Sendle Archives

Sendle staff were worried about its US plans before the parcel logistics platform collapsed

David Adams - January 22, 2026 3 MIN READ

Sendle staff questioned the parcel delivery startup’s US expansion plan and high cash burn well ahead of its closure, suggesting the business faced existential challenges before its ill-fated merger. The Australian-born scaleup, which allowed small businesses to send parcels through partnerships with major courier networks, shocked customers last week by cancelling all upcoming pick-ups. The closure came… Read more »

Business

ASX-listed VC Touch wrote off its $36 million Sendle investment in June, resurrected it with the merger, then zeroed it again

David Adams - January 16, 2026 2 MIN READ

Touch Ventures (ASX: TVL), which invested more than $36 million into Sendle over several years, wrote down the value of its stake to nil in the weeks before the logistics startup’s abrupt closure. The downgrade, revealed publicly on Wednesday, sheds light on how one of Sendle’s major financial backers responded to worrying claims about its… Read more »

Business

Sendle is dead, killed by a US merger partner who misled the Aussie startup’s key investor, Federation

Simon Thomsen - January 13, 2026 3 MIN READ

Long-term Sendle investor Federation Asset Management has confirmed that one of the two US partners in last August’s 3-way merger into Fast Group failed to disclose its true financial position at the time, leading to the sudden demise of the Australian scaleup and its parent company. Sendle announced suddenly over the weekend that it was… Read more »

Business

Sendle suddenly shutters deliveries amid financial concerns after merger investor freezes funding

Simon Thomsen - January 12, 2026 3 MIN READ

Alternative parcel delivery scaleup Sendle has halted operations just five months after it merged with two US delivery firms amid claims of financial irregularities. In a terse statement from the firm’s PR agency, the company said “Sendle has informed its customers that it is no longer taking any future bookings. We are not able to provide… Read more »

Business

Sendle is the latest startup to cut staff, retrenching 12% of its global workforce

Simon Thomsen - July 4, 2022 2 MIN READ

Parcels delivery challenger brand Sendle is the latest startup to trim its sales, cutting 12% – around 26 positions – from its team. The eight-year-old company, which pitches itself as the pugnacious alternative to Australia Post, raised $45 million 12 months ago from the likes of ASX-listed AP Ventures and NRMA Insurance. In the past… Read more »

Funding

Afterpay’s investment arm, AP Ventures, back delivery startup Sendle in $45 million series C

Simon Thomsen - June 24, 2021 2 MIN READ

Parcel delivery service Sendle has raised $45 million in a series C. The round was led by Afterpay-backed AP Ventures alongside existing investors including Federation, Full Circle and NRMA Insurance. Afterpay has a majority stake in AP Ventures – not to be confused with the British VC of the same name – and counts billionaire… Read more »

Topic

Courier startup Sendle raises $20 million Series B led by Federation

Gina Baldassarre - January 29, 2019 2 MIN READ

Courier service Sendle has raised $20 million in a Series B round led by Federation, with participation from Full Circle Venture Capital, Rampersand, and Giant Leap Fund.

Topic

Delivery startup Go People joins competitive logistics space with $2 million raise

Liz Leigh - November 4, 2016 3 MIN READ

Crowdsourced delivery startup Go People has announced a raise of over $2 million in the last three months. The startup formerly known as People Post has rebranded and revamped its technology platform to offer yet another service in the competitive logistics space.

Topic

End-to-end ecommerce platform Neto partners with Sendle for integrated delivery

Gina Baldassarre - October 26, 2016 2 MIN READ

With providers looking for any edge in the commerce space, end-to-end platform Neto has partnered with delivery startup Sendle, integrating Sendle as the default delivery provider for Australian stores set up through Neto.

Advice

Sendle isn’t exactly the new startup that some media would have you believe

Mat Beeche - November 10, 2014 5 MIN READ

I’m pretty skeptical when it comes to startups who claim they are trying to ‘disrupt’ the Australian postal system.