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Consumer Series A Founded 2019

RedBox

RedBox Technologies operates Saudi Arabia's leading smart parcel locker network, providing 24/7 automated access points for collecting, sending, and returning parcels. The platform serves both individuals and businesses with a suite of services including parcel collection at RedBox Points, RedBox Express (locker-to-locker delivery), Locker-to-Door delivery, international express shipping, and parcel returns. For…

📍 Riyadh, Saudi Arabia · Logistics Tech,

Funding snapshot

Last roundSeries A
Amount$7M
Date4 October 2023
Total raised$12M
Team size136

About

RedBox Technologies operates Saudi Arabia's leading smart parcel locker network, providing 24/7 automated access points for collecting, sending, and returning parcels. The platform serves both individuals and businesses with a suite of services including parcel collection at RedBox Points, RedBox Express (locker-to-locker delivery), Locker-to-Door delivery, international express shipping, and parcel returns. For businesses, RedBox offers Locker as a Service (LaaS), RedBox Delivery, RedBox Community, and RedBox Ads, enabling merchants and logistics providers to leverage its locker infrastructure. The company's mobile app allows users to track shipments, find nearby lockers, and manage parcels in one place. RedBox differentiates itself through its extensive network of smart lockers strategically placed across Saudi Arabia, offering a convenient, fast, and low-cost alternative to traditional last-mile delivery. Founded in 2019 and headquartered in Riyadh, Saudi Arabia, RedBox has raised approximately $12 million in a Series A round backed by investors including Jahez, RAF Investments, Vision Ventures, and Mad'a Investment. The company positions itself as a critical logistics infrastructure player in the rapidly growing Saudi e-commerce ecosystem.

Business model

Security & Surveillance Technology > Threat Detection > Smart Lockers > On Demand,

Logistics Tech > Ecommerce Logistics > Access Point > Locker

Institutional investors

Jahez raf-investments.com Vision Ventures Mad'a Investment

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