Key points:
- sennder has secured €228 million: €73 million in equity from existing shareholders led by Scania and Poste Italiane, and €155 million in debt and working-capital lines.
- The lenders include Coface, the European Investment Bank and Deutsche Bank with cflox.
- Since August, the financing has allowed sennder’s network of more than 40,000 carriers to be paid earlier.
- The company expects around €1 billion in revenue and positive EBITDA for 2026.
Where the money comes from
The €73 million equity part comes entirely from existing shareholders, led by truck maker Scania and Italy’s postal operator Poste Italiane. Both are long-standing partners of sennder.
The remaining €155 million comes from three financing lines, all of which are already active:
- €100 million non-recourse factoring line from credit insurer Coface,
- €40 million in venture debt from the European Investment Bank, its second round of support for sennder,
- €15 million supply chain finance programme with Deutsche Bank and fintech cflox.
Faster payments for carriers
For transport companies working with sennder, the most interesting part is how the money will be used. The working-capital lines are designed to cover the gap between paying carriers and collecting payment from shippers. According to the company, since August the programme has allowed its more than 40,000 carriers to receive their money earlier.
For smaller hauliers, especially those still struggling with high diesel prices, quicker payment can make a real difference to cash flow.
The equity will be used to reduce capital tied up in day-to-day operations and to invest in technology, including AI agents for shippers, carriers and freight forwarders, as well as in expanding the network.
From losses to profit
The financing follows a turning point for sennder. In October, it reported its first month of positive IFRS EBITDA, without adjustments, and said it expects to be EBITDA-positive for the whole of 2026. Revenue is expected to reach around €1 billion this year.
Part of that growth comes from the European road freight business of US company C.H. Robinson, which sennder agreed to buy in 2024. That business has now been fully integrated into sennder’s sennOS platform. The company handles more than 150,000 shipments a month across Europe.
“With profitability achieved, we now have the financial flexibility to accelerate our next phase of growth,” said David Nothacker, co-founder and CEO of sennder.
