About Shoeboxed
Shoeboxed is a company based in Durham (United States) founded in 2007 was acquired by Earth Class Mail in August 2018.. Shoeboxed has raised $2.51 million across 3 funding rounds from investors including Earth Class Mail and Novak Biddle Venture Partners. Shoeboxed operates in a competitive market with competitors including Ramp, Brex, Navan, Spendesk and Concur, among others.
- Headquarter Durham, United States
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Sectors
Travel & HospitalityTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Shoeboxed, 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
$2.51 M (USD)
in 3 rounds
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Latest Funding Round
$500 K (USD), Series B
Jul 25, 2012
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Investors
Earth Class Mail
& 1 more
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Employee Count
Employee Count
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Acquired by
Earth Class Mail
(Aug 22, 2018)
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Funding Insights of Shoeboxed
Shoeboxed has successfully raised a total of $2.51M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $500 thousand completed in July 2012. 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 B — $500,000
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First Round
First Round
(01 Jun 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Series B - Shoeboxed | Valuation |
investors |
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| Jun, 2011 | Amount | Series B - Shoeboxed | Valuation | Novak Biddle Venture Partners |
|
| Jun, 2008 | Amount | Series A - Shoeboxed | 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 |
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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 Shoeboxed
Shoeboxed has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Earth Class Mail and Novak Biddle Venture Partners. 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 VC firm
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Founded Year | Domain | Location | |
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Online mail management services are provided for individuals and businesses.
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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 Shoeboxed
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Shoeboxed
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shoeboxed Comparisons
Competitors of Shoeboxed
Shoeboxed 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 Ramp, Brex, Navan, Spendesk and Concur, 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 |
Spend management and accounts payable solutions are delivered to businesses.
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| domain | founded_year | HQ Location |
SaaS-driven credit card and spend management solutions platform for businesses
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| domain | founded_year | HQ Location |
Corporate travel and expense management are facilitated through SaaS platform.
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| domain | founded_year | HQ Location |
Provider of prepaid cards for financial benefits of employees
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| domain | founded_year | HQ Location |
Corporate travel expenses and invoices are managed via SaaS platform.
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| domain | founded_year | HQ Location |
Corporate cards and expense management are offered to businesses.
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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 Shoeboxed
When was Shoeboxed founded?
Shoeboxed was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Shoeboxed located?
Shoeboxed is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Is Shoeboxed a funded company?
Shoeboxed is a funded company, having raised a total of $2.51M across 3 funding rounds to date. The company's 1st funding round was a Series A of $580K, raised on Jun 01, 2008.
What does Shoeboxed do?
Shoeboxed was founded in 2007 in Durham, United States, as a SaaS platform focused on receipt and expense management within the financial software sector. Operations center on digitizing and organizing receipts for consumers and businesses, particularly business travelers. Services provided include automated expense report generation, storage of IRS-accepted receipt images, and integration tools for tracking expenditures across various platforms. The solution supports compliance and efficiency in expense handling.
Who are Shoeboxed's investors?
Shoeboxed has 2 investors. Key investors include Earth Class Mail, and Novak Biddle Venture Partners.