Sendbox
OperatingSendbox is a Nigeria-based social commerce app for deliveries, payments and online shopping.
- Escrow
- Yaba, Nigeria
- Seed
- Founded 2016
- sendbox.co ↗
- Total raised
- $1.9M
- disclosed
- Last round
- $1.8M
- Seed
- Rounds
- 3
- since 2016
- Investors
- 7
- on record
- Employees
- 11-50
About Sendbox
Sendbox is a Nigeria-based social commerce app for deliveries, payments and online shopping. It is a platform that provides infrastructure for shipping, escrow payments and discovery services to merchants and customers in North America, Europe and Africa, who participate in e-commerce on social platforms like Instagram, Facebook & WhatsApp. It provides shipping and escrow payments to buyers and sellers who use social media for e-commerce.
Sendbox funding3 rounds
All 3 rounds →Sendbox has raised $1.9M across 3 disclosed rounds. The latest is a $1.8M Seed announced 18 Oct 2021.
- $125KSeedSeed, $125K, $125K raised to date
- $1.8MSeedSeed, $1.8M, $1.9M raised to date
SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn
Who has invested in Sendbox
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 18 Oct 2021 | Sendbox Seed | 4DX Ventures +5 | $1.8M |
| 23 Mar 2021 | Sendbox Seed | Y Combinator | $125K |
| 26 Mar 2019 | Sendbox Venture | Microtraction | Not disclosed |
Sendbox founders & team
- Emotu BalogunCo-founder
- Segun AfolahanCo-founder
Sendbox competitorssame sector · similar funding
- NigerianNationPort Harcourt, Nigeria
- ShowloveYaba, Nigeria
More Escrow startups in Africa
- Midddleman
Helping African businesses buy from Asia—secure payments, sourcing, and shipping in one place. · Nigeria
- TradeSafe
TradeSafe is South Africa’s trusted digital financial escrow and payments services provider. · South Africa
Frequently asked about Sendbox
- Where is Sendbox based and when was it founded?
- Sendbox is headquartered in Yaba, Nigeria and was founded in 2016.
- Who founded Sendbox?
- Sendbox was founded by Emotu Balogun (Co-founder) and Segun Afolahan (Co-founder).
- How much funding has Sendbox raised?
- Sendbox has raised $1.9M across 3 disclosed rounds. Its latest, a $1.8M Seed, was announced on Oct 18, 2021.
- Who has invested in Sendbox?
- Backers include 4DX Ventures, Enza Capital, FJLabs, Golden Palm and 3 others.
- What sector is Sendbox in?
- Sendbox operates in Escrow, E-Commerce and Shipping.
