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Flexport Supply Chain Innovation

Mar 31, 2022 | Insights

Avitas Capital invests in supply chain innovator

The Avitas Capital Ascent Fund, LP (www.avitascap.com) participated in a recent investment in Flexport (https://www.flexport.com/), a supply chain company that is bringing long overdue innovation by integrating new technology into the global freight industry.

The Avitas Capital Ascent Fund, LP is open to Qualified Purchasers as defined below, and provides our investors access to pre-IPO companies that the fund believe may have significant growth potential. 

The last two years have created massive disruptions across the global supply chain and effected industries worldwide. These deficits have opened the door for new technologies to emerge to help streamline processes and handle new issues. Flexport’s technologies are changing how distribution and manufacturing companies get products to customers, and revolutionizing an industry that was unprepared for the recent pressures caused by the pandemic.

For these reasons and more, the Ascent Fund Series D recently invested in Flexport. Their software applications make manufacturing and distribution more inclusive and transparent, and they use data to make better decisions when it comes to the transportation of goods.

You can read more about Flexport here:https://lnkd.in/gCrBjPEE

 

About the Avitas Capital Ascent Fund

Target Fund Parameters

      • Focus on disruptive services & products
      • Late-stage private growth companies
      • Companies 1-3 years from public offering or sale
      • Emphasis on the innovation economy
      • Diversified positions in public & private markets
      • Co-investment opportunities

Target Sectors

          • Technology
          • Communications
          • FinTech
          • Alternative Energy
          • Healthcare
          • Consumer Discretionary
          • Digital Media

Series A/D is now open to Qualified Purchasers*. Contact us to learn more

*A “qualified purchaser” as defined by the SEC National Securities Markets Improvement Act of 1996 section 3(c)(7) to the Investment Company Act is an individual or a family-owned business that owns $5 million or more in investments. The term “investments” shouldn’t include a primary residence or any property used for business.
Notice the benchmark for a qualified purchaser is investments rather than net assets, which is a standard you may be used to seeing for investor accreditation.
The term “investments” is fairly broad here and includes stocks, bonds, futures contracts, cash and cash equivalents, commodity futures contract, real estate, financial contracts and other alternative assets held for investment purposes.
Other qualified purchaser categories include:
  • an individual or entity (for example, a fund manager) that invests at least $25 million in private capital, on its own account or behalf of other qualified purchasers;
  • a trust sponsored and managed by qualified purchasers; or
  • an entity owned entirely by qualified purchasers.
The information contained herein is for informational and discussion purposes only, and may not be relied on in any manner as investment advice, a recommendation or opinion regarding the appropriateness or suitability of any investment or strategy, or as an offer to sell or a solicitation of an offer to buy an interest in the Fund.