A German unicorn looking to digitise the traditional freight industry today said it had raised €228m in equity and debt, as it looks to expand its network and bolster its technology.
Sennder is a so-called freight forwarder, connecting businesses needing to transport goods by road with available trucking companies. It has raised €73 million in equity from existing investors, led by Scanai, the Swedish transport company, and Poste Italiane, Italy's postal service.
The €155m debt facility is split into three: a €100 million credit facility with Coface, a €40 million facility with the European Investment Bank (EIB) and a €15 million facility with Deutsche Bank.
The new financing follows Berlin-based sennder raising €26 million in 2026. It is unclear what valuation its latest raise was made at. It was last publicly valued at around $2bn in 2022.
Sennder leverages AI, software and data to modernise Europe’s fragmented road freight industry. Shippers use it to find trucks to transport goods across Europe while haulers find loads for their trucks, reducing empty journeys.
Founded in 2015 and headquartered in Berlin, it says it manages more than 150,000 shipments a month.
The funding will be used to support the integration of the European road freight business it bought from US company CH Robinson, which sennder acquired in 2024.
It will also be used to expand its core transport network and the rollout of its technology platform and AI agents to shippers, carriers and other freight companies.
David Nothacker, co-founder and CEO of sennder, said: “Over the past ten years, we have built sennder through innovation and scale. With profitability achieved, we now have the financial flexibility to accelerate our next phase of growth.”
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