What is SendCloud?
SendCloud provides an all-in-one shipping platform designed to empower e-commerce businesses aiming for scale. The company's core objective is to transform logistics from a potential bottleneck into a strategic accelerator, enabling online retailers to leverage their shipping operations as a competitive advantage. By optimizing the entire shipping process, from checkout to returns, SendCloud helps businesses enhance customer experience and operational efficiency. This focus on streamlining complex logistics positions SendCloud as a key enabler for online businesses navigating the complexities of global commerce and seeking to improve their supply chain performance.
How much funding has SendCloud raised?
SendCloud has raised a total of $194.2M across 3 funding rounds:
Series A
$2.4M
Series B
$14.9M
Series C
$177M
Series A (2016): $2.4M with participation from The BOM and TIIN Capital
Series B (2020): $14.9M led by Rabobank, Bonsai Partners, AXA Venture Partners, and The BOM
Series C (2021): $177M supported by HPE Growth, SoftBank Group, and L Catterton
Key Investors in SendCloud
HPE Growth
HPE Growth is a technology growth investor focused on early-to-mid stage growth companies in Europe, partnering with management teams to scale businesses and become market leaders through equity and active support.
SoftBank Group
SoftBank Group Corp. is a global technology holding company driving innovation across telecommunications, internet services, AI, robotics, IoT, and clean energy, leveraging its investment platforms to back transformative technologies worldwide.
L Catterton
L Catterton is a global consumer-focused private equity firm that has made over 275 investments in consumer brands worldwide across various fund strategies since its founding in 1989.
What's next for SendCloud?
With substantial backing from major investors, SendCloud is poised for continued expansion and innovation in the e-commerce logistics space. The recent strategic investment signals a strong confidence in the company's business model and its ability to capture a larger share of the market. Future developments are likely to focus on enhancing platform capabilities, expanding international reach, and forging new partnerships to further optimize the shipping experience for a growing base of e-commerce clients. The company's trajectory suggests a strategic focus on scaling its operations and solidifying its position as a leader in e-commerce shipping solutions.
See full SendCloud company page
