RedBox

RedBox

Smart lockers to receive internet requests.

  • Edit
Get premium to view all results
DateInvestorsAmountRound
investor

€0.0

round
investor

€0.0

round
investor investor

€0.0

round
investor investor

€0.0

round
*

$7.0m

Series A
Total Funding000k

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-197 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about RedBox
Made with AI
Edit

RedBox SA is a Saudi Arabian-based startup that offers a unique solution to the challenges of parcel delivery and collection. The company operates a network of smart lockers, known as RedBoxes, located in various strategic locations such as retail centers and residential complexes. These lockers serve as collection and return points for parcels, providing a convenient alternative to traditional home delivery.

RedBox's clients are primarily online shoppers and e-commerce businesses. The company's business model is centered on providing a more flexible and convenient delivery option. Instead of waiting at home for a delivery or coordinating with delivery drivers, customers can choose to have their parcels delivered to a nearby RedBox. They are then notified via a text message containing a unique code and the locker's location. The customer can collect their parcel at their convenience by entering the code or scanning the barcode at the locker.

The company also offers a return service for some merchants, adding another layer of convenience for online shoppers. If a customer finds an incorrect item in their locker, RedBox's customer service is readily available to resolve the issue.

RedBox makes money by charging e-commerce businesses for the use of their lockers. The company's services not only provide a solution to the logistical challenges of last-mile delivery but also offer a value-added service to e-commerce businesses looking to enhance their customer experience.

Keywords: Parcel Collection, Smart Lockers, Convenient Delivery, E-commerce, Online Shopping, Return Service, Customer Service, Last-Mile Delivery, Saudi Arabia, Startup.

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
Book a Demo