Sendoso Secures $40M in Series B Funding

sendoso

Sendoso, a San Francisco, CA-based sending platform, raised $40m in Series B funding.

The round, which brought the amount raised to $54.1m, was led by Oak HC/FT, with participation from returning investors Craft Ventures, Signia Venture Partners, Storm Ventures, Struck Capital, and Stage 2 Capital and new investors Felicis Ventures and Prologis. As part of the financing, Oak HC/FT’s Allen Miller and Sendoso COO Michelle Palleschi will join Sendoso’s Board of Directors. Grace Chou of Felicis Ventures, will be joining as a board observer in this round.

The company will use the capital for continued product innovation, market expansion, and team growth.

Founded in 2016 by Kris Rudeegraap, CEO, Sendoso provides companies with a platform to incorporate digital and physical sending strategies into their go-to-market programs. These additional touchpoints (both online and offline) allow companies to connect with customers in more meaningful ways throughout the buyer’s journey. By integrating with sales and marketing tools, like Salesforce, Marketo, Hubspot, Outreach and many others, customers leverage their existing programs and get visibility into the effectiveness of their integrated campaigns that include sending strategies.

FinSMEs

04/02/2020

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