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Category : News

News

SEVEN SENDERS closes another financing round – EUR 6.5 million for further product development and internationalisation

Image result for sevensenders

Seven Senders, a logistics start-up for e-commerce, closes a Series A financing round led by btov Partners. Together with René Köhler, founder of Internet stores, and other existing investors, the venture capitalist invests a combined EUR 6.5m in the start-up founded in 2015. The fresh capital resulting from the financing round will allow the company to further develop its software solution as well as to facilitate geographic expansion beyond Germany.

Seven Senders connects online shops with more than 40 European carriers and bundles parcel deliveries of multiple online shops to reduce their costs and delivery time. Notable customers such as Lesara, Juniqe, Mister Spex or Westwing already are shipping with Seven Senders across Europe.

Dr. Johannes Plehn from Seven Senders commented on the investment: “Every country in Europe already has several excellent last mile carriers to provide customers of online shops an ideal shipping experience. Only the integration of these carriers remains a big challenge for online shops today. Seven Senders connects local carriers with European online shops and guarantees maximum control over all packages with process transparency in real time using our software solutions. We are pleased about the trust btov Partners has placed in us, which will enable us to rapidly expand our customer portfolios and secure the necessary resources to further develop our products and services.”

Seven Senders 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 analyses delivery times, delivery and returns rates in real time, and ensures seamless tracking from pick-up to delivery. In addition to lower shipping costs and shorter delivery times, online merchants benefit from the high level of transparency in parcel shipping.

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