Boxmotions
Solution for finding physical storage spaces.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | N/A | Media For Equity | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 1304 % | 194 % | 112 % | - | 90 % | 7 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (103 %) | (199 %) | - | (87 %) | (57 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (92 %) | (161 %) | - | (85 %) | (73 %) | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Boxmotions is a logistics company that has transitioned from a B2C valet storage model to a comprehensive B2B logistics provider, specializing in the complex market of bulky item delivery.
Founded in Barcelona in 2016 by aeronautical engineers Pol Karaso and Àlex Corbacho, Boxmotions initially targeted the B2C self-storage market. The founders leveraged their backgrounds in logistics and engineering to address inefficiencies in traditional storage. Early on, the company provided an on-demand service where users could schedule the pick-up and storage of their belongings, managing everything online through a photo catalog of their items. This model operated on a monthly subscription and was designed to be up to 15% cheaper than conventional self-storage solutions.
The company's trajectory was marked by significant funding milestones, including a €1 million seed round in January 2018 and a €2.4 million round in January 2020. These investments, from backers like Inveready, BStartup (Banco Sabadell), and Fitalent, fueled its expansion from Barcelona to Madrid and later to Paris. A pivotal shift occurred as Boxmotions identified a larger opportunity in the underserved B2B market for bulky item logistics. The firm now acts as a centralized logistics partner for e-commerce and retail businesses, handling the distribution, storage, and manipulation of large products like furniture and appliances. This includes value-added services such as assembly and disassembly.
The core of its current offering is a proprietary technology stack and operational process built for last-mile delivery. This system provides clients with real-time stock and order management software and offers end-customers features like scheduled delivery time slots and rapid delivery times. By consolidating logistics through a single point of contact, Boxmotions helps businesses reduce costs and improve the end-user experience, tackling a segment of the market that traditional parcel services often struggle with.
Keywords: B2B logistics, bulky item delivery, last-mile logistics, e-commerce fulfillment, furniture logistics, appliance delivery, third-party logistics, 3PL, supply chain technology, warehousing, on-demand storage, Àlex Corbacho, Pol Karaso, freight services, logistics software, inventory management, Spain, retail logistics, assembly services, tech-enabled logistics