About Sendbox
Sendbox is a company based in Lagos (Nigeria) founded in 2016 by Olusegun Afolahan. Sendbox has raised $1.93 million across 3 funding rounds from investors including Flexport, Microtraction and FJ Labs.
- Headquarter Lagos, Nigeria
- Founders Olusegun Afolahan
- SectorsTransportation, Automotive & LogisticsRetail
- Website sendbox.co
- Total Equity Funding$1.93M (USD)
in 3 rounds
- Latest Funding Round$1.8M (USD), Seed
Oct 2021
- InvestorsFlexport
& 6 more
Funding Insights of Sendbox
Sendbox has successfully raised a total of $1.93M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.8 million completed in October 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.
- Total Funding $1.93M
- Total Rounds 3
- Last Round Seed — $1.8M
- Investors Count 7
All 3 funding rounds of Sendbox with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $1.8M | Seed | – | – | |
| Jun 2021 | $125,000 | Seed | – | Y Combinator | – |
| Jun 2018 | – | Seed | – | Microtraction |
7 investors in total: 7 institutional.
Investors in Sendbox
Sendbox has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Flexport, Microtraction and FJ Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in technology companies are targeted by 4DX Ventures. | – | 4dxventures.com | Accra, Ghana | |
Enza Capital is engaged in venture capital investments across Africa. | – | enza.capital | Nairobi, Kenya | |
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Early-stage investments in African tech startups are provided by Microtraction. | 2017 | microtraction.com | Lagos, Nigeria | |
- | – | gpalminvestments.com | - | |
End-to-end supply chain logistics platform and services are provided. | 2013 | flexport.com | San Francisco, United States |
Investor details for Sendbox
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Sendbox
1 people are tracked at Sendbox (1 in leadership).
| Name | Role | Group |
|---|---|---|
Olusegun Afolahan | Co-Founder | Leadership |
Complete people profiles for Sendbox
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Sendbox
3 dated milestones of Sendbox across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Sendbox is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.8M.
Web traffic of Sendbox
The website of Sendbox (sendbox.co) receives about 10K visits a month.
- Monthly visits10K
▲ 9.5% vs previous month
Websites whose visitors overlap most with Sendbox. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
searchenginegenie.com | searchenginegenie.com | 100% | – | #1,882,343 | – |
Latest news on Sendbox
Complete news archive for Sendbox
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Sendbox
10 companies that operate in the same segment as Sendbox (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Sendbox
Sendbox was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Sendbox is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Sendbox is a funded company, having raised a total of $1.93M across 3 funding rounds to date.
Sendbox was established in 2016 in Lagos, Nigeria, within the logistics sector. A web-based application is offered for managing on-demand deliveries, incorporating features such as pick-up and drop-off locations, package tracking, automatic scheduling and routing, along with payment and delivery processing. The application is accessible on both Android and iOS platforms, supporting operational efficiency in the region.
Sendbox has 7 investors. Key investors include Flexport, Microtraction, FJ Labs, 4DX Ventures, and Enza Capital.