202115 Sep

Sendcloud Raises $177 Million in Series C Funding to Accelerate Growth of its All-In-One Shipping Platform

Summary

"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." Sendclouds 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. "Growing parcel volume and demand for flexible delivery have increased the need for smart shipping solutions amongst online merchants," said Yanni Pipilis, Managing Partner at SoftBank Investment Advisers. "Sendclouds scalable, intuitive, and highly localized platform is at the forefront of enabling sophisticated shipping for online merchants across Europe," said Christopher North, Managing Partner at L Catterton. "We are excited to partner with the exceptional Sendcloud team to leverage our consumer-focused e-commerce experience and deep expertise working with high-growth technology and software businesses to drive continued innovation and position the Company for growth globally."

Source: Prnewswire

Funding

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

Classifications

Companies