What is Sendoso?
Sendoso, headquartered in San Francisco, California, has established itself as a leader in the corporate gifting and direct mail market with its unique Sending Platform. This platform enables businesses to execute personalized direct mail campaigns, deliver eGifts, and send physical impressions at scale. By bridging the gap between digital and physical engagement, Sendoso empowers companies to enhance customer relationships, drive sales, and improve brand loyalty through thoughtful and impactful physical touchpoints. The company's innovative approach has positioned it as a key enabler for modern go-to-market strategies.
How much funding has Sendoso raised?
Sendoso has raised a total of $150.7M across 3 funding rounds:
Series A
$10.7M
Series B
$40M
Series C
$100M
Series A (2019): $10.7M with participation from Hack VC, Craft Ventures, Storm Ventures, Signia Partners, and Struck Capital
Series B (2020): $40M led by Oak HC/FT, Prologis, Felicis Ventures, Struck Capital, Stage 2 Capital, Craft Ventures, Signia Venture Partners, and Storm Ventures
Series C (2021): $100M supported by SoftBank Group, Stage 2 Capital, Oak HC/FT, and Struck Capital
Key Investors in Sendoso
Hack VC
Hack VC is an early-stage venture capital firm based in San Francisco, known for backing daring entrepreneurs and having a significant portfolio of startups, including unicorns. They focus on democratizing access to top early-stage technology investments globally.
Craft Ventures
Craft Ventures is a venture firm specializing in B2B technology, comprised of experienced founders and operators. They provide strategic insights and talent access to early-stage companies, acting as a valuable partner in the entrepreneurial journey.
Storm Ventures
Storm Ventures is an early-stage venture capital firm with over two decades of experience, focusing on B2B software startups in areas like AI and cybersecurity. They assist founders globally in scaling their innovative companies.
What's next for Sendoso?
With the recent influx of $100M in strategic capital, Sendoso is poised for accelerated growth and further innovation. This major enterprise-level funding suggests a focus on scaling operations, expanding market reach, and potentially developing new features for its Sending Platform. The company's trajectory indicates a strong market demand for personalized physical engagement solutions, and this investment will likely fuel its efforts to solidify its leadership position and explore new avenues for customer acquisition and retention. Future developments may include enhanced personalization capabilities, broader integration with sales and marketing tools, and expansion into new geographic markets.
See full Sendoso company page