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
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$11.99 M (USD)
in 3 rounds
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Latest Funding Round
$6.99 M (USD), Series A
Oct 04, 2023
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Investors
Jahez Group
& 3 more
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Employee Count
Not available
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People of RedBox
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are made in promising startups.
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Private equity firm investing in multiple sectors
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Online food ordering and delivery services are facilitated.
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Locked | Locked | Locked |
Investor details for RedBox
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Investments & Acquisitions by RedBox
Investment portfolio details for RedBox
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Financial Statements - RedBox
Detailed financials for RedBox
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Redbox Comparisons
Peer comparison for RedBox
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of connected locks and keys for secured entry management
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Detailed competitors of RedBox
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Latest news on Redbox
Complete news archive for RedBox
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Frequently Asked Questions about RedBox
RedBox was founded in 2019 and raised its 1st funding round 1 year after it was founded.
RedBox is headquartered in Riyadh, Saudi Arabia.
RedBox is a funded company, having raised a total of $11.99M across 3 funding rounds to date.
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.
RedBox's top competitors include Shttle.
RedBox has 4 investors. Key investors include Jahez Group, unknown, Vision Ventures, and Mad'a Investment.