Berlin-based SEVEN SENDERS raises €16 million to further expand its parcel shipping solution throughout Europe

Seven_Senders_founders

In a world where physical stores are being replaced by ecommerce, and driving to the mall replaced by deliveries, logistics and shipping are growing industries. Berlin-based Seven Senders is a logistics startup connecting merchants with local premium carriers, enabling them to make faster and cost-effective deliveries. The startup’s tracking and monitoring solution also provides customers with transparency throughout the delivery process.

Founded in 2014, Seven Senders has received €16 million in a Series B follow-on round to support its international expansion. The round was led by Digital+ Partners, a growth equity investor focusing on B2B technology companies, with participation from existing investor btov Partners.

For retailers, internationalization presents enormous potential and at the same time a major challenge, raising costs and delaying delivery times. Seven Senders optimizes international shipping processes, with a virtual network of over 100 local premium carriers accessible via one standardized interface, for optimal deliveries throughout Europe. The startup has been growing, with an 8-digit revenue as well as major customers such as Best Secret, EMP, Limango, Thomann, Westwing and SumUp.

“We made major progress in product development over the last 18 months and have completed our platform,” said Dr. Johannes Plehn from Seven Senders. “We have received excellent market feedback. To serve the enormous demand, we are consistently investing in growth and internationalization.”

“Seven Senders is very well positioned as a specialist for cross-border delivery in the highly attractive European parcel market,” said Patrick Beitel from Digital+ Partners. “Above all, the combination of an excellent team with high logistics competence and a mature technology platform convinced us. We are delighted to be on board and to further expand Seven Senders to become the leading platform for parcel delivery in Europe.”

“Seven Senders has managed to grow into an immensely sophisticated parcel logistics business in recent years,” added Florian Schweitzer from btov Partners. “The current financing round is, therefore, both a justification for the strong performance of the past years and the conscious decision not to turn to profitability now, but to continue to grow rapidly.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here