Seven Senders, a Berlin, Germany-based logistics startup for e-commerce, closed a €6.5m Series A financing round.
The round was led by btov Partners with participation from Reno Kohler, founder of Internetstores, and other existing investors.
The company intends to use the funds to further develop its software-solution as well as to facilitate geographic expansion beyond Germany.
Founded in 2015 by by Dr. Johannes Plehn and Thomas Hagemann, Seven Senders uses a virtual carrier network to connect online shops with more than 40 European carriers, facilitating selection tailored to the requested service level. To achieve this, the company bundles parcel deliveries of multiple online shops, subsequently feeding them into existing local carrier networks. It currently sends almost half a million parcels to e-commerce customers all over Europe every month. Each connected online retailer has access to a software solution that analyzes delivery times, delivery and return rates in real time, and ensures tracking from pick-up to delivery.
Customers include Lesara, Juniqe, Mister Spex or Westwing, among others. with countries being shipped including Austria, Switzerland, France, the Benelux countries, Great Britain, Ireland, Spain, Portugal, Italy and additional countries in Eastern Europe. In the coming months, the Scandinavian countries and various courier networks in urban regions will be added.
FinSMEs
25/08/2017