Boxclever

Boxclever is a UK-based company specializing in the rental of high-quality consumer electronics and domestic appliances, providing flexible, cost-effective solutions for homeowners and renters. Boxclever operates in Bedford, UK, providing rental services for consumer electronics and domestic appliances. Founded by Bryan Gilmore, the company has evolved to focus on enhancing user convenience with products like the Manhattan Freeview Play 4K TV Recorder. In May 2011, the company was acquired by Weight Partners Capital.

The latest funding round was a Buyout amounting to EUR 200. 00 mn, raising a total of EUR 200. 00 mn. Investors in this round included Cerberus Capital Management and Fortress Investment Group.

Boxclever specializes in the rental of high-quality consumer electronics and domestic appliances, including Ultra HD Televisions, Smart Televisions, Digital TV Recorders, Blu-ray Players, Washing Machines, Tumble Dryers, Dishwashers, and Fridge Freezers. Their flagship product, the Manhattan Freeview Play 4K TV Recorder, integrates live, recorded, and on-demand television into one device, catering to clients across the UK seeking reliable home technology solutions. In 2023, Boxclever reported a revenue of EUR 11,620,842 and an EBITDA of EUR 7,867,889. The company utilizes a rental business model, generating revenue through recurring subscription fees from customers, appealing to consumers preferring flexible rental agreements over significant upfront costs.

Boxclever plans to develop and launch new products tailored to consumer needs in 2024. The company aims to expand into new markets in Europe by 2025, utilizing the recent funding from the EUR 200. 00 mn Buyout in May 2011 to support these initiatives.