About Boxbot
Boxbot is a company based in San Francisco (United States) founded in 2016 by Mark Godwin and Austin Oehlerking.. Boxbot has raised $19.5 million across 2 funding rounds from investors including Maersk, Pear VC and Toyota Ventures. Boxbot offers products and services including Dynamic Storage, Boxbot Operating System, and Boxbot System. Boxbot operates in a competitive market with competitors including Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, among others.
- Headquarter San Francisco, United States
- Founders Mark Godwin, Austin Oehlerking
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics Retail Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.5 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Sep 18, 2023
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Investors
Maersk
& 7 more
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Employee Count
Employee Count
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Products & Services of Boxbot
Boxbot offers a comprehensive portfolio of products and services, including Dynamic Storage, Boxbot Operating System, and Boxbot System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered system for dense storage of variable items
AI-optimized tool for supply chain performance
Modular setup for hands-free item handling and retrieval
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Software Development Team
2 people
Lab Team
1 people
Operations Team
1 people
Founder Team
1 people
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Funding Insights of Boxbot
Boxbot has successfully raised a total of $19.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $12.0M
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First Round
First Round
(04 Jun 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series A - Boxbot | Valuation | Playground Global | |
| Jun, 2018 | Amount | Seed - Boxbot | Valuation | Artiman |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Boxbot
Boxbot has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Maersk, Pear VC and Toyota Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm and infrastructure firm investing in multiple sectors
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Founded Year | Domain | Location | |
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Seed & early stage VC firm investing the US
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Founded Year | Domain | Location | |
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Venture capital firm investing in technology and healthcare sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Boxbot
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Boxbot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boxbot Comparisons
Competitors of Boxbot
Boxbot operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Third Wave Automation, RightHand Robotics, Kindred, GreyOrange and Agility Robotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI and cloud-driven automation is delivered for warehouse material handling.
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| domain | founded_year | HQ Location |
AI-enabled robotic grippers for object picking are provided.
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| domain | founded_year | HQ Location |
Provider of a pick and place robot for e-commerce applications
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| domain | founded_year | HQ Location |
AI and SaaS-based robots for warehouse automation are provided.
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| domain | founded_year | HQ Location |
Bipedal robots are developed for locomotion, navigation, and manipulation applications.
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| domain | founded_year | HQ Location |
Autonomous mobile robots are supplied for warehouse operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Boxbot
Frequently Asked Questions about Boxbot
When was Boxbot founded?
Boxbot was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Boxbot located?
Boxbot is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Boxbot?
Austin Oehlerking is the current CEO of Boxbot. They have also founded this company.
Is Boxbot a funded company?
Boxbot is a funded company, having raised a total of $19.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7.5M, raised on Jun 04, 2018.
What does Boxbot do?
Robotic and automation solutions for package logistics and warehouse operations are offered by Boxbot, founded in 2016 in San Francisco, United States. Autonomous mobile robots are developed for storing and sorting payloads within warehouses. Focus is placed on sortation, route optimization, rapid batching, sequencing, and end-to-end visibility via digital control. The company operates in the logistics sector to support operational efficiency.
Who are the top competitors of Boxbot?
Boxbot's top competitors include GreyOrange, Third Wave Automation and Agility Robotics.
What products or services does Boxbot offer?
Boxbot offers Dynamic Storage, Boxbot Operating System, and Boxbot System.
Who are Boxbot's investors?
Boxbot has 8 investors. Key investors include Maersk, Pear VC, Toyota Ventures, Artiman, and Playground Global.