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E-Commerce Logistics Shipping Western Europe

Sendcloud Raises $177 Million in Series C Funding to Accelerate Growth of its All-In-One Shipping Platform

– Sendcloud announced it has closed a $177m Series C financing.
– The funding round was led by Softbank Vision Fund 2 with a significant strategic investment from L Catterton and participation from HPE Growth.
– Sendcloud helps online businesses fully optimize their shipping process while delivering a superior end-shopper experience.

Air Transportation CleanTech E-Commerce North America Ride Sharing Shipping

Cloverly snags $2.1M seed to continue developing API to measure and offset carbon usage

– Cloverly, an Atlanta-based, early-stage startup, has developed an API that helps companies measure and then offset their carbon emissions.
– The company announced a $2.1m seed round led by TechSquare Ventures with participation from SoftBank Opportunity Fund and Panoramic Ventures along with Circadian Ventures, Knoll Ventures and SaaS Ventures
– The company has hired former eBay exec Jason Rubottom as CEO in his place.

Developer APIs E-Commerce Last Mile Transportation Logistics Marketplace Shipping Software Supply Chain Management Warehousing Western Europe

ShippyPro Raises $5M in Series A Funding

– ShippyPro from Florence, Italy raised $5m in Series A funding.
– The round was led by Five Elms Capital.
– The company plans to use the funds to continue hiring and reach 150 employees in the next 12 months, to execute on its product roadmap, which includes releasing new features to help customers optimize their fulfillment processes and save budget on logistics spend, including functionality that will focus on the CO2 impact of deliveries.

E-Commerce Logistics Mobile North America SaaS Shipping

ShipBob Pulls In $200M Series E Financing

– ShipBob, a provider of cloud-based logistics solutions for small and medium-sized businesses, announced $200m in funding.
– The funding was led by Bain Capital Ventures with participation from prior investors including SoftBank, Menlo Ventures, Hyde Park Venture Partners, Hyde Park Angels and Silicon Valley Bank.
– ShipBob is designed for small and medium-sized ecommerce businesses, providing them with world-class fulfillment capabilities.

Freight Service Logistics Real Time Shipping Software Supply Chain Management Transportation Western Europe

Forto Raises $240 Million in Funding Led by SoftBank Vision Fund 2 at $1.2 Billion Valuation

– Forto has successfully raised $240M in an investment round.
– The round was led by SoftBank Vision Fund 21, with participation from Citi Ventures and G Squared, and strong backing from existing investors including Northzone, Inven Capital, Cherry Ventures, and Unbound.
– With this round, Forto’s valuation now stands at $1.2B.

Delivery E-Commerce Shipping Software Transportation Western Europe

Scurri Closes €9M Funding Round

– Scurri is a Wexford, Ireland-based eCommerce ordering, shipping and delivery process software provider.
– The company raised €9M in funding.
– The round was led by Gresham House Ventures with participation from existing investors family offices represented by Millview advisory, Pa Nolan and others.
– The new investment will be used to accelerate the company’s growth in the UK market.

Freight Service Industrial Automation Logistics Shipping Western Europe

sennder Raises Additional in $80M Series D Funding

– sennder is a digital freight forwarder based in Berlin.
– Company raised $ 80m in Series D funding round.
– The round was led by Baillie Gifford with participation from new backer as well as existing investors.
– The funding will be used to accelerate growth across Europe, further expand into new regions and drive research and development into the automation, digitalization and decarbonization of road freight.

Developer APIs E-Commerce Freight Service Logistics North America Shipping

Arta Raises $4.5 in Funding

– Arta is a New York-based company which specializes in logistics software and fulfillment services for high-value, goods and collectibles.
– The company raised $4.5M in funding.
– The round was led by Corazon Capital, Gaingels Ventures and Flight.VC.
– The new investment will be used to accelerate product development.

Delivery E-Commerce Fashion North America Printing Shipping

Printful, a Leading Print-on-Demand Company, Achieves Unicorn Status with Growth Investment from Bregal Sagemount

– Printful announced a $130m investment from Bregal Sagemount.
– The financing establishes Printful as the first privately owned company with Latvian roots to achieve unicorn status with a valuation of above $1b.
– The new partnership will support the launch of additional products and services and the expansion into new channels and geographies.
– Printful gives merchants, artists, and other creators the opportunity to run successful ecommerce businesses without investing resources in production and logistics.
– Printful has experienced explosive growth with its revenue increasing by almost 80% and exceeding $200m in 2020.
– Since its launch in 2013, Printful has sold over 32 million customized products to customers all over the world.

Enterprise Software Freight Service Logistics North America SaaS Shipping Software Transportation

Freight forwarding software startup Logixboard lands $13M

– Logixboard, a Seattle startup that helps companies manage and control their freight operations, raised a $13m Series A round.
– The round was led by Madrona Venture Group and joined by other investors.
– The company sells a customer engagement platform for the freight forwarding industry.
– The idea is to take a manual process — managing freight shipments by phone, email, Excel, etc. — and instead use software to automate parts of the process while providing data insights.
– The company says it helps customers win — or win back — contracts from Flexport, the freight forwarding startup that was valued at $3.2 billion in 2019.
– Logixboard saw a big bump in customers over the past year as more goods were shipped, ports were congested, and shipping containers were more sparse.

Logistics North America Retail Technology Shipping Transportation

Profitable and growing, international shipping startup FlavorCloud raises $6.3M

– FlavorCloud, a Seattle startup that helps e-commerce companies ship products around the globe, raised $6.3m.
– The company’s software helps ease the exchange of goods between customers and retailers doing business across borders.
– FlavorCloud’s technology analyzes complex customs regulations and product codes.
– The idea is to streamline the online shipping process for direct-to-consumer retailers including Lumin, Tamara Mellon, TomboyX, Biossance, Kosas, Atoms, and HaloLife.
– FlavorCloud is profitable and has grown rapidly over the past year with the rise in e-commerce amid the pandemic.
– It recently inked a deal with Chinese payments giant LianLian Pay to serve Chinese merchants selling to U.S. customers via Amazon.

Customer Service E-Commerce Eastern Asia SaaS Shipping

E-commerce tracking platform AfterShip raises $66M led by Tiger Global

– AfterShip, a shipment tracking platform, raised $66m in Series B funding.
– The round was led by Tiger Global and joined by Hillhouse Capital’s GL Ventures.
– The company plans to use the funding to expand its sales and customer support teams, and launch new products.
– AfterShip’s core product is its shipment tracking platform, but it also makes apps for shoppers, including self-service returns and package tracking, and sales and marketing tools for merchants that let them get more use out of data from shipments.
– AfterShip’s tools enables merchants to create their own branded tracking pages and notifications.
– Other features allow them to track the performance of different carriers, create email marketing campaigns and increase customer retention.
– Its CRM capabilities help AfterShip differentiate from other shipment tracking aggregator providers.

Artificial Intelligence Industrial Intelligent Systems Marine Transportation North Africa and the Middle East Public Safety Shipping

Orca AI, which puts computer vision onto cargo ships, raises $13M Series A funding

– Israeli startup Orca AI raised $13m in Series A funding.
– The round was led by OCV Partners, with principal Zohar Loshitzer joining Orca AI’s board.
Mizmaa Ventures and Playfair Capital also participated.
– The company was founded by naval technology experts Yarden Gross and Dor Raviv.
– The latter is a former Israel navy computer vision expert.
– Customers include Kirby, Ray Car Carriers and NYK.
– Orca AI’s AI-based navigation and vessel tracking system supports ships in difficult to tricky to navigate situations and congested waterways, using vision sensors, thermal and low-light cameras, plus algorithms that look at the environment and alert crews to dangerous situations.

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Roambee Completes $18+ Million in Series B1 Funding to Expand Real-Time Supply Chain Monitoring – Including Cold Chain Logistics Visibility for COVID-19 Vaccine Maker

– Roambee completed a $18+ million Series B1 funding round led by Reefknot Investments, a global top-tier logistics sector-focused venture capital fund.
– The completion of the fundraise positions Roambee for further expansion of its technology, services and global market penetration ahead of its Series C round targeted for Q2 2021.
– Roambee’s proven monitoring solution, as used by one of the largest US-based vaccine makers, is envisioned by the company as the first step towards transformation of multiple industries via unfettered access to verifiably better supply chain visibility at scale.

E-Commerce Europe Logistics Shipping Supply Chain Management

Fulfilment startup Cubyn raises €35M to expand across Europe

– Cubyn, a logistics startup, raised €35m funding.
– The round was led by Eurazeo and Bpifrance Large Venture, with participation from First Bridge Ventures and Fuse Venture Partners.
– Existing backers DN Capital, 360 Capital, Bpifrance Smart Cities fund and BNP Paribas Développement followed on.
– The company will use the new funding to double its team of 85 to more than 170 employees by the end of 2021, and deploy its service more internationally.
– First up is Spain and Portugal (launching next month), followed by Italy, the U.K. and Germany.

Delivery E-Commerce Logistics Marketplace North America Shipping

Deliverr scores $170M to bring fast delivery to every e-commerce vendor

– Deliverr, a startup that helps any online merchant ship goods to a consumer in one or two days, raised $170m funding.
– The round was led by Coatue and joined by Brookfield Technology Partners, and existing investors Activant Capital, 8VC and GLP.
– The company has raised $240m in total funding.
– The company is growing fast and it is capital-intensive.

Developer APIs Developer Tools Internet Marketing North America Printing Real Time SaaS Shipping Software Web Development

Lob Raises $50 Million in Series C Funding To Scale Its Direct Mail Platform

– Lob, the leading direct mail platform, announced that it has raised $50m in Series C funding.
– Led by long-time investor Y Combinator Continuity, this new financing round brings Lob’s total capital raised to $80m.
– Over 8,500 customers, including Twitter, Expedia,, Betterment, Clover Health, Root Insurance and ThredUp, are using Lob’s platform to automate direct mail workflows.
– One in two U.S. households have now received mail generated from Lob’s platform, and the company is on pace to triple the amount of mail it will send in a single year.
– To continue scaling its operations, Lob is expanding its print delivery network—already the largest in America.

Logistics North America SaaS Shipping Supply Chain Management Warehousing

E-Commerce Fulfillment Company ShipMonk Raises $65 Million

– ShipMonk is a leading provider of e-commerce fulfillment and technology solutions.
– The company raised $65m in growth equity from Periphas Capital.
– ShipMonk’s total funding exceeds $365m, including previous funding from SJF Ventures, Grotech Ventures and Supply Chain Ventures.

Europe Logistics Shipping Supply Chain Management

Instabox Raises $90M in Series B Funding

– Instabox from near Stockholm, Sweden raised $90m in Series B funding.
– The round was led by EQT Ventures.
– The company intends to use the funds to further invest in technology that will enhance the value-chain for customers and merchants, plus expansion outside of Sweden.
– Instabox is a logistics startup that provides e-commerce deliveries across its locations in Sweden — with a maximum of six hours between the merchant and the consumer — through a smart locker network. The tech platform provides the team with real-time, end-to-end tracking of all deliveries, allowing for optimisation at each step of the way.

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