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UK-based HubBox secures €6.8M in funding to grow its pickup-point delivery software and further develop its operations and partnerships.
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London-based HubBox, the provider of out-of-home (OOH) delivery software for e-commerce retailers, has raised £6M (nearly €6.81M) in funding.
The round was led by the UK’s Puma Growth Partners, which provides growth capital to scale-up businesses. The firm invests between £4M and £10M in companies across the UK and works closely with management teams to support expansion and strengthen operations.
Charlotte Howe, Investment Manager at Puma Growth Partners, says, “HubBox has built a scalable solution to one of e-commerce’s most persistent challenges, which is checkout integration for alternative delivery options. Their technical expertise, strong commercial traction and excellent courier relationships make them a standout player in the logistics tech space.”
“The company is well on its way to becoming a dominant force in the future of e-commerce logistics, and we are delighted to be backing Sam and the team on their next stage of growth.”
Shifting delivery toward pickup points
Founded in 2015 by Sam Jarvis, Claire Jarvis, Greg Beszant and Jon Pawley, HubBox aims to address problems linked to failed home deliveries and the rising use of alternative delivery methods.
The platform allows retailers to offer local pickup points, giving customers additional collection options while enabling couriers to group parcel volumes more efficiently.
The company’s software integrates with more than 1,000 retail systems and is used by retailers across the UK, Europe and the US, including GAP, Selfridges, Gymshark, Birkenstock and Macy’s. The system works with OOH (out-of-home) networks operated by major couriers.
HubBox’s business model is built around partnerships with carriers such as UPS, DPD, Royal Mail, Asendia, PostNord and DHL.
The company claims that its Funded License Program, which allows couriers to cover software access for retailers for an initial period, has supported wider adoption and strengthened HubBox’s position within the OOH delivery sector.
Capital utilisation
The funds will help HubBox grow in the UK, Europe and the US. It will also help the company deepen its work with couriers and bring in more retailer clients.
Sam Jarvis, CEO of HubBox, says, “Offering pickup at checkout is key to accelerating the shift to out-of-home delivery, and HubBox has been leading the charge for nearly a decade as the market leader in this space. Now, as demand for HubBox from couriers, retailers and shoppers continues to surge, we’re expanding our investment in people and software to meet it.”
“We’re truly thrilled to partner with Puma to take this exciting next step. With OOH on track to overtake home delivery, the opportunity is huge – and we’re just getting started.”
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