Sendoso

Sendoso

B2B platform for corporate gifting solutions

About Sendoso

Simplify's Rating
Why Sendoso is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

Consumer Goods

Company Size

201-500

Company Stage

Series C

Total Funding

$148.8M

Headquarters

San Francisco, California

Founded

2016

Overview

Sendoso operates a business-to-business platform that enhances marketing and sales strategies through personalized items, branded merchandise, eGifts, and virtual experiences. The platform integrates with clients' existing marketing and sales tools, allowing them to measure the return on investment (ROI) of their gifting efforts. By focusing on corporate gifting, Sendoso serves various departments such as sales, marketing, HR, and customer success, aiming to boost customer engagement, retention, and overall lifetime value. Unlike many competitors, Sendoso emphasizes creating a more personal marketing experience, helping businesses connect meaningfully with clients and prospects. The company's goal is to provide a unique approach to corporate gifting that stands out in a crowded market.

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Simplify's Take

What believers are saying

  • Increased demand for personalized engagement boosts Sendoso's market potential.
  • AI integration enhances Sendoso's personalization and efficiency in customer engagement.
  • Hybrid work environments increase relevance of Sendoso's virtual gifting solutions.

What critics are saying

  • Increased competition may erode Sendoso's market share.
  • Recent layoffs suggest potential financial instability at Sendoso.
  • Partnerships may not deliver expected synergies, affecting Sendoso's growth.

What makes Sendoso unique

  • Sendoso integrates digital and physical sending strategies for enhanced customer engagement.
  • The platform offers personalized gifts, eGifts, and virtual experiences to clients.
  • Sendoso's Predictable Pricing ensures transparent shipping and handling fees.

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Funding

Total Funding

$148.8M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$100M
Sendoso

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

2%

2 year growth

-4%
IT Press Releases
Nov 5th, 2024
The Top Corporate Gifting Software Vendors According to the FeaturedCustomers Fall 2024 Customer Success Report Rankings

Market Leaders - Achievers, Perkbox, Reward Gateway, and Sendoso were given the highest "Market Leader" award.

Newswire
Aug 5th, 2024
HireQuotient Partners With Sendoso to Empower HR Teams to Drive Exceptional Recruitment Outcomes

HireQuotient partners with Sendoso to empower HR teams to drive exceptional recruitment outcomes.

PR Newswire
Jan 31st, 2024
Activecampaign Joins Forces With Title Sponsors Goldcast, Calendly, And The Juice To Launch A First-Of-Its-Kind Leap Day Extravaganza

Record-breaking, 29-hour long event aims to help marketers and entrepreneurs #MakeMoreTime in 2024CHICAGO, Jan. 31, 2024 /PRNewswire/ -- ActiveCampaign, the must-have platform for intelligent marketing automation, announced the opening of registration for The ActiveCampaign Leap Day Extravaganza —a free virtual conference on February 28th through March 1st produced in partnership with Goldcast, Calendly, and The Juice. Designed to help marketers and entrepreneurs #MakeMoreTime in 2024, attendees will hear from some of the brightest minds in AI, content creation, customer experience, ecommerce, email, entrepreneurship, marketing automation, podcasting, and time management—all from the comfort of their home or office.ActiveCampaign joins forces with title sponsors Goldcast, Calendly, and The Juice to launch a first-of-its-kind Leap Day ExtravaganzaSpeakers scheduled to present include:Jay Baer - Serial entrepreneur, NYT bestseller & author of The Time to WinIan Faison - Founder & CEO, Caspian StudiosRand Fishkin - Co-Founder & CEO, Sparktoro & author, Lost & FounderAnn Handley - MarketingProfs Chief Content Officer & author, Everybody WritesJohn Jantsch - Author, speaker, consultant & host, Duct Tape MarketingScott Monty - CEO, Scott Monty Strategies & host, Timeless Leadership Podcast- CEO, Scott Monty Strategies & host, Lindsay Tjepkema - Founder & CEO, CastedPaul Roetzer - CEO, Marketing AI Institute & author, Marketing Artificial Intelligence& author, Sangram Vajre - CEO, GTM Partners & author, MOVE: The 4-question GTM FrameworkPurna Virji - Principal Consultant, LinkedIn & author, High Impact Content Marketing- Principal Consultant, LinkedIn & author, Father Time - Primordial deity & personification of time itself"At a time when marketers around the world are being challenged to do more with less, it struck us that Leap Day provides the perfect moment to share how technology, process improvements, and strategic changes can help marketers save time, increase productivity, and be more efficient," said Jason VandeBoom, founder and CEO of ActiveCampaign. "Intelligent marketing automation enables marketers to make more time for the things they value most, and we can't wait to help even more professionals tap that power for their own businesses."In a date-inspired twist, the event will run a record-breaking 29-hours straight on the Goldcast B2B Events Platform. "The ActiveCampaign Leap Day Extravaganza will be the longest, continuous virtual event ever produced on our platform," said Palash Soni, co-founder and CEO of Goldcast. "We're excited to partner in its production and share our team's insights on how to produce content in increasingly effective and efficient ways.""One in four workers spend nearly half a workday on the painful back and forth of scheduling meetings," said Jessica Gilmartin, CRO at Calendly

Business Insider
Oct 3rd, 2023
SoftBank-backed gifting startup Sendoso just completed its fourth round of layoffs in the last 16 months

Sendoso most recently raised $100 million in a Series C funding round led by SoftBank Vision Fund.

Benzinga
Jul 17th, 2023
Sendoso Introduces Predictable Pricing For Higher Roi: A Revolutionary Approach To Transparent Shipping And Handling Fees

This innovative enhancement offers a seamless and fully transparent shopping journey by meticulously outlining all-inclusive shipping and handling fees for all inventoried sends.SAN FRANCISCO, July 17, 2023 /PRNewswire-PRWeb/ -- Sendoso, the pioneer in direct marketing automation, is thrilled to unveil Predictable Pricing, a groundbreaking addition to its platform. With a relentless focus on customer experience, this innovative enhancement offers a seamless and fully transparent shopping journey by meticulously outlining all-inclusive shipping and handling fees for all inventoried sends. By embracing this new pricing structure, customers can navigate easily and confidently, bidding farewell to hidden fees and unexpected charges.Organizations seek efficient workflows and predictable expenses. Sendoso's Predictable Pricing delivers effortless budgeting and planning. It encompasses the combined costs of personalized items, shipping, and handling fees. This transparency ensures streamlined processes and provides companies a clear understanding of expenses incurred through the Sendoso platform."We are excited to introduce Predictable Pricing to our valued customers," said Kris Rudeegraap, co-founder and CEO of Sendoso

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