Instabox is a logistics company that provides lightning-quick, hassle-free, and fossil-free e-commerce deliveries.
Instabox offers a hassle-free same-day delivery service through its many smart parcel lockers.
Instabox was founded in 2015 by Alexis Priftis, Staffan Gabrielsson and Johan Lundin. The company is headquartered in Stockholm, Sweden, with offices in London, Berlin, Paris, San Francisco.
Instabox's widespread infrastructure of smart parcel lockers reduces the mileage and enables fossil free home delivery to a larger proportion of the population compared to other freight services.
Instabox's service has been used by millions of shopping from merchants such as H&M, Ikea, Apotea and Boozt. The company is currently operating more than 3,000 automated parcel machines.
Instabox is backed by EQT Ventures, Verdane, Creades AB, Tham Special Investment AB, Nineyards, Apotea, Tacito, M2 Asset Management, CORDET Capital Partners, and others. The company raised $190M in a new round on Apr 21, 2022. This brings Instabox's total funding to $327.1M to date. The latest round mints Instabox a unicorn with a valuation of over $1B post-money.