202115 Sep

Eindhoven-based Sendcloud raises €150 million to accelerate growth of its all-in-one shipping platform

Summary

Sendcloud, the leading e-commerce shipping platform in Europe, today announced it has closed a €150 million Series C financing. Founded in 2012 and headquartered in Eindhoven, Sendcloud helps online businesses fully optimize their shipping process while delivering a superior end-shopper experience. To engage consumers in the long term and successfully process growing parcel volumes, a multi-carrier solution like Sendcloud is essential, and we are proud to partner with Softbank and L Catterton and embark on a new chapter of growth for our business.” Sendcloud directly manages shipments with all major European carriers, offering a wide range of shipping methods, including cross-border shipping, delivery in parcel lockers, same-day delivery, and even delivery during a day and timeslot of choice. Sendcloud’s technology transforms e-commerce logistics by replacing multiple Application Programming Interfaces (APIs) with a single solution, bringing a seamless delivery experience to both consumers and retailers. Yanni Pipilis, Managing Partner at SoftBank Investment Advisers, stated: “Growing parcel volume and demand for flexible delivery have increased the need for smart shipping solutions amongst online merchants.

Source: Google

Funding

$177M
Amount
Sep 15 2021
Date
-
Investor
Sendcloud
Company

Classifications

Companies