German ecommerce logistics startup Seven Senders has raised €6.5 million in Series A funding led by btov Partners through its Digital Tech fund. Internetstores founder René Köhler and existing investors also participated in the round.
Seven Senders connects online stores with delivery carriers around Europe where online retailers can track their deliveries and returns. It claims the service is cheaper than traditional options.
The company plans to use the new funds to expand outside of Germany. It currently sends around 500,000 parcels a month to several European countries and will add Scandinavia in the coming months.
“Every country in Europe already has several excellent last mile carriers to provide customers of online shops an ideal shipping experience,” said Dr Johannes Plehn, managing director of Seven Senders.
“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,” he added.
Seven Senders’ Series A is another round in an increasingly busy field for logistics and delivery startups that have all raise significant rounds, such as OnTruck, sennder, and Cubyn.
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