark left, to focus on growth in the core freight business.6
- Executive Chairman2023
Moved to executive chairman on March 1, 2023.4
- Co-CEO2022 – 2023
Shared the CEO role with Dave Clark for six months after Clark joined on September 1, 2022.5
- Founder and CEO2013 – 2022
Started Flexport in April 2013 as a licensed customs broker and freight forwarder built around its own software.2
- PartnerJoined July 2023
Joined to invest as a generalist across stages and industries, based in San Francisco.4
- 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
Milestones
- Moved to China to be closer to supply chains3
- Co-founded ImportGenius with David Petersen and Michael Kanko3
- Came up with the idea for Flexport with his brother while running ImportGenius4
- Founded Flexport2
- Flexport went through Y Combinator's Winter 2014 batch1
- SoftBank's Vision Fund invested $1 billion in Flexport at a $3.2 billion post-money valuation3
- Flexport raised a $935 million Series E led by Andreessen Horowitz and MSD Partners, at a post-money valuation of over $8 billion5
- Flexport named Dave Clark, then CEO of Amazon's Worldwide Consumer business, as its next CEO5
- Became Flexport's executive chairman4
- Flexport agreed to buy Shopify's logistics unit in exchange for a 13% stake in Flexport6
- Joined Founders Fund as a partner4
- Returned as Flexport's CEO as Dave Clark left after about a year6