SENDY

SENDY

Online marketplace for buying, selling, and renting adventure sports gear.

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DateInvestorsAmountRound

$1.0m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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Sendy.io operates a digital marketplace in North America focused on the shared economy for adventure sports. The platform facilitates the buying, selling, and renting of new and used adventure sports equipment, including technical clothing. It serves a community of outdoor enthusiasts, from individuals to retailers, aiming to reduce expenses and environmental impact by promoting the reuse of gear. The business generates revenue by acting as an intermediary for financial transactions and charging service fees to vendors. Payments from buyers are held in escrow and released to the seller's wallet after the buyer confirms receipt and inspection of the item.

The company was founded in 2021 by professional adventure sports athletes Travis Rice and Cam Zink, and is headquartered in Sonoma, CA. The founders' extensive experience in the outdoor industry informed the platform's development, which was designed to address the pain points they identified within the adventure sports community, such as the inefficient distribution of gear. Sendy, Inc. secured $1.94 million in funding, including a Pre-Seed round from investors like Big Sky Partners.

The platform provides a user-friendly interface where sellers can create listings with photos and descriptions, and buyers can browse, make offers, or purchase items directly. For transactions requiring shipping, Sendy provides a prepaid shipping label, with the cost paid by the buyer. The platform also includes features for local rentals, where users can browse available gear on a map, confirm dates, and arrange a pickup. A chat function allows direct communication between buyers and sellers to coordinate transactions.

Keywords: adventure sports equipment, gear marketplace, outdoor gear exchange, buy sell sports gear, rent sports equipment, shared economy, peer-to-peer rental, Travis Rice, Cam Zink, action sports community, sustainable consumption, online marketplace, gear hub, North America sports gear

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