About Shopbox
Shopbox is a company based in Copenhagen (Denmark) founded in 2011 by Ramy Selim, Christian Elbek Obling Elbek, and Christian Zigler.. Shopbox has raised $4.06 million across 3 funding rounds from investors including Michael Bendtsen, Daniel Åxman and Zenith VC. Shopbox offers products and services including POS, Weorder, Self-service POS, Shopbox Pay, and Hardware. Shopbox operates in a competitive market with competitors including PayRange, FreedomPay, CM Telecom, QueueBuster and Softpay.io, among others.
- Headquarter Copenhagen, Denmark
- Founders Ramy Selim, Christian Elbek Obling Elbek, Christian Zigler
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Shopbox Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.06 M (USD)
in 3 rounds
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Latest Funding Round
$274.97 K (USD), Series A
Dec 30, 2020
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Investors
Zenith VC
& 2 more
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Employee Count
Employee Count
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Products & Services of Shopbox
Shopbox offers a comprehensive portfolio of products and services, including POS, Weorder, Self-service POS, Shopbox Pay, and Hardware. 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.
Manages sales, inventory, and reporting for businesses.
Facilitates online orders for restaurants and takeaways.
Enables customer self-service for ordering and payments.
Handles secure payments and integrations for transactions.
Provides terminals and packages for business operations.
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Funding Insights of Shopbox
Shopbox has successfully raised a total of $4.06M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $274.97 thousand completed in December 2020. 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 — $274,971
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First Round
First Round
(26 Nov 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series A - Shopbox | Valuation |
investors |
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| May, 2020 | Amount | Angel Round - Shopbox | Valuation | Michael Bendtsen , Daniel Åxman |
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| Nov, 2015 | Amount | Series A - Shopbox | Valuation |
investors |
| 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 Shopbox
Shopbox has secured backing from 3 investors, including angel and venture fund investors. Prominent investors backing the company include Michael Bendtsen, Daniel Åxman and Zenith VC. 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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Early-stage investments are provided to B2B software and AI companies.
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Founded Year | Domain | Location | |
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MB
Michael Bendtsen |
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Founded Year | Domain | Location |
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DÅ
Daniel Åxman |
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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 Shopbox
| 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 - Shopbox
| 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 |
Shopbox Comparisons
Competitors of Shopbox
Shopbox 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 PayRange, FreedomPay, CM Telecom, QueueBuster and Softpay.io, 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 |
Mobile payments for vending machines are facilitated via smartphone app.
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| domain | founded_year | HQ Location |
Online payment gateway and MPOS solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Provider of engagement platform with AI agents and unified data tools
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| domain | founded_year | HQ Location |
All-in-one POS and business management system is provided.
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| domain | founded_year | HQ Location |
Android devices are converted into POS systems for contactless payments.
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| domain | founded_year | HQ Location |
Cloud-based POS and inventory management software is provided for retailers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Shopbox
Frequently Asked Questions about Shopbox
When was Shopbox founded?
Shopbox was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Shopbox located?
Shopbox is headquartered in Copenhagen, Denmark.
Who is the current CEO of Shopbox?
Christian Elbek Obling Elbek is the current CEO of Shopbox. They have also founded this company.
Is Shopbox a funded company?
Shopbox is a funded company, having raised a total of $4.06M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.32M, raised on Nov 26, 2015.
What does Shopbox do?
Shopbox was founded in 2011 in Copenhagen, Denmark. Cloud-based point-of-sale and checkout solutions are offered to businesses in the retail sector. Sales, inventory, employee management, and payments are facilitated through the platform. Compatibility with various hardware is maintained for payment processing. Customer loyalty programs and reporting tools are included as standard features. Integrations with e-commerce platforms such as WooCommerce, Magento, and Shopify are supported.
Who are the top competitors of Shopbox?
Shopbox's top competitors include PayRange, FreedomPay and CM Telecom.
What products or services does Shopbox offer?
Shopbox offers POS, Weorder, Self-service POS, Shopbox Pay, and Hardware.
Who are Shopbox's investors?
Shopbox has 3 investors. Key investors include Michael Bendtsen, Daniel Åxman, and Zenith VC.
What is Shopbox's valuation?
The valuation of Shopbox is $6.46M as of May 2020.
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