- Founded: 2014
- Ceased Operations: 2023
What did Sendy do?
Sendy was a logistics company that connected shippers with drivers and riders in Kenya, Nigeria, and Uganda. Sendy’s platform allowed shippers to book deliveries of all sizes, from small packages to large cargo. Drivers and riders could sign up to deliver goods on the Sendy platform, and they were vetted and rated by shippers.
Sendy was praised for its innovative approach to logistics, and it raised over $26 million in funding from investors such as DOB Equity, Accel Partners, and TPG Growth.
Who started Sendy?
Founders Meshack Alloys, Evans Biwott, Don Okoth, and Malaika Judd
Why did they go out of business?
Sendy faced increasing competition from other logistics companies in Kenya, Nigeria, and Uganda in the past. These companies were able to offer lower prices and more competitive services.
Sendy was unable to raise the capital it needed to continue operating. This was due to a number of factors, including the rising cost of funding in the African tech ecosystem and Sendy’s financial challenges.