Box Bot

Consumer ServicesSeries ABerkeley, USboxbot.io

Latest round

Series A

Last raised

Sep 2023

Total raised

$20M

Investors

8

About Box Bot

Box Bot Inc., founded in 2016 and headquartered in Berkeley, US, focuses on enhancing logistics through innovative automation solutions. The company's founders, Austin Oehlerking and Mark Godwin, have prior experience in the tech sector.Box Bot specializes in next-generation supply chain automation, offering the Boxbot System, which features proprietary trays linked to standard conveyors for hands-free loading and unloading of items like cartons and totes. The system accommodates various item sizes, enhancing logistics operations for sectors like parcel delivery and retail.Box Bot's revenue model is based on business-to-business transactions, focusing on customized service agreements for their Boxbot System implementation. Clients engage through tailored contracts that may include ongoing subscription services for maintenance and updates alongside installation fees. The company is targeting expansion into new markets, particularly in Europe and Asia, with specific plans to launch its enhanced systems by mid-2024. This strategic approach aims to increase Box Bot's market presence and fortify its product capabilities.

Who invested in Box Bot

8 investors across 3 rounds

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Funding rounds

  1. Series A

    Sep 18, 2023

    Amount

    $12M

    Investors

    Locked

  2. Seed

    Jun 4, 2018

    Amount

    $7.5M

    Investors

    Locked

  3. Seed

    May 26, 2017

    Amount

    Undisclosed

    Investors

    Locked

Questions about Box Bot

Who invested in Box Bot?

Box Bot has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Box Bot raised?

Box Bot has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Box Bot last raise money?

Box Bot's most recent round on record is a Series A, in Sep 2023.

What does Box Bot do?

Box Bot is a consumer services company.

Where is Box Bot headquartered?

Box Bot is headquartered in Berkeley, US.

Which VCs invest in companies like Box Bot?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer services companies at Box Bot's stage. Their profiles are linked below.

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