Sennder Valuation, Funding & Investors
Sennder is valued at $1B as of June 2021.
Last Sennder valuation
$1B
Series D · Jun 2021
Last Sennder funding round
$80M
Series D · Jun 2021
Cumulative funding Sennder raised
$340M
across 4 funding rounds
Key investors in Sennder
Accel
HV Capital
Project A Ventures
Scania Growth Capital
Lakestar
H14
About Sennder
Sennder is a Berlin-headquartered digital freight forwarder connecting shippers with truck carriers across Europe. The platform automates truckload bookings, offers real-time tracking via mobile apps for drivers, fleet tools for managers, and API integrations for shippers' transport management systems. Sennder operates in 10 countries including Germany, France, and the UK, handling millions of shipments annually to streamline road freight logistics.
Founded
2015
HQ
BerlinWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Commission, Subscription
Valuation
$1B (Jun 2021)
Sennder Valuation
Sennder is currently valued at $1B, based on its Series D in June 2021.
The $80M round was led by Baillie Gifford, with participation from ABACON and FIEGE.
Sennder's valuation has grown 3.3x from $300M at its Series C in July 2019 to $1B in June 2021, across 3 priced rounds.
Sennder valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2021 | Series D | $1B |
| Jan 2021 | Series D | $1B |
| Jul 2019 | Series C | $300M |
Sennder Funding History
Sennder has raised a total of $340M across 4 funding rounds.
Sennder's first fundraising round was a $30M Series B in April 2019. The most recent completed round was a $80M Series D in June 2021.
Sennder funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2021 | Series D | Baillie Gifford (lead); ABACON; FIEGE | $80M | $1B | Sennder is a Berlin-based digital freight forwarder that operates a platform aggregating truck fleets for logistics providers, offering transparency, efficiency, and flexibility in road freight. Founded in 2015 by David Nothacker, Julius Köhler, and Nicolaus Schefenacker, it connects thousands of trucks with shippers and has partnerships with companies like Scania, Siemens, and Poste Italiane, serving major DAX 30 and Euro Stoxx 50 firms. By 2020-2021, Sennder had around 800 employees and had made key acquisitions including Uber Freight Europe, Everoad, and Dutch firm Cars&Cargo to consolidate the market and boost network density via its sennOS platform. In January 2021, Sennder closed the first part of its Series D at $160 million (approx €131.64M), followed by an additional $80 million extension in June 2021 led by new investor Baillie Gifford, with participation from existing backers like Accel, Lakestar, HV Capital, Project A, Scania, and others such as Hedosophia. This brought the total Series D to $240 million and overall funding to over $350 million. The round valued Sennder at over $1 billion USD, earning it unicorn status as Europe's most valuable digital freight forwarder (earlier January tranche approx €820M). The funds were earmarked to accelerate pan-European growth, including organic expansion, acquisitions of local road freight firms, strategic partnerships like with Zeitfracht, and R&D into SaaS enhancements, automation, digitalization, and decarbonization of road freight. Baillie Gifford highlighted Sennder's potential to disrupt Europe's inefficient logistics sector plagued by high CO2 emissions, praising its technology, team, and purpose-driven approach. JP Morgan acted as placement agent. The company aimed to strengthen core markets and enter new regions through its ecosystem. |
| Jan 2021 | Series D | Hedosophia (lead); GR Capital; Scania Growth Capital; Compagnie Nationale a Portefeuille; Project A Ventures; H14; Lakestar; Perpetual Growth; HV Capital; Accel; Earlybird VC | $160M | $1B | Sennder is Europe’s leading digital freight forwarder for full truck loads, providing shippers access to a connected fleet of thousands of trucks across Europe. The company focuses on digitalization and automation of road logistics processes, deploying over 40,000 trucks with access to more than 120,000 vehicles and employing over 1,600 people. In January 2021, Sennder raised $160 million in a Series D funding round led by Hedosophia, with participation from investors including Accel, Compagnie Nationale a Portefeuille, Earlybird Venture Capital, GR Capital, H14, HV Capital, Lakestar, Perpetual Growth, Project A Ventures, and Scania Growth Capital. Following the round, Sennder announced plans to invest $100 million in technology development, expanding its tech team by 200 people to advance automation, optimization, and decarbonization of road freight. The funding supported Sennder's expansion, including the rebranding of its acquired French subsidiary Everoad by Sennder to Sennder France in February 2021, positioning Paris as a key European tech hub. With offices in seven countries, Sennder leverages local presence in major logistics hubs, working with over 10,000 carrier partners and international customers, aiming to move more than a million truckloads by the end of 2021. The company is backed by prominent European investors and has partnerships with industry leaders like Scania and Siemens for innovation in transparent, efficient road freight networks. Sennder operates in the $427 billion European logistics and freight sector, emphasizing technology for competitive advantage. |
| Jul 2019 | Series C | Lakestar (lead); Scania Growth Capital; N47; Project A Ventures; H14; HV Capital; Accel | $70M | $300M | - |
| Apr 2019 | Series B | Accel (lead); Scania Growth Capital; Project A Ventures; HV Capital | $30M | - | Sennder is Europe's leading digital freight forwarder for full truck loads, founded in 2015 in Berlin. The company connects shippers with carriers through a software platform offering full-service bookings, real-time tracking, and supply chain transparency, while deploying over 40,000 trucks across Europe with access to more than 120,000 vehicles. In 2019, Sennder raised approximately $100 million across two funding rounds: $70 million in a Series C led by Lakestar and $30 million earlier in the year, with participation from venture capital firms including Accel, Holtzbrinck Ventures, Project A, and Scania Growth Capital. |
Who has invested in Sennder?
15 investors have backed Sennder across its funding rounds, including Accel, HV Capital, Project A Ventures, Scania Growth Capital, Lakestar and H14.
Lead investors include Baillie Gifford, Hedosophia, Lakestar and Accel.
Sennder Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 Stockholm | 3 | Participant | Apr 2019 | |
| Berlin | 3 | Participant | Apr 2019 | |
| Munich | 3 | Participant | Apr 2019 | |
 Palo Alto, CA | 3 | Lead | Apr 2019 | |
 Italy | 2 | Participant | Jul 2019 | |
 Zurich | 2 | Lead | Jul 2019 | |
 Edinburgh | 1 | Lead | Jun 2021 | |
| Berlin | 1 | Participant | Jan 2021 | |
| San Francisco, CA | 1 | Participant | Jul 2019 | |
 Charleroi | 1 | Participant | Jan 2021 | |
| Germany | 1 | Participant | Jun 2021 | |
| London | 1 | Lead | Jan 2021 | |
| Munich | 1 | Participant | Jan 2021 | |
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Start Free TrialAcquisitions by Sennder
Sennder has acquired 4 companies to date.
Last acquisition by Sennder was on May 11th 2021. Sennder acquired Cars&Cargo for undisclosed valuation.
Latest Acquisitions by Sennder
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Uber Freight Europe | ||||
| Description | Cars&Cargo is a Netherlands-headquartered logistics provider offering road transport services for vehicles and general cargo throughout Europe. It operates a fleet of specialized car carriers handling car deliveries, trade shows, and relocations from ports like Rotterdam and Antwerp to destinations across the continent. The company provides door-to-door solutions with real-time tracking and insurance coverage for high-value shipments. | Uber Freight Europe is the European extension of Uber Freight, launched in 2021 to match shippers with truck carriers via digital platform. Operating from Amsterdam, it serves logistics in Germany, France, Spain, and the Netherlands with spot market and contract rates. The service provides real-time tracking, automated payments, and capacity sourcing from 50,000-plus carriers. Uber Freight Europe integrates with Uber's US operations for transatlantic supply chains. | Everoad by sennder is a Berlin-headquartered digital freight forwarder operating across Europe following the 2020 merger of Paris-based Everoad and sennder. Founded in 2015, it connects small trucking firms with large shippers using technology for transparent, efficient road transport. Strategic partnerships include Scania, Siemens, Poste Italiane joint venture, and Uber Freight acquisition, handling tens of thousands of loads monthly in seven countries. | Innroute is a Madrid-based digital logistics operator facilitating pallet shipments across Spain and Europe. The platform connects shippers with carriers for instant quoting, real-time tracking, and competitive pricing. Innroute optimizes last-mile delivery through API integrations with e-commerce and warehouse systems. |
| HQ Country |  | |  |  |
| HQ City | Breda | London | Paris | Barcelona |
| Deal Date | 11 May 2021 | 16 Sep 2020 | 9 Jun 2020 | 26 Sep 2019 |
| Valuation | undisclosed | $1.1B | undisclosed | undisclosed |
| EV/Revenue | ||||
| EV/EBITDA | ||||
This data is available for Pro users. Sign up to see all Sennder acquisitions and their M&A valuation multiples. Start Free Trial | ||||
Sennder Competitors
Sennder competitors include listed companies like GuoChuang Software and JSTI, and private ones like CloudTrucks, Virgin Hyperloop, Loggi and Bringg.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Francisco, CA | Private | - | - | $850M | - | |
| Los Angeles, CA | Private | - | - | $700M | - | |
 São Paulo | Private | - | - | $1.8B | - | |
 Israel | Private | - | - | $1B | - | |
 China | Publicly listed | $220M | ($17M) | $960M | - | |
| China | Publicly listed | $622M | $30M | $947M | 1.7x |
Sennder Public Comps
Sennder is still privately-owned, but its public comps include Hangzhou SF Intra-City, Keytop Parking, GuoChuang Software, Beijing eGova, Jiangsu Tongxingbao, JSTI, Heartland Express, Marten Transport, Prosegur Cash and Covenant Logistics.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $3.4B | $54M | 0.2x | 0.2x | 11.8x | 8.4x | |||
| $124M | $29M | 7.5x | - | 32.3x | - | |||
| $220M | ($17M) | 4.8x | - | (60.4x) | - | |||
| $90M | ($52M) | 8.4x | - | (14.5x) | - | |||
| $159M | $47M | 2.7x | - | 9.2x | - | |||
| $622M | $30M | 1.6x | 1.7x | 32.7x | 13.8x | |||
| $806M | $102M | 1.2x | 1.3x | 9.9x | 6.8x | |||
| $884M | $130M | 1.1x | 1.1x | 7.7x | 7.6x | |||
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Common questions about Sennder
| When was Sennder founded? | Sennder was founded in 2015. |
| Where is Sennder headquartered? | Sennder is headquartered in Berlin, Germany. |
| Is Sennder publicly listed? | No, Sennder is a private, VC-backed company. |
| What is Sennder's valuation? | Sennder was last valued at $1B in its Series D in June 2021. |
| How much funding has Sennder raised? | Sennder has raised $340M across 4 funding rounds. |
| What was Sennder's last funding round? | Sennder's last funding round was a $80M Series D in June 2021, led by Baillie Gifford. |
| Who are Sennder's investors? | Sennder's investors include Scania Growth Capital, Project A Ventures, HV Capital, Accel, H14, Lakestar, Baillie Gifford, GR Capital, N47, Compagnie Nationale a Portefeuille and 5 others. |
| Which companies are comparable to Sennder? | Companies comparable to Sennder include CloudTrucks, Virgin Hyperloop, Loggi, Bringg, GuoChuang Software and JSTI. |
| How many companies has Sennder acquired? | Sennder has acquired 4 companies, including Cars&Cargo, Uber Freight Europe, Everoad by sennder and innroute. |
| What was the largest acquisition by Sennder? | The $1.1B acquisition of Uber Freight Europe in September 2020 is the largest acquisition Sennder has made to date. |
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