About Sendy
Sendy is a company based in Busan (South Korea) founded in 2013. It operates as a On-Demand Services, and Two-Sided Marketplace. Sendy has raised $525.99 thousand across 1 funding round from investors including Coolidge Corner Investment. Sendy offers products and services including General Freight Transport, Business Freight Transport, Agricultural Product Transport, and Small-Scale Moving Service. Sendy operates in a competitive market with competitors including Freight Tiger, Logospot, Descartes, Shipwell and MercuryGate, among others.
- Headquarter Busan, South Korea
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Sendy Co., Ltd.
- Jurisdiction Na, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$525.99 K (USD)
in 1 rounds
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Latest Funding Round
$525.99 K (USD), Seed
Jun 21, 2017
- Investors
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Employee Count
Employee Count
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Products & Services of Sendy
Sendy offers a comprehensive portfolio of products and services, including General Freight Transport, Business Freight Transport, Agricultural Product Transport, and Small-Scale Moving Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Freight transport for appliances and large items offered.
Fixed and pallet-based transport for businesses provided.
Transport of fresh produce and agricultural goods facilitated.
Moving services for small apartments are efficiently managed.
Funding Insights of Sendy
Sendy has successfully raised a total of $525.99K through 1 strategic funding round. The most recent funding activity was a Seed round of $525.99 thousand completed in June 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $525,990
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First Round
First Round
(21 Jun 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2017 | Amount | Seed - Sendy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sendy
Sendy has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Coolidge Corner Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sendy
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sendy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sendy Comparisons
Competitors of Sendy
Sendy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Freight Tiger, Logospot, Descartes, Shipwell and MercuryGate, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Freight and logistics are managed via web-based platform.
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| domain | founded_year | HQ Location |
SaaS-based transport management solutions are provided by LogiSpot.
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| domain | founded_year | HQ Location |
Cloud-based solutions for transportation and supply chain management are offered.
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| domain | founded_year | HQ Location |
Online booking platform for freight transportation
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| domain | founded_year | HQ Location |
Cloud-based transportation management systems are provided for multimodal logistics.
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| domain | founded_year | HQ Location |
AI & SaaS-driven transportation management software solution provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sendy
When was Sendy founded?
Sendy was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Sendy located?
Sendy is headquartered in Busan, South Korea.
Is Sendy a funded company?
Sendy is a funded company, having raised a total of $525.99K across 1 funding round to date. The company's 1st funding round was a Seed of $525.99K, raised on Jun 21, 2017.
What does Sendy do?
Sendy is established as a leading freight transportation platform in South Korea, focusing on efficient and transparent logistics solutions. Various services are provided, including general freight transport, business logistics, agricultural product delivery, and small-scale moving services. Operations span across diverse industries such as fresh produce, industrial goods, and pallet transport. Advanced AI technology is utilized to calculate optimal pricing, while real-time vehicle tracking and cargo insurance are offered for enhanced customer experience. Business transport management is streamlined through web-based tools and deferred payment options for corporate clients.
Who are the top competitors of Sendy?
Sendy's top competitors include Freight Tiger, Descartes and AVG Logistics.
What products or services does Sendy offer?
Sendy offers General Freight Transport, Business Freight Transport, Agricultural Product Transport, and Small-Scale Moving Service.
Who are Sendy's investors?
Sendy has 1 investor. Key investors include Coolidge Corner Investment.