Sector: Logistics

In portfolio since: 2018

Location: Kenya

Sendy is an on-line marketplace, connecting motor riders and truck drivers with customers looking for simple, high quality and affordable delivery solutions. Deliveries range from small B2C and C2C delivery, e.g. e-commerce packages, to larger B2B orders from enterprises looking to outsource their logistics. The model is similar to ride-hailing companies like Uber – but focused on goods delivery rather than passengers.

The business model helps to reduce inefficiencies in the market by removing friction costs from matching customers with providers, while in parallel improving the service offering by training drivers and riders. As a result, the company supports the development of a well-functioning logistics sector, which is essential to provide market access and drive economic development.