# SendCloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sendcloud-b-v

- Industry: Software
- Headquarters: Eindhoven, Netherlands
- Website: www.sendcloud.nl
- Total disclosed funding: $199M
- Latest round: Series C (Sep 15, 2021)
- Investors on record: 10

## About

Founded in 2012 and based in Eindhoven, Netherlands, SendCloud B.V. operates as a provider of a cloud-based logistics platform that enables e-commerce companies to process and track their shipping transactions. The firm was founded by Bas Smeulders, Rob van den Heuvel, and Sabi Tolou, and has 400 employees. In September 2021, SendCloud B.V. raised USD 177 million in series C funding led by new investor SB Investment Advisers, with participation from other new investors HPE Growth and L Catterton. The company has over 50 integrations with companies like Shopify, Magento, WooCommerce, Amazon and more.

SendCloud B.V. operates as an e-commerce shipping platform that enables online retailers to carry out shipping services by choosing from a wide range of carriers and other options. The company develops a cloud-based platform to help organize and carry out shipping services by choosing from a wide range of carriers and other options.

The firm generates revenue by providing monthly subscription plans to retailers that start at EUR 40 for small businesses, EUR 89 for large shops, and EUR 179 for established business entities.

The firm plans to use its Series C funding to accelerate growth, continue to expand its international presence, and fuel global adoption of the platform. The firm also plans to hire another 250 in 2022 to support the Company's growth.

## Funding rounds

- Series C, Sep 15, 2021, $177M — L Catterton, HPE Growth, SB Investment Advisers
- Series B, Nov 16, 2020, $15M — Bonsal Capital, henQ, BOM Brabant Ventures, AXA Venture Partners
- Series A, Jul 23, 2019 — henQ, Bonsai Partners
- Series A, Aug 29, 2017, $5.9M — TIN Capital Fund Management, henQ, BOM Brabant Ventures
- Seed, Jan 1, 2015, $0.8M — SanomaVentures

## Investors

- SanomaVentures (https://capitalatlas.ai/funds/sanomaventures) — Seed
- TIN Capital Fund Management (https://capitalatlas.ai/funds/tin-capital-fund-management) — Series A
- henQ (https://capitalatlas.ai/funds/henq) — Series A, Series B
- BOM Brabant Ventures (https://capitalatlas.ai/funds/bom-brabant-ventures) — Series A, Series B
- Bonsai Partners (https://capitalatlas.ai/funds/bonsai-partners) — Series A
- Bonsal Capital (https://capitalatlas.ai/funds/bonsal-capital) — Series B
- AXA Venture Partners (https://capitalatlas.ai/funds/axa-venture-partners) — Series B
- L Catterton (https://capitalatlas.ai/funds/l-catterton) — Series C
- HPE Growth (https://capitalatlas.ai/funds/hpe-growth) — Series C
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C