Series A · Logistics · Madrid, Spain · Founded 2015 · 200–250 employees
Citibox operates smart mailbox technology that solves the last-mile delivery problem by installing parcel lockers inside residential buildings, enabling 24/7 package delivery and pickup. The company has raised €80 million in debt funding in 2024 to expand from 50,000 to 600,000 smart mailboxes across Spain over three years, targeting 50% of residents in the top 10 Spanish cities. Their solution reduces CO2 emissions by 52% per package and ensures 100% first-attempt delivery success. The company has over 250 employees and expects to close 2024 with €135 million in consolidated revenue.
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