What is Sendoso?
Headquartered in San Francisco, California, Sendoso operates a sophisticated Sending Platform designed to facilitate the delivery of modern direct mail, personalized gifts, eGifts, and other physical impressions. This unique approach allows businesses to create memorable customer and employee experiences by seamlessly integrating physical touchpoints into their digital strategies. The platform's ability to execute these campaigns at scale positions Sendoso as a key enabler for companies looking to enhance engagement, build stronger relationships, and drive measurable results through personalized outreach.
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 Struck Capital, Storm Ventures, Hack VC, Craft Ventures, and Signia Partners
Series B (2020): $40M led by Prologis, Storm Ventures, Oak HC/FT, Craft Ventures, Felicis Ventures, Struck Capital, Stage 2 Capital, and Signia Venture Partners
Series C (2021): $100M supported by SoftBank Group, Oak HC/FT, Struck Capital, and Stage 2 Capital
Key Investors in Sendoso
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 strategically invests in transformative technologies worldwide.
Oak HC/FT
Oak HC/FT is a premier venture growth-equity fund focused on Healthcare Information & Services and Financial Services Technology. They provide strategic counsel and access to industry leaders for portfolio companies.
Struck Capital
Struck Capital is a venture capital firm specializing in Seed-stage technology companies, offering extensive support in hiring, customer introductions, and PR to accelerate growth.
What's next for Sendoso?
The recent major strategic investment in Sendoso signals a pivotal moment for the company, likely indicating a focus on scaling operations, expanding its market reach, and further developing its platform capabilities. With a history of significant capital injections, including a substantial Series C round, Sendoso is well-positioned to capitalize on the growing demand for personalized engagement solutions. Future strategic initiatives may involve enhancing its technological infrastructure, forging new partnerships, and exploring international market expansion to solidify its leadership in the corporate gifting and direct mail industry. The company's trajectory suggests a continued emphasis on innovation and customer-centric solutions.
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