Startup · $105m raised
Sydney, NSW
Every investor coverage indicates participated in a round Sendle raised.
| Investor | Rounds | Invested |
|---|---|---|
| Federation | Unnamed stage · Series C · Unnamed stage · Series B | $7,310,000 |
| Full Circle Venture Capital | Series C · Unnamed stage · Series B | - |
| NRMA Insurance | Series C · Unnamed stage | - |
| Rampersand | Unnamed stage · Series B | - |
| AP Ventures | Series C | - |
| Full Circle VC | Series C | - |
| NRMA | Series C | - |
| Touch Ventures | Series C | - |
| Alberts | Unnamed stage | - |
| King River Capital | Unnamed stage | - |
| Marinya Capital | Unnamed stage | - |
| Giant Leap | Series B | - |
The transaction that ended Sendle's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
Companies Sendle acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Sendle. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
The Sendle delivery brand, liquidated earlier in 2026 after a troubled merger, has been bought by logistics executive Andrew McKenna, who expects a September relaunch with Quantium Solutions handling deliveries.
Touch Ventures twice marked its Sendle holding down to nothing during 2025, first over a harsh Federation financing, then after claims against merger partner ACI Logistix, before Sendle's sudden shutdown.
Federation says ACI Logistix hid its finances before merging with Sendle and FirstMile into Fast Group, now winding down, killing the courier; the article also recalls past Sendle and Strongroom raises.
Directors at Sendle's parent FAST Group voted to shut the delivery business after it could not raise the money needed to survive; Federation had propped it up while rivals Aramex and Interparcel courted customers.
Alternative parcel delivery firm Sendle stopped taking bookings five months after merging into US parent Fast Group, whose financial troubles led investor Federation Asset Management to suspend fund withdrawals and inject emergency capital.
Also SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany
Sendle has halted new parcel shipments, disrupting small business customers. The article recalls its 2021 Series C, a 2024 raise, its merger creating FAST Group, and emergency capital from Federation Asset Management.
Sendle has merged with US firms FirstMile and ACI Logistix to form FAST Group, combining Australian small-business shipping with US parcel networks; ACI Logistix's Keith Somers will lead the combined group.
Also SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany
Shopfront, a re-commerce platform for selling second-hand goods across multiple marketplaces, raised a pre-seed round backed by Antler, Co Ventures, 5H Values Capital, Jampad and angel syndicates, plus eBay grant funding.
Melbourne startup Shopfront has secured $800,000 in a pre-seed round led by Antler, Co-Ventures, 5H Values Capital and Jam Pad Investments, with angel syndicates joining; its founders met through an Antler program.
Also Startup Daily·retailtechinnovationhub.com·startupwired.com
Roundup of six Australian funding rounds this week: InDebted, Evolt, Restoke.ai, Mary Technology, Matilda and Demtech.ai, with investors, amounts, InDebted's valuation and a secondary component for early backers and staff.
Also Australian FinTech·SmartCompany·Startup Daily·Australian FinTech·Fintech News Australia·Business News Australia
ASX-listed venture fund Touch Ventures is parting with chief executive Hein Vogel; the piece recalls its 2021 $100 million listing, heavy write-offs on PlanPay and Till Payments, and Basiq's sale to Cuscal.
Profile of Sendle managing director Laura Hill tracing her career from television and digital media through Gumtree to logistics leadership, with her views on transferable skills and women in the transport sector.
Reports that a fund backed by government and major banks has taken a minority stake in a parcel pick-up network, profiling its patient investment model and recalling an earlier cheque to a clean-energy maker.
Also Startup Daily
Block Earner appoints Apurva Chiranewala as general manager, with other senior hires named, as the blockchain fintech prepares to launch its decentralised finance platform for Australian consumers.
Sydney venture firm King River Capital has made a first close on its second fund with US$95 million committed, drawing family offices and tech executives as backers, and has invested from it in Paystand's Series C.
Family music publisher Alberts has launched a $16 million early-stage impact fund, Alberts Impact Ventures, which has already backed startups including Sendle, Muso and Amber Electric.
Commentary piece on VC exit strategies (IPO, trade sale, secondary sale) referencing recent Australian tech M&A deals and venture funding rounds including Sendle, UpGuard, Sonder and others.
Aura Group's analysis of venture capital exits, reviewing recent Australian deals such as MessageMedia's sale and several funding rounds, then explaining the three liquidity paths: IPOs, trade sales and secondary sales.
Also OIF Ventures portfolio·Square Peg Capital portfolio·Square Peg Capital portfolio·investor.atmeta.com·The Guardian Australia - Technology·OIF Ventures portfolio·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Techboard·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·wired.com·Australian FinTech·Australian FinTech·Australian FinTech·Australian FinTech·about.fb.com·Australian FinTech·Australian FinTech·Australian FinTech·rswebsols.com·brandclickx.com·economictimes.indiatimes.com·TechCrunch Venture·TechCrunch Venture·Crunchbase News·TechCrunch Venture·Crunchbase News·SmartCompany·Startup Daily·LaunchVic
Ignition Lane's weekly roundup reports Tyro buying Medipass, several startup raises, ASX listings, Hey Tiger shutting down, Airwallex culture complaints, CSIRO's technology spending plan, and Musk's bitcoin antics.
Also Startup Daily
Comestri, once Fusion Factory, has raised a $15 million Series B led by Moelis Australia; Giant Leap promotes Rachel Yang to partner; plus Musk on SNL, Dogecoin swings and Goldman Sachs bitcoin trading.
Impact Investment Group launches a $70 million Impact Alternatives fund of funds for impact investing, while several Australian funds including OneVentures, Tidal, Square Peg and Blackbird have recently raised new funds.
Alberts Impact Ventures has invested in Sendle, an Australian carbon-neutral delivery service for small businesses that has recently expanded into the US market.
Also Alberts Impact Ventures portfolio·SmartCompany·SmartCompany·Startup Daily·Startup Daily
Techboard's March 2019 quarterly report records over $2.6 billion in startup funding, driven by CBA's PEXA acquisition, Airwallex's unicorn round, several large raises, and a warning that early-stage deal flow is shrinking.
Also Startup News (WA)
The publisher announces delivery startup Sendle has raised a $20 million Series B round led by Federation Asset Management, one of the investor's first investments, funding growth and international expansion.
Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily
Delivery startup Sendle has closed a $20 million Series B led by Federation, with three other backers, and separately Humanforce has raised $22.5 million from Accel-KKR for overseas expansion.
Delivery startup Sendle has closed an oversubscribed $20 million Series B led by Federation Asset Management, with repeat backing from three existing investors, and plans to grow market share and expand overseas.