HomeFundingSendCloud raises €2 million to create one unified European shipping network

SendCloud raises €2 million to create one unified European shipping network

Back in 2012, the cost- and time-inefficient of ecommerce shipping has inspired three friends with an online store to launch SendCloud. The Eindhoven-based startup offers a cloud-based shipping software, which enables online stores to operate more efficiently and ship goods at competitive rates. The three founders, who are determined to create a unified European parcel delivery network, just received a €2 million investment led by Dutch investment firms TIIN Capital and Brabant Development Agency.

The European shipping market is highly fragmented, even international delivery companies offer limited ecommerce connectivity. Rob van den Heuvel (CEO of SendCloud) explains: “Imagine a Dutch online retailer with an order from Spain. The shipment will cost about €15, not to mention the costs and inconvenience of return shipments”.

For online shops it is difficult to service international customers. Market leaders have the means to make custom-made arrangements with shipping providers. Smaller shops do not have these possibilities. SendCloud offers unique shipping software for small and medium-sized companies. Partnerships with a large range of shipping providers such as DHL, PostNL and UPS, allow the company to optimize the end-to-end shipping process for their customers.

With its success in The Netherlands, Belgium and Germany, team SendCloud is determined to make a difference in Europe. The young company has grown rapidly, with offices in Eindhoven and Munich and will expand into other European nations later this year. Previous investors of SendCloud include Startupbootcamp, Sanoma Ventures and angel investors.

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

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