About InstaBee
InstaBee is a company based in Hyderabad (India) founded in 2019 by Alexis Priftis and Fredrik Hamilton. InstaBee has raised $19.96 million across 2 funding rounds from investors including Stena Sessan and EQT. The company has 14 employees as of December 31, 2023. InstaBee offers products and services including Budbee App, Instabox App, and Porterbuddy App. InstaBee operates in a competitive market with competitors including Delhivery, Shadowfax, XpressBees, Ripplr and LoadShare, among others.
- Headquarter Hyderabad, India
- Employees 14 as on 31 Dec, 2023
- Founders Alexis Priftis, Fredrik Hamilton
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Sectors
TechnologyTransportation, Automotive & Logistics Retail
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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 Instantbee Private Limited
- Date of Incorporation 27 Sep, 2018
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$55.03 K (USD)384as on Mar 31, 2022
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Net Profit
$2.03 K (USD)475as on Mar 31, 2022
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EBITDA
$3.44 K (USD)1484as on Mar 31, 2022
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Total Equity Funding
$19.96 M (USD)
in 2 rounds
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Latest Funding Round
$19.96 M (USD), Series A
Jun 05, 2024
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Investors
Stena Sessan
& 1 more
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Employee Count
14
as on Dec 31, 2023
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Products & Services of InstaBee
InstaBee offers a comprehensive portfolio of products and services, including Budbee App, Instabox App, and Porterbuddy App.
App for e-commerce deliveries and returns in multiple countries.
App for parcel locker deliveries and easy returns services.
App for scheduled home deliveries with tracking features.
People of InstaBee
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Funding Insights of InstaBee
InstaBee has successfully raised a total of $19.96M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $19.96 million completed in June 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.
Investors in InstaBee
InstaBee has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Stena Sessan and EQT.
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Long-term value is created by Stena Sessan through responsible investments.
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Investor details for InstaBee
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Investments & Acquisitions by InstaBee
Investment portfolio details for InstaBee
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Financial Statements - InstaBee
Detailed financials for InstaBee
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Instabee Comparisons
Peer comparison for InstaBee
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Competitors of InstaBee
InstaBee 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 Delhivery, Shadowfax, XpressBees, Ripplr and LoadShare, among others.
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Integrated logistics services including parcel delivery and warehousing are provided.
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Express delivery logistics solutions are provided for businesses and individuals.
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End-to-end logistics delivery and courier solutions are provided.
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End-to-end distribution and logistics solutions are provided across industries.
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Provider of end-to-end logistics delivery services
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Connects online merchants with their customers
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Detailed competitors of InstaBee
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Latest news on Instabee
Complete news archive for InstaBee
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Frequently Asked Questions about InstaBee
InstaBee was founded in 2019 and raised its 1st funding round 1 year after it was founded.
InstaBee is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Alexis Priftis is the current CEO of InstaBee. They have also founded this company.
InstaBee is a funded company, having raised a total of $19.96M across 2 funding rounds to date.
As of Dec 31, 2023, the latest employee count at InstaBee is 14.
Annual revenue of InstaBee is $55.03K as on Mar 31, 2022.
InstaBee was founded in 2019 in Hyderabad, India, as a provider of cloud-based ERP software tailored for enterprises. Operations focus on GST compliance, billing processes, e-way bill generation, automated business solution management, documentation handling, accounting functions, report creation, sales oversight, purchase and order tracking, and inventory control. Services are delivered through the domain instabee.com to support business efficiency in the software sector.
InstaBee's top competitors include Delhivery, Shadowfax and XpressBees.
InstaBee offers Budbee App, Instabox App, and Porterbuddy App.
InstaBee has 2 investors. Key investors include Stena Sessan, and EQT.