About Citibox
Citibox is a company based in Madrid (Spain) founded in 2015. It operates as a Product-as-a-Service. Citibox has raised $12.34 million across 6 funding rounds from investors including European Union, Growthcreditpartners and Coventure. Citibox has completed 1 acquisition, including Celeritas. Citibox offers products and services including Intelligent Parcel Boxes. Citibox operates in a competitive market with competitors including FLEXIPASS, Kanguro, Columat, Send2me and Arregui, among others.
- Headquarter Madrid, Spain
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Citibox Smart Services S.L.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.34 M (USD)
in 6 rounds
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Latest Funding Round
$85.96 M (USD), Debt – Conventional
Jul 02, 2024
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Investors
European Union
& 11 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Citibox
Citibox offers a comprehensive portfolio of products and services, including Intelligent Parcel Boxes. 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.
Smart mailboxes are provided for online purchase deliveries.
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Funding Insights of Citibox
Citibox has successfully raised a total of $12.34M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $85.96 million completed in July 2024. 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 6
- Last Round Debt – Conventional — $86.0M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2024 | Amount | Debt – Conventional - Citibox | Valuation |
investors |
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| Sep, 2021 | Amount | Grant - Citibox | Valuation |
investors |
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| Oct, 2019 | Amount | Grant - Citibox | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Citibox
Citibox has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include European Union, Growthcreditpartners and Coventure. 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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Early-stage tech investments in the US are targeted by Coventure.
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Founded Year | Domain | Location | |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Demium is recognized as a talent-focused venture capital firm.
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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 Citibox
Citibox has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Celeritas. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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End to end logistics solution for ecommerce
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Citibox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Citibox Comparisons
Competitors of Citibox
Citibox 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 FLEXIPASS, Kanguro, Columat, Send2me and Arregui, 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 |
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| domain | founded_year | HQ Location |
Offers mobile, web, and wallet keys for keyless access in hospitality.
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| domain | founded_year | HQ Location |
Parcel locker solutions are delivered through an app-based platform.
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| domain | founded_year | HQ Location |
Smart lockers are provided for on-demand access via mobile apps.
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| domain | founded_year | HQ Location |
Mailbox locker solutions for e-commerce package receipt are provided.
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| domain | founded_year | HQ Location |
Offers smart safe boxes for secure storage and remote management.
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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 Citibox
Frequently Asked Questions about Citibox
When was Citibox founded?
Citibox was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Citibox located?
Citibox is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Is Citibox a funded company?
Citibox is a funded company, having raised a total of $12.34M across 6 funding rounds to date. The company's 1st funding round was a Grant of $1.88M, raised on Jun 01, 2016.
What does Citibox do?
Citibox is engaged in providing intelligent parcel boxes for receiving online purchases. These solutions are installed in residential buildings to ensure secure and convenient delivery. The service is aimed at optimizing last-mile delivery for couriers while reducing CO2 emissions by 52. Operations are focused on urban environments, contributing to sustainability and efficiency in logistics. The company serves both individual users and courier companies across Spain and France.
Who are the top competitors of Citibox?
What products or services does Citibox offer?
Citibox offers Intelligent Parcel Boxes.
How many acquisitions has Citibox made?
Citibox has made 1 acquisition, including Celeritas.
Who are Citibox's investors?
Citibox has 12 investors. Key investors include European Union, Growthcreditpartners, Coventure, EIC Fund, and Santiago Valbuena.