Sendcloud Raises $177 Million in Series C  

by Kay Aloha Villamor in September 17th, 2021

Sendcloud, an Eindhoven, Netherlands-based e-commerce shipping platform, closed a $177 million in Series C funding.

The round was led by Softbank Vision Fund 2 with a strategic investment from L Catterton and participation from HPE Growth.

The company will use the capital to further accelerate growth, expand its international presence, and accelerate global adoption of the platform.

Company: SendCloud BV

Raised: $177.0M

Round: Series C

Funding Month: September 2021

Lead Investors: Softbank Vision Fund 2

Additional Investors: L Catterton and HPE Growth

Company Website: https://www.sendcloud.com/

Software Category: E-commerce Shipping platform

About the Company: Led by Rob van den Heuvel, Chief Executive Officer, and Co-founder, Sendcloud provides online businesses with an e-commerce shipping platform to fully optimize their shipping process while delivering an improved end-shopper experience. The system directly manages shipments with all major European carriers, offering a wide range of shipping methods, including cross-border shipping, delivery in parcel lockers, same-day delivery, and even delivery during a day and timeslot of choice. Additionally, the company offers access to over 400,000 service points across Europe, enabling customers to pick up their parcel at their most preferred parcel shop. 

Source: https://www.finsmes.com/2021/09/sendcloud-raises-177m-in-series-c-funding.html


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