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Retail Series A Founded 2016

Boxbot

Boxbot is a supply chain automation company that develops AI-enabled dynamic storage systems for logistics operations. The platform introduces automated, high-density storage that unlocks new AI-driven capabilities including dynamic buffering, real-time space allocation for variable-sized items, and hands-free load and unload through proprietary storage trays linked to standard conveyors. The system supports…

📍 San Francisco, United States · E-Commerce Enablers,

Funding snapshot

Last roundSeries A
Amount$12M
Date18 September 2023
Total raised$30M
Team size20

About

Boxbot is a supply chain automation company that develops AI-enabled dynamic storage systems for logistics operations. The platform introduces automated, high-density storage that unlocks new AI-driven capabilities including dynamic buffering, real-time space allocation for variable-sized items, and hands-free load and unload through proprietary storage trays linked to standard conveyors. The system supports multiple storage tray dimensions with variable height storage based on item size and weight, and features a modular gantry-based architecture designed for maximum reliability with no single point of failure. Boxbot serves multiple applications including last-mile delivery stations where it achieves 10x vehicle loading speed improvements, air cargo and bonded storage with 77% inspection time reduction, and cross-dock buffering for optimal pallet building and dispatch. The platform also provides end-to-end visibility and digital control for warehouse operations, helping logistics operations become more productive, intelligent, and resilient. Founded in 2016 and headquartered in San Francisco, California, Boxbot has raised approximately $29.5 million in Series A funding from investors including Maersk, Toyota Ventures, Pear VC, Artiman, Playground Global, Afore Capital, Ironfire Ventures, The House Fund, and Noveus Capital.

Business model

SCM Software > Warehouse Management > Warehouse Automation Tools,

Professional Service Robots > Logistics > Warehouse Automation,

Logistics Tech > Warehousing > Enablers > Robotics > Sorting,

E-Commerce Enablers > Operations Management > Logistics Management > Warehouse Robotics and Automation,

Plug and Play Tech Center Batches > Supply Chain > Batch 4

Founders & team highlights

Serial Founder

Team background

College Wise > Massachusetts Institute of Technology, Harvard University, University of California (Los Angeles), Harvard Business School

Institutional investors

Maersk Toyota Ventures Pear VC Artiman Playground Global Afore Capital Ironfire Ventures The House Fund Noveus Capital Think + Ventures The Graduate Syndicate

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