Instabox is a delivery service available to select online partners where packages are delivered to smart box locations 7 days a week.
Instabox offers a hassle-free same-day delivery service through its many smart parcel lockers.
Instabox was founded in 2015 by Alexis Priftis, Staffan Gabrielsson, and Johan Lundin. The company is headquartered in Stockholm, Stockholm, Sweden.
Instabox provides e-commerce deliveries across its locations in Sweden — with a maximum of six hours between the merchant and the consumer — through a smart locker network.
Instabox’s existing smart parcel lockers will serve as mini hubs from where Instabikes bicycle couriers can pick up and deliver packages at the consumer’s doorstep.
Instabox's widespread infrastructure of smart parcel lockers reduces the mileage and enables fossil free home delivery to a larger proportion of the population compared to other freight services.
Instabox's service has been used by millions of Swedes shopping from merchants such as H&M, Ikea, Apotea and Boozt. The company is currently operating more than 1,000 automated parcel machines in Sweden, Denmark and Norway.
Instabox is backed by EQT Ventures, Creades AB, Apotea, CORDET Capital Partners and others. The company raised €75M ($90M) in a Series B round on Feb 10, 2021. This brings Instabox's total funding to $137.1M to date.