Sendbox Analysis: $2M Raised
What is Sendbox?
Sendbox offers local and international delivery services for e-commerce and social commerce sellers, streamlining shipping and payment processes for personal and business needs.
Employees
25
Founded
2018
Revenue
$5-9.3M
Company Stage
Seed
YC Batch
W21
Product Features & Capabilities
- Local and international shipping, e-commerce payments, bill payments, one-off deliveries, platform integrations, services for offline, online, and social sellers, visibility and distribution for retailers and brands, courier operations improvement, marketplace automation, agent and franchise partner
How much Sendbox raised
s for Sendbox: - $1.8 million
October 2021Lead Investor: 4DX Ventures, Enza Capital, FJLabs, Golden Palm Investments, Flexport, Y Combinator
Who are the founders of Sendbox
EB
Emotu Balogun
Co-founder & CEO
OA
Olusegun Afolahan
Founder
Investors
- 4DX Ventures
- Enza Capital
- Y Combinator
- FJ Labs
- Golden Palm Investments
- Flexport
- Microtraction
- Decentralized VC
- Launch Academy
- Kepple Africa Ventures
Company Pricing
- Local Delivery: - ₦5,700 for up to 2 kg within Nigeria.
- International Delivery: - **To the US and Canada**: ₦6,900 per kg (minimum 10 kg); delivery takes 7-10 working days.