What is SendCloud?
Sendcloud is an all-in-one shipping platform designed to empower e-commerce businesses aiming for scale. The company's core mission is to enable online retailers to compete more effectively by optimizing the entire shipping journey, from the initial checkout process through to managing returns. Sendcloud's solution transforms complex e-commerce logistics from a potential bottleneck into a strategic accelerator, positioning shipping as a distinct competitive advantage for its clients.
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 TIIN Capital and The BOM
Series B (2020): $14.9M led by Bonsai Partners, The BOM, AXA Venture Partners, and Rabobank
Series C (2021): $177M supported by SoftBank Group, L Catterton, and HPE Growth
Key Investors in SendCloud
SoftBank Group
SoftBank Group is a global technology holding company that drives innovation across various sectors including telecommunications, AI, and robotics. Through its Vision Fund, it backs transformative technologies and supports the scaling of businesses worldwide.
L Catterton
L Catterton is a global private equity firm with a strong focus on consumer brands. Since its inception, the firm has made numerous investments in consumer companies across various strategies and geographies.
HPE Growth
HPE Growth is a technology growth investor specializing in early-to-mid stage European companies. They partner with management teams to help businesses scale and become market leaders, with a focus on technology-driven sectors and sustainable practices.
What's next for SendCloud?
The substantial enterprise-level funding indicates Sendcloud is poised for significant growth and market penetration. This capital injection will likely fuel further platform development, international expansion, and strategic partnerships. The company's focus on optimizing the shipping journey suggests continued innovation in areas such as last-mile delivery, returns management, and carrier integration, aiming to solidify its role as a critical infrastructure provider for online retailers.
See full SendCloud company page