Seven Senders gets 32 million euros

The Berlin logistics start-up also cracks the 100 million annual revenue mark for the first time. The lead investor is an old acquaintance.

Seven Senders has successfully closed its Series C financing. Lead investor is - as in the previous round - Digital Partners. Together with btov, the two venture capitalists put a total of 32 million euros into the Berlin-based start-up. "Seven Senders' sophisticated technology and the high level of logistics expertise of all parties involved convinced us from the very beginning," says Patrick Beitel, Managing Director and Partner at Digital Partners. "Our assessment has been more than confirmed over the past 18 months: Seven Senders, in expanding its international shipping, has taken advantage of the opportunities that have arisen from the overall positive market development."

Seven Senders offers a delivery platform designed to simplify international parcel shipping. To this end, the start-up works with more than 100 carriers in more than 50 countries. The investment is intended to drive internationalization. "Among other things, it is planned to support the European business of Chinese and US online retailers with central service hubs," it said in a statement.

Seven Senders also announced the most successful fiscal year in its six-year history. Revenues have doubled since March 2020, reaching 100 million in annual sales for the first time. The start-up has established country offices in Amsterdam, Vienna and Madrid.