# Instabox Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/instabox-group

- Industry: Logistics & Distribution
- Headquarters: Stockholm, Sweden
- Website: www.instabox.io
- Total disclosed funding: $280M
- Latest round: Series C (Apr 18, 2022)
- Investors on record: 8

## About

Founded in 2015 and based in Stockholm, Sweden, Instabox AB operates as a developer of an online shipping platform that offers logistic services. The company co-founded by Alexis Priftis, Johan Lundin, and Staffan Gabrielsson, and as of January, the company serves two million users across the country. In January 2021, Instabox AB received GBP 65.16 million led by EQT Ventures.

The company offers freight transportation services for online retailers. The company's services can be selected in the checkout option of online stores and provide a tracking pin to monitor the retrieval of the client's package.

The company revenue generated from offering shipping services.

The company plans to optimize frictionless last-mile logistics services across European territories, with a sustainability focus.

## Funding rounds

- Series C, Apr 18, 2022, $190M — EQT, Verdane, Creades, Nineyards Equity, M2 Asset Management, Tham Special Investment, Tacito, Wallcross
- Series B, Feb 10, 2021, $90M — EQT

## Investors

- EQT (https://capitalatlas.ai/funds/eqt) — Series B, Series C
- Verdane (https://capitalatlas.ai/funds/verdane) — Series C
- Creades — Series C
- Nineyards Equity (https://capitalatlas.ai/funds/nineyards-equity) — Series C
- M2 Asset Management — Series C
- Tham Special Investment — Series C
- Tacito — Series C
- Wallcross — Series C