About Boxit Storage
Boxit Storage is a company based in Dubai (United Arab Emirates) founded in 2014.. Boxit Storage has raised $600 thousand across 2 funding rounds from investors including Wamda Capital, Arzan Venture Capital and EquiTrust Life Insurance. Boxit Storage operates in a competitive market with competitors including Cargoz, Save Space and 800 Storage, among others.
- Headquarter Dubai, United Arab Emirates
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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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
$600 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Wamda Capital
& 3 more
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Employee Count
Employee Count
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Funding Insights of Boxit Storage
Boxit Storage has successfully raised a total of $600K across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(25 May 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Seed - Boxit Storage | Valuation |
investors |
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| May, 2016 | Amount | Seed - Boxit Storage | Valuation | Wamda Capital |
| 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 Boxit Storage
Boxit Storage has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wamda Capital, Arzan Venture Capital and EquiTrust Life Insurance. 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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Tech & Offline focused VC firm investing in seed & growth stage startups in the US & UAE
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Founded Year | Domain | Location | |
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Corporate-backed venture capital firm focused on gaming, food tech, and multiple sectors
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Founded Year | Domain | Location | |
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Serves as a reliable life insurance company providing essential coverage solutions.
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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 Boxit Storage
| 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 - Boxit Storage
| 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 |
Boxit Storage Comparisons
Competitors of Boxit Storage
Boxit Storage 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 Cargoz, Save Space and 800 Storage, 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 |
Provider of on demand storage and warehouse services
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| domain | founded_year | HQ Location |
Manages an e-commerce platform offering a wide range of groceries for convenient online purchase.
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| domain | founded_year | HQ Location |
Provides self-storage, packing, and moving for residential and commercial needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Boxit Storage
When was Boxit Storage founded?
Boxit Storage was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Boxit Storage located?
Boxit Storage is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Is Boxit Storage a funded company?
Boxit Storage is a funded company, having raised a total of $600K across 2 funding rounds to date. The company's 1st funding round was a Seed of $600K, raised on May 25, 2016.
What does Boxit Storage do?
Boxit Storage was founded in 2014 in Dubai, United Arab Emirates, within the storage and logistics sector. An online platform is operated to deliver self-storage options on a pay-as-you-go basis. Services include pack and pick-up arrangements from users homes, with bookings managed directly through the platform. Operations focus on flexible, on-demand access to storage solutions in the region.
Who are the top competitors of Boxit Storage?
Boxit Storage's top competitors include Cargoz, Save Space and 800 Storage.
Who are Boxit Storage's investors?
Boxit Storage has 4 investors. Key investors include Wamda Capital, Arzan Venture Capital, EquiTrust Life Insurance, and Saad Mouasher.
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