Sennder

Overview
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Truck Industry Tech?
Product stageSegments
Expansion
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Online freight platforms
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Based in Germany, Sennder offers an AI-powered platform called “SennOS” that connects commercial shippers with small freight carriers across 20+ countries in Europe. The company specializes in the full truckload (FTL) market and has a presence across Europe. Its “sennCONTROL” is a comprehensive 3PL+ control tower solution designed to optimize logistics networks, reduce costs, and enhance visibility. It integrates procurement and operations management, allowing companies to streamline their logistics and include real-time tracking, data analytics, and emissions reporting.

As of July 2024, the company had 40,000+ carriers and 250,000+ registered vehicles in the platforms and was managing 50,000+ loads per month.

Sennder’s acquisitions include 1) Everoad, a similar platform provider based in France (June 2020); 2) Uber Freight’s European business (September 2020); 3) Cars&Cargo, a Dutch freight forwarder with operations across France and the Benelux countries (May 2021); and 4) European ground transportation assets of logistics company C.H. Robinson (July 2024) to further strengthen its digital logistics services industry position.

Key Customers and partnerships

Sennder’s customers include shippers such as AB InBev and Beam Suntory.

Its product partnerships include 1) a joint venture (JV) with Poste Italiane, a logistics operator in Italy, to improve efficiency and provide full visibility of its trucks (July 2020; extended in July 2023); 2) Zeitfracht, a logistics company in Germany, to license SennOS SaaS platform (February 2021); 3) another JV called “JUNA” in partnership with Scania to offer electric truck solutions and freight matching across Europe (November 2023); and 4) logistics companies Mercitalia Logistics, FS Italiane Group, and Poste Italiane to offer intermodal transport solutions (March 2024).


HQ location:
Genthiner Straße 34 Berlin DEU
Founded year:
2015
Employees:
1,001-5,000
IPO status:
Private
Total funding:
USD 340.0 mn
Last Funding:
USD 80.0 mn (Series D; Jun 2021)
Last valuation:
USD 1.0 bn (Jun 2021)
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