About RedBox
RedBox is a company based in Riyadh (Saudi Arabia) founded in 2019.. RedBox has raised $11.99 million across 3 funding rounds from investors including Jahez Group, unknown and Vision Ventures. RedBox operates in a competitive market with competitors including Shttle, among others.
- Headquarter Riyadh, Saudi Arabia
-
Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$11.99 M (USD)
in 3 rounds
-
Latest Funding Round
$6.99 M (USD), Series A
Oct 04, 2023
-
Investors
Jahez Group
& 3 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of RedBox
RedBox has successfully raised a total of $11.99M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.99 million completed in October 2023. 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 3
- Last Round Series A — $7.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series A - RedBox | Valuation | Jahez |
|
| Feb, 2022 | Amount | Seed - RedBox | Valuation | unknown , Vision Ventures |
|
| Nov, 2020 | Amount | Seed - RedBox | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in RedBox
RedBox has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Jahez Group, unknown and Vision 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 |
|---|---|---|---|---|
|
Venture capital investments are made in promising startups.
|
Founded Year | Domain | Location | |
|
Private equity firm investing in multiple sectors
|
Founded Year | Domain | Location | |
|
Online food ordering and delivery services are facilitated.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by RedBox
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - RedBox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Redbox Comparisons
Competitors of RedBox
RedBox 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 Shttle, 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 connected locks and keys for secured entry management
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about RedBox
When was RedBox founded?
RedBox was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is RedBox located?
RedBox is headquartered in Riyadh, Saudi Arabia.
Is RedBox a funded company?
RedBox is a funded company, having raised a total of $11.99M across 3 funding rounds to date.
What does RedBox do?
RedBox was established in 2019 in Riyadh, Saudi Arabia, within the logistics sector. Access points via smart lockers are offered for parcel handling in eCommerce delivery. Packages are deposited by drivers at designated lockers, with collection enabled through a PIN delivered by SMS to users. Integration with various eCommerce platforms is supported. A mobile application is accessible on both Android and iOS devices.
Who are the top competitors of RedBox?
RedBox's top competitors include Shttle.
Who are RedBox's investors?
RedBox has 4 investors. Key investors include Jahez Group, unknown, Vision Ventures, and Mad'a Investment.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.