How Much Did Sendoso Raise?
Funding & Key Investors

Sendoso, a prominent player in the direct mail and corporate gifting space, has secured substantial capital, with its total funding reaching $150.7M. The company recently announced a significant strategic investment of $100M, underscoring its continued growth and market traction. This latest financing round follows a series of previous investments that have propelled Sendoso's expansion and development of its innovative Sending Platform.

What is Sendoso?

Sendoso
SoftwareCustomer Engagement PlatformsAdvertising Networks

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:

2019

Series A

$10.7M

2020

Series B

$40M

2021

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.

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Frequently Asked Questions Regarding Sendoso Financial Insights

What are the most recent funding rounds that Sendoso has completed, and what were the funding rounds?
Sendoso has recently completed 3 funding rounds: Series C on Sep 14, 2021, Series B on Feb 4, 2020, Series A on Feb 27, 2019.
What is the total amount of funding Sendoso has raised to date?
Sendoso has raised a total of $150.7M in funding to date.
How many funding rounds has Sendoso completed?
Sendoso has completed 3 funding rounds.
How much funding did Sendoso raise in its most recent funding round?
Sendoso raised $100M in its most recent funding round.
Who are the lead investors in Sendoso's latest funding round?
The lead investor in Sendoso's latest funding round was SoftBank Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sendoso's history?
The largest funding round in Sendoso's history was $100M.
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