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boxitstorage.com

Founded Year

2015

Stage

Corporate Minority - II | Alive

Total Raised

$2.38M

Last Raised

$1.05M | 2 yrs ago

About Boxit

Boxit is a technological platform that connects people who need extra space to store their personal items with reputable logistic companies that wish to share their extra storage space and can take care of the transportation.

Boxit Headquarter Location

Boutique Villa No. 7 Al Sufouh Road, Dubai Knowledge Village

Dubai,

United Arab Emirates

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Latest Boxit News

UAE-Based Self Storage Startup Boxit Eyes GCC Expansion Following Latest Investment

Dec 6, 2020

With growth doubling during the COVID-19 pandemic, Boxit’s storage platform is a hit in UAE and Kuwait. Shares Moving is one of those universal activities that no one enjoys, and UAE-based startup Boxit knows it. With operations in Kuwait and the UAE, Boxit has created a proprietary self-storage system that has both inventory tracking and management capabilities. Their customers are able to store their belongings in secure storage facilities and only pay for the volume they occupy without ever having to step foot into a storage facility. Following its second round of funding, led by Kuwait’s Alif Ba, the UAE-headquartered startup intends to build the personal/SME storage vertical in the region over next few years. They are positioning themselves for expansion into other major GCC cities that have that product-market fit and would benefit from a platform such as Boxit’s ‘valet storage’ offerings. In 2018, the company's compound annual growth rate was 145%, and 160% over the same period last year. The startup claims that, since the start of 2020, that has doubled - despite the pandemic. Premlal Pullisserry, Co-Founder of Boxit said, "We were fortunate to engage with the right partners at the right time, the combination of which allowed us to unlock the platform and team’s full potential and embark on a journey of significant growth and eventually market leadership in the region in the years to come." Sign up for the daily Startup Digest. 0

Boxit Web Traffic

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  • When was Boxit founded?

    Boxit was founded in 2015.

  • Where is Boxit's headquarters?

    Boxit's headquarters is located at Boutique Villa No. 7, Dubai.

  • What is Boxit's latest funding round?

    Boxit's latest funding round is Corporate Minority - II.

  • How much did Boxit raise?

    Boxit raised a total of $2.38M.

  • Who are the investors of Boxit?

    Investors of Boxit include Alif Ba Holding, In5, Wamda Capital, Saad Mouasher, Arzan Venture Capital and 7 more.

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