Box at Work GmbH
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Box at Work GmbH - overview
Established
2014
Location
Berlin, -, Germany
Primary Industry
Logistics & Distribution
About
Box at Work GmbH offers innovative storage solutions with a focus on convenience for both individual and business clients, streamlining the process of storage management through efficient pick-up services. Founded in 2014 and headquartered in Berlin, Germany, Box at Work GmbH specializes in storage solutions through a unique pick-up service. The company raised EUR 5. 5 million in Series A funding on June 23, 2016, solidifying its financial foundation for growth.
The company does not have known subsidiaries or significant pivots in its business strategy since its inception. Box at Work GmbH provides a comprehensive storage solution that incorporates a convenient pick-up service for individual and business clients. Customers can schedule the collection of items from their locations, which are securely stored in facilities managed by the company. This service is designed for personal storage, business inventory management, and temporary storage needs, making it suitable for a diverse clientele including students and small businesses.
The company operates in various markets, including the United States, Germany, and Australia, ensuring widespread accessibility. Box at Work GmbH generates revenue through a transactional model based on direct-to-consumer services and business partnerships. Clients utilize the pick-up service for various items, with pricing typically determined by the volume of items stored and the duration of storage. The company also offers tailored pricing plans for long-term storage solutions, thereby providing immediate access to storage services while ensuring a consistent revenue stream.
Looking ahead, Box at Work GmbH intends to leverage its Series A funding of EUR 5. 5 million raised on June 23, 2016, to enhance its service offerings and explore new market opportunities. The company is planning to introduce new storage solutions designed for specific customer needs, with potential rollouts aimed for late 2023. Additionally, Box at Work GmbH is targeting expansion into new geographic regions, specifically focusing on increased presence in Europe and North America by 2024.
Primary Industry
Logistics & Distribution
Sub Industries
Warehouses
Website
www.boxatwork.com
Company Stage
Series A
Total Amount Raised
Subscriber access only
Box at Work GmbH - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - |
| EBITDA (USD) | - | - | - | - | - |
| Operating Income (USD) | - | - | - | - | - |
| Operating Margin | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - |
| NET Income (USD) | (190,526.5) | 105,324.1 | - | - | - |
| % Net Margin | - | - | - | - | - |
Box at Work GmbH - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A | Completed | Box at Work GmbH | - |
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