What is Sendle?
Founded in 2014, Sendle has dedicated itself to leveling the playing field for small businesses by providing access to the same network efficiencies and volume discounts typically reserved for larger enterprises. This approach allows Sendle to offer competitive pricing and streamlined shipping solutions, fostering the growth and success of its small business clientele. The company's commitment to democratizing logistics has positioned it as a key player in the industry, enabling smaller operations to compete more effectively.
How much funding has Sendle raised?
Sendle has raised a total of $73.8M across 4 funding rounds:
Series A
$5M
Series B
$20M
Other Financing Round
$13.8M
Series C
$35M
Series A (2016): $5M with participation from Full Circle Capital, Black Sheep Capital, and Rampersand
Series B (2019): $20M led by Giant Leap Fund, Full Circle Venture Capital, and Rampersand
Other Financing Round (2020): $13.8M supported by King River Capital, Federation, Rampersand, Full Circle Venture Capital, Marinya Capital, NRMA Insurance, and Alberts Impact Capital
Series C (2021): $35M featuring AP Ventures
Key Investors in Sendle
AP Ventures
AP Ventures is a London-based venture capital firm that focuses on investing in high-growth technology companies within the hydrogen value chain and related decarbonisation technologies. Since 2013, the firm has invested in areas such as hydrogen production, storage, transportation, and carbon capture, supporting the global transition to sustainable energy.
Rampersand
Ampersand is a company that operates in the HR & Staffing industry. It employs 100to249 people and has 5Mto10M of revenue. The company is headquartered in New York City, New York.
Black Sheep Capital
Black Sheep Capital is a leading early-stage venture investor focused on partnering with exceptional founders to transform innovative ideas into successful technology companies. They specialize in pre-seed, seed, and Series A investments, providing hands-on support and strategic guidance to help startups scale.
What's next for Sendle?
With the recent infusion of $35M in a major strategic investment, Sendle is poised for accelerated expansion. This enterprise-level funding is expected to fuel further development of its technology platform, enhance its delivery network, and potentially support international market penetration. The company's focus on sustainable and affordable logistics for small businesses suggests a continued trajectory of growth, aiming to capture a larger share of the e-commerce shipping market and solidify its position as a leader in the sector.
See full Sendle company page
