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Sendcloud has raised $203.9M across 5 funding rounds.
Key people at Sendcloud.
Sendcloud has raised $203.9M in total across 5 funding rounds.
Sendcloud provides an all-in-one shipping platform designed for e-commerce businesses, enabling them to streamline and automate their logistics operations. The company's core product integrates with over 160 carriers, facilitating label creation, real-time tracking, and efficient returns management from a single interface. This comprehensive solution aims to optimize the delivery experience for online retailers and their customers, handling the complexities of parcel delivery and post-purchase processes.
The company was founded in 2012 by Rob van den Heuvel, Bas Smeulders, and Sabi Tolou. The genesis of Sendcloud emerged from the founders' direct experience running their own online store, where they encountered significant challenges related to the complexity and high costs associated with e-commerce shipping. This firsthand insight spurred them to develop a more efficient and integrated solution for the broader market.
Sendcloud primarily serves e-commerce merchants, from small to rapidly growing businesses, who seek to enhance their shipping efficiency and customer satisfaction. The company's overarching vision is to empower online retailers to scale their operations by simplifying and standardizing complex shipping workflows, thereby allowing them to focus on core business growth rather than logistical hurdles.
Key people at Sendcloud.
Sendcloud has raised $203.9M across 5 funding rounds. Most recently, it raised $180.0M Series C in September 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2021 | $180M Series C | Monika Wilk | Insight Partners, L Catterton, Darrell Cavens, HPE Growth Capital | Announced |
| Nov 17, 2020 | $14.9M Series B | AXA Venture Partners | BOM, Bonsai Partners, Startupbootcamp, TIIN Capital | Announced |
| Aug 30, 2017 | $6M Venture Round | — | BOM, TIIN Capital | Announced |
| Feb 26, 2016 | $2.2M Venture Round | — | BOM, TIIN Capital | Announced |
| Jan 1, 2015 | $770K Seed | — | Curiosity VC | Announced |
Sendcloud is an all-in-one shipping platform for e-commerce businesses, automating the full shipping process from checkout to returns to help online retailers, marketplaces, and fulfillment companies scale operations and deliver superior customer experiences.[1][2][3] It serves over 25,000 stores worldwide by connecting them to 100+ carriers, 7,000+ shipping methods, and 400,000+ parcel points across Europe, solving pain points like time-consuming label printing, packing, tracking, and returns management while enabling cross-border expansion.[2][4][7] Backed by investors like SoftBank and L Catterton, Sendcloud's growth includes a $177 million Series C round in 2021 and acquisitions like Tracey for shipping intelligence, with momentum toward processing 1 billion parcels annually by 2025 via data-driven efficiencies.[5][6][7]
Founded in 2012 in the Netherlands by Rob van den Heuvel, Bas Smeulders, and Sabi Tolou—friends who ran an online phone accessories store during the smartphone boom—Sendcloud emerged from their frustration with shipping's time-consuming and expensive manual processes, like copy-pasting order details.[1][5] Instead of seeking external solutions, they built their own after spotting similar complaints in online forums, pivoting from retail to a broader mission.[1][5] Early traction came from automating logistics for small merchants, evolving into a platform now trusted by 25,000+ e-commerce businesses across Europe, with pivotal funding and expansions marking its scale-up path.[2][3][7]
Sendcloud rides the e-commerce logistics boom, where delivery markets are projected to grow from $475 billion to $591 billion by 2024, driven by consumer demands for flexible, fast shipping (71% prioritize it) amid rising cross-border trade and quick commerce.[1][7] Its timing capitalizes on post-pandemic online shopping surges and sustainability pushes, using volume data as a "flywheel" for smarter, greener operations.[1][5] By bridging merchants and carriers, it influences the ecosystem through better data utilization, reduced fragmentation, and enabling smaller players to compete with giants, fostering a more efficient European logistics network.[1][6]
Sendcloud is poised to hit its 1 billion parcel goal by leveraging AI on massive datasets for predictive efficiencies, potentially expanding beyond Europe via SoftBank backing and further acquisitions.[1][5][6] Trends like AI-optimized routing, sustainable shipping, and hyper-personalized delivery will shape it, evolving its role from automation tool to intelligence powerhouse amid global e-commerce fragmentation. As shipping becomes e-commerce's make-or-break factor, Sendcloud's merchant-first platform positions it to redefine logistics scalability, empowering more retailers to thrive globally.[2][7]
Sendcloud has raised $203.9M in total across 5 funding rounds.
Sendcloud's investors include Monika Wilk, Insight Partners, L Catterton Growth, Darrell Cavens, HPE Growth Capital, AXA Venture Partners, BOM, Bonsai Partners, Startupbootcamp, TIIN Capital, Curiosity VC.
