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
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.