Flock Freight operates a Shared Truckload (STL) freight brokerage that leverages AI-powered, patented pooling technology to combine shipments from thousands of businesses. Its platform optimizes across the company’s entire customer network to generate cost savings for shippers and earnings for carriers while reducing carbon emissions. The company emphasizes a low carbon footprint as a key outcome of its pooling approach. Flock Freight was founded by CEO Oren Zaslansky and is based in Encinitas, California. The business plans to use new capital to expand operations and broaden its business reach. No revenue or user metrics were disclosed in the article. Flock Freight offers FlockDirect, a software-driven "shared truckload" service that pools midsized freight from multiple shippers headed the same way using probability-pricing algorithms. The model lets customers avoid repeated loading/unloading and pay only for needed trailer space while enabling haulers to fill trucks to capacity. It also runs a "prebate" program for freight under 40 feet and 36,000 pounds to deliver incremental cost savings. The company says its technology can cut carbon emissions by as much as 40% versus hub-and-spoke shipping and estimates it has eliminated more than 15,000 tons of emissions to date. Flock plans to use new funding to expand operations and hire, including opening a new Chicago office this year. Flock Freight built a software platform that pools shipments going the same direction into single shared truckloads, avoiding the traditional hub-and-spoke LTL model. Its algorithms enable shippers to treat freight up to 44 linear feet as ‘shared truckload,’ improving utilization and, the company says, cutting freight-related carbon emissions by about 40%. The company is five years old and is based in San Diego. Flock Freight plans to use new funding to hire more employees; it had 129 employees at the time of the report. Financially, the company recently closed a large financing and has raised $184 million to date, with a post-funding valuation reported at $500 million. The product is positioned as an alternative to digital freight-matching services by focusing on the shipments themselves rather than only matching truckers and shippers. Flock Freight is a Solana Beach, Calif.-based hubless business-to-business freight logistics company founded in 2015 by Oren Zaslansky. Its core product, FlockDirect, is a hubless pooling product that uses proprietary algorithms to pool multiple less-than-truckload (LTL) and partial-truckload (PTL) shipments into full truckload service. FlockDirect is positioned as a mid-market and enterprise-level solution that aims to eliminate terminals, remove the need to switch trucks or stop at warehouses, optimize routes and guarantee delivery dates. The company raised $50M in a Series B funding round led by SignalFire and GLP Capital Partners. Flock Freight intends to use the proceeds to expand FlockDirect. The product is designed to create a predictable shipping schedule for customers by consolidating shipments and optimizing routes.

Total raised

$439M

Funding rounds

4

Latest round

Series E

Latest activity

May 2025