Crossbay

London, United Kingdom Founded: 2020 • Age: 6 yrs
Provider of last-mile logistic solutions platform
Annual revenue $26.6M Latest available
Total funding $734.3M 2 rounds
Employees 34 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Crossbay

Crossbay is a company based in London (United Kingdom) founded in 2020. Crossbay has raised $734.27 million across 2 funding rounds from investors including Citi. The company has 34 employees as of January 31, 2021. Crossbay offers products and services including Urban Logistics Investment and Logistics Property Management. Crossbay operates in a competitive market with competitors including Gophr, RYTLE, Fleetroot, AntsRoute and heySimulate, among others.

  • Headquarter London, United Kingdom
  • Employees 34 as on 31 Jan, 2021
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Mark Capital Management Limited
  • Date of Incorporation 01 Aug, 2002
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $26.62 M (USD)
    12
    as on Dec 31, 2021
  • Net Profit
    -$746.08 K (USD)
    58
    as on Dec 31, 2021
  • EBITDA
    -$366.01 K (USD)
    72
    as on Dec 31, 2021
  • Total Equity Funding
    $734.27 M (USD)

    in 2 rounds

  • Latest Funding Round
    $548.58 M (USD), Debt – Conventional

    Jan 28, 2021

  • Investors
  • Employee Count
    34

    as on Jan 31, 2021

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Products & Services of Crossbay

Crossbay offers a comprehensive portfolio of products and services, including Urban Logistics Investment and Logistics Property Management.

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Primary

Provides investment in and management of last-mile distribution centers

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Manages facilities to support faster goods delivery to consumers

Funding Insights of Crossbay

Crossbay has successfully raised a total of $734.27M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $548.58 million completed in January 2021. 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.

Investors in Crossbay

Crossbay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Citi.

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Institutional
Investor Description Founded Year Domain Location
Commercial banking and financial services are provided globally.
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Investor details for Crossbay

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Investments & Acquisitions by Crossbay

Investments
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Investment portfolio details for Crossbay

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Financial Statements - Crossbay

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Detailed financials for Crossbay

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Crossbay Comparisons

Crossbay Primary company
Description
Provider of last-mile logistic solutions platform
Location
London, United Kingdom
Founded Year
2020
Annual Revenue
$26.62 M (USD)
Net Profit
-$746.08 K (USD)
EBITDA
-$366.01 K (USD)
Employees
34
As of 2021
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Peer comparison for Crossbay

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Crossbay

Crossbay 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 Gophr, RYTLE, Fleetroot, AntsRoute and heySimulate, among others.

Company Name Domain Founded year HQ Location Description
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Same-day delivery services are offered on-demand to individuals and businesses.
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End-to-end software and hardware for last-mile delivery management are provided.
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IoT-powered SaaS solutions for logistics and transport operations are offered.
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Cloud-based solutions for last-mile delivery management are provided.
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Web-enabled solutions for last-mile logistics management are provided.
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Detailed competitors of Crossbay

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Latest news on Crossbay

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Complete news archive for Crossbay

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Frequently Asked Questions about Crossbay

Crossbay was founded in 2020.

Crossbay is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Crossbay is a funded company, having raised a total of $734.27M across 2 funding rounds to date.

As of Jan 31, 2021, the latest employee count at Crossbay is 34.

Annual revenue of Crossbay is $26.62M as on Dec 31, 2021.

Crossbay was founded in 2020 in London, United Kingdom, within the logistics sector. A platform for last-mile solutions is maintained, with services focused on deliveries from single-tenant distribution centers to businesses. On-demand delivery options are extended to e-commerce operations, supporting efficient final-stage logistics across the region.

Crossbay's top competitors include Gophr, Deliforce and AntsRoute.

Crossbay offers Urban Logistics Investment and Logistics Property Management.

Crossbay has 1 investor. Key investors include Citi.

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