FreightTech unicorn sennder targets €1 billion in annual revenue as C.H. Robinson integration completes
sennder, a German digital road freight forwarder, today announced that it will hit €1 billion in annual revenue for this year, as well as completing the integration of C.H. Robinson’s European operations. The delivery scale-up has raised over €340 million in funding and is now on track to deliver IFRS EBITDA profitability for the full […] The post FreightTech unicorn sennder targets €1 billion in…
German digital freight forwarder sennder, a freight technology unicorn, is on track to achieve €1 billion in annual revenue, following the completion of its integration with C.H. Robinson's European operations. The company has raised over €340 million in funding and is poised to achieve IFRS EBITDA profitability by 2026. sennder operates through its unified platform, sennOS, handling over 150,000 shipments per month.
David Nothacker, co-founder and CEO of sennder, highlights the continued operational momentum and sustained profitability, which positions the company for further investment in digital freight transformation. The company's success coincides with increasing competition in the European transport and cargo sector, with other startups such as cargo.one, Cargofy, FRYTE Mobility, NexDash, and Vectrix securing substantial funding.
In the German market, these funding announcements total around €29.4 million. Since its inception in 2015, sennder has aimed to increase efficiency, transparency, and sustainability in road logistics by connecting shippers with carriers and reducing empty miles. The company's profitability and revenue quality are now prioritised over volume growth, resulting in a 45% YoY increase in operator productivity. sennder plans to continue investing in its platform, AI agents, and European carrier network to achieve profitable growth.
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