Led by CEO and Co-founder James Chin Moody, Sendle is a carbon-neutral delivery service and a certified B Corp with flat-rate shipping across Australia. Small businesses can book, quote, and track parcels from any device.
FREMONT, CA: Sendle, a Sydney, Australia – based courier service for small business, closed AUD$19m in funding.
The round was led by King River Capital, a venture capital firm based in Sydney and San Francisco, with active participation from Alberts Impact Capital and Marinya Capital as new investors and returning investors Federation, Full Circle Venture Capital, Rampersand, and NRMA Insurance.
The company plans to use the capital to expand its Australian and US markets.
Led by CEO and Co-founder James Chin Moody, Sendle is a carbon-neutral delivery service and a certified B Corp with flat-rate shipping across Australia. Small businesses can book, quote, and track parcels from any device.
This announcement follows six months of partner innovation and rapid growth, during which Sendle announced strategic partnerships with Bonds Couriers to introduce a solar-powered delivery fleet, with Shopify to power Shopify Shipping in Australia and, most recently, an integration with the online marketplace, Etsy.
Sendle is investing in order to empower small businesses to compete in the face of massive eCommerce growth, with the ten-year growth trajectory in global activity occurring in just eight weeks.
“During COVID-19, we’ve seen our economy and hundreds of thousands of Australian small businesses become more reliant than ever on a robust logistics network, so we want to make sure their parcels get to the intended destination efficiently, cost-effectively and sustainably. It’s pretty tough at the moment for everyone, but we’re throwing everything we can at ensuring our network is even more robust and reliable during these trying times,” stated Sendle CEO and Co-founder, James Chin Moody.
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