Boxbot Raises $12M Series A Led By Playground Global To Help Last Mile Carriers Increase Productivity At Significantly Lower Cost
Amount Raised
$12 Million
Round Type
Series A
AlamedaSoftwareInvestors
Description
Boxbot, the vertical automation solution that sorts and stores packages for last-mile carriers, announced today a $12 million Series A round, led by Playground Global. Maersk Growth (the venture arm of A.P. Moller), Toyota Ventures, Pear Ventures, and Artiman Ventures also participated in the round, which brings the company’s total funding to $29.5 million. The funds will be used to accelerate the company's mission of enabling carriers to provide more efficient delivery experiences and bolster the team’s engineering and business operations
Quick answer
Boxbot raised $12 Million in a Series A round, dated September 18, 2023. Investors: Pear VC, Richard Peretz, Playground Global Venture Partner, Artiman Ventures, Toyota Ventures, Maersk Growth and Playground Global. Boxbot is based in Alameda, California, United States.
- How much did Boxbot raise?
- Boxbot raised $12 Million in a Series A round on September 18, 2023.
- Who invested in Boxbot?
- Pear VC, Richard Peretz, Playground Global Venture Partner, Artiman Ventures, Toyota Ventures, Maersk Growth and Playground Global are named as investors in this round.
- What does Boxbot do?
- Boxbot transforms conveyors into intelligent, three-dimensional package handling systems.
- Where is Boxbot based and how big is it?
- Boxbot is based in Alameda, California, United States.
- Who are the decision-makers at Boxbot?
- Fundz holds 1 contact at Boxbot. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software around the same time
Companies in the same sectors as Boxbot that raised within 45 days of this round, from Fundz verified event records.
- Cursor raised $8M (Funding Round) on October 11, 2023.
- Streamline Software raised $300K (Seed) on November 2, 2023.
- Accelex raised $15M (Series A) on November 2, 2023.
- TRAFiX raised an undisclosed amount on November 2, 2023.
- 40grid raised $1.8M (Seed) on November 2, 2023.
- FusionAuth raised $65M (Funding Round) on November 1, 2023.
Who to call at Boxbot, and when
A new round usually means Boxbot is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Boxbot raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Boxbot, from your own LinkedIn network
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Funding Insights
What this usually meansBoxbot raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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