About Promoboxx
Promoboxx is a company based in Boston (United States) founded in 2010.. Promoboxx has raised $12.55 million across 7 funding rounds from investors including Techstars, Ascent Venture Partners and Grotech Ventures. The company has 48 employees as of December 31, 2022. Promoboxx offers products and services including Marketing Platform, Paid Ads Service, and Campaign Automation. Promoboxx operates in a competitive market with competitors including Zenput, Upside, Global-e, CommerceIQ and Cart.com, among others.
- Headquarter Boston, United States
- Employees 48 as on 31 Dec, 2022
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Sectors
TechnologyRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Promoboxx Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.55 M (USD)
in 7 rounds
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Latest Funding Round
$1.79 M (USD), Series A
Nov 12, 2019
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Investors
Techstars
& 18 more
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Employee Count
48
as on Dec 31, 2022
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Products & Services of Promoboxx
Promoboxx offers a comprehensive portfolio of products and services, including Marketing Platform, Paid Ads Service, and Campaign Automation. 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.
Tool for sharing content and running campaigns between brands and retailers
Service for targeted paid advertising and performance tracking
System to automate and optimize marketing campaigns for businesses
Unlock access to complete
Funding Insights of Promoboxx
Promoboxx has successfully raised a total of $12.55M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $1.79 million completed in November 2019. 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 7
- Last Round Series A — $1.8M
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First Round
First Round
(24 Mar 2011)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series A - Promoboxx | Valuation |
investors |
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| Sep, 2016 | Amount | Series A - Promoboxx | Valuation | Ascent Venture Partners , Grotech Ventures | |
| Dec, 2012 | Amount | Seed - Promoboxx | Valuation | Boston Seed Capital , Common Angels |
| 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 Promoboxx
Promoboxx has secured backing from 19 investors, including venture fund and angel investors. Prominent investors backing the company include Techstars, Ascent Venture Partners and Grotech 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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US focused early-stage VC firm
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Founded Year | Domain | Location | |
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Early-stage US tech startups are invested in by Grotech Ventures.
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Founded Year | Domain | Location | |
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VC firm investing in seed & early stage companies in the US
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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 Promoboxx
| 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 - Promoboxx
| 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 |
Promoboxx Comparisons
Competitors of Promoboxx
Promoboxx 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 Zenput, Upside, Global-e, CommerceIQ and Cart.com, 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 |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Promotion management and cashback solutions are provided to retailers.
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| domain | founded_year | HQ Location |
Software solutions for cross-border e-commerce industries are provided.
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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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 Promoboxx
When was Promoboxx founded?
Promoboxx was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Promoboxx located?
Promoboxx is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Promoboxx a funded company?
Promoboxx is a funded company, having raised a total of $12.55M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.38M, raised on Mar 24, 2011.
How many employees does Promoboxx have?
As of Dec 31, 2022, the latest employee count at Promoboxx is 48.
What does Promoboxx do?
Promoboxx is a brand-to-retail marketing platform that allows brands to launch co-branded, customized online campaigns with their retailers in order to strengthen relationships, localize national content, and reach more consumers. On the backend, brands can set up one promotion which is automatically tailored to each of its retailers, and stores can also set up their own promotions using materials and creatives that the brands have provided. After building the promo, it can be automatically shared to Facebook, Twitter and elsewhere on the social web. Its impact (clicks, conversions, etc.) is also monitored from the same dashboard.
Who are the top competitors of Promoboxx?
Promoboxx's top competitors include CommerceIQ, ShopUp and Global-e.
What products or services does Promoboxx offer?
Promoboxx offers Marketing Platform, Paid Ads Service, and Campaign Automation.
Who are Promoboxx's investors?
Promoboxx has 19 investors. Key investors include Techstars, Ascent Venture Partners, Grotech Ventures, LaunchCapital, and Boston Seed Capital.