Sendle raises $35 million
Australian delivery company Sendle has raised $35 million in a Series C funding round led by Afterpay-backed AP Ventures alongside returning investors including Federation, Full Circle and NRMA .
Sendle was launched in 2015 to “democratize shipping for small businesses with sustainable package delivery that is simple, affordable, and reliable.” Sendle integrates with eCommerce platforms including Etsy, eBay, Shopify, Squarespace, and WooCommerce. It claims to be the only 100% carbon neutral shipping service in the United States and Australia.
The company has more than 800,000 users globally. Funds raised from the Series C will drive investment in building out Sendle’s US network of logistics, delivery, and technology partners.
“Package delivery is the backbone of today’s eCommerce ecosystem. As ever-more people shop and sell online, small business shipping will only grow in importance. For small sellers, it’s a critical part of being able to compete on a level playing field.” – Hein Vogel, CEO of AP Ventures.
“As we gear up for further growth in the United States, AP Ventures brings valuable experience in international expansion with Afterpay as the number one buy-now-pay-later service in the U.S. Our Series C funding will help us to continue to reshape package delivery for small businesses in the U.S. We are excited to be working with an organization as passionate about creating value for small businesses as we are.” – James Chin Moody, CEO and co-founder of Sendle.