RedBox SA

Beyond Delivery! Largest Parcel Locker network in the MENA Region

General Information
Company Name
RedBox SA
Founded Year
2019
Location (Offices)
Saudi Arabia +1
Founders / Decision Makers
Number of Employees
81
Industries
E-Commerce, Logistics, Logistics and Delivery
Funding Stage
Series A
Social Media

RedBox SA - Company Profile

RedBox SA is a Saudi Arabian startup that has been making waves in the e-commerce and logistics industries since its establishment in 2019. The company's slogan, "Beyond Delivery! Largest Parcel Locker network in the MENA Region," encapsulates their mission to revolutionize the delivery process. RedBox SA boasts the largest Parcel Locker network in the MENA Region, offering customers the convenience of having their online purchases delivered directly to the nearest RedBox locker for a fast and hassle-free experience. Having recently secured a significant $7.00M Series A investment on October 4, 2023, from Jahez International Company, RedBox SA has demonstrated its potential to attract substantial backing from prominent investors. This injection of funds is a testament to the confidence that Jahez International Company has in the future prospects of RedBox SA, further solidifying the startup's position in the market. With its headquarters situated in Saudi Arabia, RedBox SA is well-positioned to capitalize on the growing e-commerce and logistics sectors in the region. The company's innovative approach to streamlining the delivery process aligns with the evolving demands of modern consumers, highlighting its potential for growth and success in the coming years. As RedBox SA continues to expand its operations and gain traction in the market, its strategic vision and strong investor backing position the startup for a promising trajectory in the future.

Taxonomy: parcel locker, smart technology, MENA region, online shopping, delivery, innovation, convenience, technology, smart boxes, shipping

Funding Rounds & Investors of RedBox SA (5)

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Funding Stage Amount No. Investors Investors Date
Series A $7.00M 1 04 Oct 2023
Seed Round $5.00M 2 RAAF Holding Company 25 May 2022
Seed Round SAR11.50M 2 RAF Investments 13 Feb 2022
Seed Round $250.00K 1 04 Aug 2021
Seed Round $1.20M 1 15 Nov 2020

Latest News of RedBox SA

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No recent news or press coverage available for RedBox SA.

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