RedBox: Funding, Investors & Team (Sep 2026)
RedBox is an intelligent parcel locker company that offers a solution for online shoppers to choose shipping methods and receive their packages. They define their service as a platform that enables chosen online retailers to receive deliveries at smart lockers every day of the week.
RedBox has raised $15.2M across 3 funding rounds on record, the most recent a Series A of $7.0M announced in Oct 2023.
That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
RedBox Company Profile and Key Stats
Latest funding round on record: Oct 2023.
RedBox Funding Rounds
RedBox raised $3.1M in a Seed announced in Feb 2022.
3 months later, a Seed of $5.1M was announced in May 2022.
1.4 years later, a Series A of $7.0M was announced in Oct 2023.
RedBox Founders and Leadership Team
Contact details for the RedBox team: 1 of 2 have an email address on file.
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RedBox's latest round of $7.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
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RedBox Funding FAQs
What does RedBox do?
RedBox is an intelligent parcel locker company that offers a solution for online shoppers to choose shipping methods and receive their packages. They define their service as a platform that enables chosen online retailers to receive deliveries at smart lockers every day of the week.
How much funding has RedBox raised?
RedBox has raised $15.2M across 3 rounds on record. The most recent is a Series A of $7.0M announced in Oct 2023.
When did RedBox last raise funding?
RedBox's most recent funding round on record is a Series A of $7.0M, announced in Oct 2023.
Who founded RedBox?
FundedIQ lists Diego Meuti (Founder), Thamer Altuwaiyan (Founder) at RedBox.
Where is RedBox headquartered?
RedBox is based in Riyadh, Ar Riyad, Saudi Arabia.
How many employees does RedBox have?
RedBox is in the 101-250 employee band.
How does RedBox's funding compare to other Commerce and Shopping startups?
RedBox's latest round of $7.0M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's RedBox Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for RedBox is left off this page rather than filled in.
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