Startup Snapshot:
Startup name: Boxmi
Industry: Logistics, Self-Storage, Warehousing
Business Model: B2C, B2B
Founders: Juan Pablo Guajardo, Patricio Montemayor, Rodrigo GarcÃa Triana
Operates in: Mexico
HQ Location: Monterrey, Mexico
Team Size: 7
Founded: June 2022
Stage: Pre-seed
Investors: Friends and family
Website: https://www.boxmi.mx/
Crunchbase: https://www.crunchbase.com/organization/boxmi
Boxmi’s Purpose:
Boxmi is an innovative on-demand storage business that, through technology, solves the lack of space problems in apartments, houses, and businesses.
Its primary goal is to simplify the storage experience for its customers by leveraging technology and innovation. They provide a modern and convenient solution for individuals, households, and businesses to store their belongings without the hassles associated with traditional storage methods.
Boxmi’s Offerings:
Boxmi removes the tedious, tiring, and stressful work associated with traditional self-storage clients must go through.
Their process is straightforward: the user schedules through the Boxmi platform, qualified personnel arrive at the client's preferred location to pack and protect all items, these items are then transported to a centralized warehouse where they are securely stored, and finally, through a photographic inventory, clients can manage total or partial pickups and deliveries of their items.
Boxmi simplifies and optimizes storage for clients by integrating technology into manual storage processes for seasonal items, business inventory, or personal belongings.
Their service offers cost savings by paying only for the space clients use, hassle-free pickups and deliveries, a photographic inventory for easy belongings management, and the expertise of packing professionals.
Boxmi by the Numbers:
300%+ growth during 2023.
4,000+ items in storage.
90+ NPS.
10X estimated demand for self-storage vs current supply.
2024 Boxmi will reach profitability.
Key Takeaways:
Boxmi offers a hassle-free and superior alternative to conventional self-storage options.
Boxmi offers secure and convenient storage solutions for a wide range of belongings, including clothing, decorations, toys, furniture, business inventories, and more.
They also provide tailored storage solutions for specific space needs with plans starting at 1m2, ensuring flexibility for diverse customer needs.
A unique feature includes a photographic inventory system, allowing clients to monitor and manage their stored items efficiently.
VC Headlines:
Uber is closing alcohol delivery service Drizly three years after acquistion (TechCrunch) - Uber is shutting down alcohol delivery service Drizly three years after the cab-hailing company acquired it for $1.1 billion. Drizly ran independently all this time, and Uber eventually decided to close it, as first reported by Axios.
Blackstone's $2.3B acquisition of Rover clears regulatory hurdle (GeekWire) - Seattle-based pet-sitting company Rover has announced that its $2.3 billion acquisition by Blackstone is nearing completion after the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired.
Prometeo secures $13M in Series A (LatamList) - Prometeo raised $13M in a Series A round with Antler Elevate as the lead investor. Other participants include PayPal Ventures, Samsung Next, and partners from DN Capital, along with existing investors Cometa and Magma Partners.
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