Berlin-based Senvo, a logistics spend visibility and reconciliation startup, has secured €2.5M in funding.

The round was led by defy.vc and Two Ravens, with participation from Fund F and prominent angel investors including Mike Roth, Dirk Reich, and the founders of byrd. Neil Sequeira from defy.vc joins Senvo's board.

Funds will accelerate product development. Senvo's platform automates audits, reduces overbillings, and streamlines logistics data integration.

Since its December 2023 launch, Senvo has processed over 7.6 million shipments and €24.9M in spend, serving clients like Schneider Electric and Autodoc.