Wednesday, 27 February 2019

For a monthly subscription fee, this startup will send out customized gifts to current and prospective clients at scale

In today’s noisy, fast-paced world, finding a way to let clients and potential customers know that they are top of mind can be a major challenge for companies.

Enter Sendoso, a 2.5-year-old, San Francisco-based online-to-offline startup that promises to source, store and ship anything a business ever needs to send — and track its return on investment, to boot.

How does it work? According to CEO and co-founder Kris Rudeegraap, Sendoso, founded in 2016, already has 110 full-time employees, hundreds of vendor relationships and six warehouses, including its biggest, an 80,000-square-foot space in Las Vegas.

It also has relationships with dozens of workers on whom it can call to help it as it needs them and, as crucially, it integrates with Salesforce, Marketo and Engagio, among other platforms where companies largely live.

Collectively, these various pieces enable an employee to log into Sendoso and — according to a budget that has been preset — click on a contact, type out a customer message and choose a gift if desired, and that directive will show up as a campaign on the company’s end and as an order over at Sendoso, which then gets to work.

Want to send cupcakes to a client in New York? Done. A handwritten note to a prospect in Washington? No problem. See something on Amazon? Sendoso will have it sent to one of its warehouses, then repackage it so that it looks like you did it yourself. Then out the door it goes with a major carrier like FedEx or UPS.

Sendoso — which charges a monthly subscription fee for its services based on a company’s number of users and its sending volume — caters to both tech startups as well as Fortune 1,000 companies, with a client list that includes the marketing data company LiveRamp, the construction management software company ProCore and the call center platform TalkDesk, where Rudeegraap was most recently a senior account executive — and where he says the idea for Sendoso was born.

“Having worked in sales for 10 years, it was clear that customer success was shifting away from this dependence on email because of the digital noise being created.” He sensed that a channel with offline gifts like wine and handcrafted notes (penned by Sendoso warehouse workers) might be the solution.

The idea of business-to-business gifting is far from new, of course, and even though Sendoso is customizing the experience, it also isn’t alone, with other upstarts like Knack in Seattle and Alyce in Boston among many others focused on power gifting.

Still, investors like Sendoso’s packaging, so to speak. Indeed, Rudeegraap tells us the company just closed on $10.7 million in Series A funding to bolster its ranks and accelerate its reach beyond the 15 countries where the service is already available. The round was led by David Sack’s Craft Ventures, with participation from Signia Partners, Storm Ventures, Struck Capital and Hack VC.

Sendoso has now raised $13.2 million to date.



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