Startup BoxLock Closes $4.5 Million Funding Round

thumbnail

BoxLock’s safe and secure plan delivery technology option is now safeguarding thousands of deliveries made by UPS, USPS, FedEx and Amazon to homes and organisations throughout the U.S. BoxLock is dealing with a growing issue as more than 1.7 million plans are lost or stolen each day, and 2020 price quotes forecast an $89 billion international loss to carriers for parcels not provided on the very first shot. The organisation outlook for BoxLock is substantial as B2B last mile shipments likewise increased 33% in 2018 making the efficiency of the last and very first mile important to every supply chain. Launched in 2017, BoxLock is the industry leader in safe and secure, unattended shipment technology.

BoxLock’s protected plan delivery innovation option is now securing thousands of shipments made by UPS, USPS, FedEx and Amazon to houses and companies across the U.S. BoxLock is dealing with a growing issue as more than 1.7 million packages are lost or stolen each day, and 2020 price quotes predict an $89 billion global loss to providers for parcels not provided on the first try. The business outlook for BoxLock is significant as B2B final mile shipments likewise increased 33% in 2018 making the performance of the first and last mile critical to every supply chain. “BoxLock addresses both a business-to-consumer and business-to-business issue by providing efficient solutions to make sure safe and secure, ignored property transfers throughout the most vital leg of the process– the final mile. Introduced in 2017, BoxLock is the industry leader in secure, ignored delivery innovation.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top