Sennder’s $80 Million Extension of Its Series D Financing Round

BMH BRÄUTIGAM has advised Earlybird Venture Capital on the deal, while Taylor Wessing advised sennder GmbH. CMS advised Baillie Gifford.

sennder GmbH has concluded an extension of the Series D financing round with a volume of around 80 million US dollars including investments from existing shareholders and new investors.

The extension of the Series D financing round was based on a valuation of sennder in excess of one billion US dollars. Based on the existing client relationship, a team from the international law firm Taylor Wessing, led by Hamburg-based partner Jens Wolf, advised sennder on all legal issues in connection with the extension of the Series D financing round.

Among the investors in the extension of the Series D financing round is the new investor Baillie Gifford, who also invested in growth companies such as Amazon, Tesla and Spotify.

sennder connects transport companies and commercial shippers in road-bound full truck load (FTL) transport via a platform-based digital booking system and thereby efficiently and cost-effectively processes transport orders that can be planned in cooperation with the transport companies.

sennder intends to invest a large part of the funds raised in the extension of the Series D financing round in its own growth and the further development of its technology.

The Taylor Wessing team included Jens Wolf, Philipp Hoegl and László Molná.

The BMH BRÄUTIGAM team included Dr. Alexander Wulf (Picture) and Till Wansleben.

CMS’ team included Ralf Kurney, Partner, Berlin and Steffen König, Of Counsel, Berlin, both Corporate/M&A.

Involved fees earner: Till Wansleben – BMH Bräutigam; Alexander Wulff – BMH Bräutigam; Steffen König – CMS Hasche Sigle; Ralf Kurney – CMS Hasche Sigle; Philipp Hoegl – Taylor Wessing; László Molnár – Taylor Wessing; Jens Wolf – Taylor Wessing;

Law Firms: BMH Bräutigam; CMS Hasche Sigle; Taylor Wessing;

Clients: Baillie Gifford & Co; Earlybird Venture Capital GmbH & Co. KG ; Sennder GmbH;

Author: Federica Tiefenthaler