sennder Raises €228 Million After Reaching Profitability
Berlin-based freight forwarder sennder has secured €228 million in equity and credit lines, weeks after turning IFRS EBITDA positive and while targeting €1 billion in 2026 revenue.
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giftdetect· the right gift in minutesBerlin-based digital road freight forwarder sennder has secured €228 million in new financing, just weeks after announcing it had reached profitability on an unadjusted IFRS EBITDA basis. The company says it is on track for €1 billion in annual revenue in 2026 and expects to deliver IFRS EBITDA profitability for the full year.
How the financing is structured
The package combines €73 million in fresh equity with €155 million in institutional financing. The latter spans three instruments: a €100 million non-recourse factoring line with trade credit insurer Coface, a €40 million facility with the European Investment Bank, and a €15 million Supply Chain Finance programme with cflox and Deutsche Bank.
The equity was raised over the past two years and subscribed entirely by existing shareholders, led by Scania and Poste Italiane. Of the total, €47 million came in the two years before 2026 and €26 million in 2026. According to the company, it was mainly used to fund the acquisition and integration of C.H. Robinson's European Surface Transportation business, completed in February 2025.
The credit lines are meant to bridge the gap between paying carriers and receiving customer payments, freeing capital for technology development, AI capability and network expansion.
Integration and what comes next
sennder says the acquired business now runs on its proprietary platform, sennOS, as a single operation on a single system. It reports a 45% year-on-year improvement in operator productivity, driven by the unified platform and AI-powered workflows.
Founded in 2015, sennder moves more than 150,000 shipments a month through a network of over 40,000 vetted carriers. CEO and co-founder David Nothacker said profitability gives the company the financial flexibility to accelerate its next growth phase.
The company plans to extend sennOS and its AI-driven freight tools to shippers, carriers and other forwarders across Europe.
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