Britain’s HubBox collects €6.8 million in growth funding as demand rises for pickup-point delivery options
London-based HubBox, a provider of out-of-home (OOH) delivery software for e-commerce retailers, has secured €6.8 million in growth funding, signaling growing demand for alternative delivery methods in Europe. This investment, led by Puma Growth Partners, highlights the increasing importance of flexible pickup options for online shoppers. The funding will fuel HubBox's expansion of its software and team to meet the surging needs of couriers, retailers, and customers. HubBox's software integrates with over 1,000 retail systems, serving thousands of retailers across the UK, Europe, and the US, including major brands like GAP and Gymshark. The company partners with major couriers such as UPS and DHL, facilitating streamlined delivery solutions. HubBox's Funded License Program, where couriers fund retailer access to the software, has proven effective in accelerating adoption. This investment aligns with a broader trend of significant funding in European logistics and e-commerce infrastructure startups. Other companies like Relay, HIVED, and Lyzer have secured substantial funding to modernize parcel delivery and expand their networks. This growth underscores the dynamic shift in e-commerce towards convenient, customer-centric delivery solutions, poised to shape the future of online retail.
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