Swapbox is a San Francisco–based startup and Y Combinator Winter 2013 class member building shared, centrally located delivery lockers so users never miss packages. The service pilots with 15 locations in San Francisco using heavily modified gym lockers placed at partner businesses. Users receive a new address to ship packages to Swapbox locations; location partners typically receive a revenue share of the service fee. The company is positioning itself as an open platform that accepts packages from any retailer and aims to shift the cost burden from consumers to ecommerce players once it reaches scale. Swapbox plans geographic expansion to surrounding areas within the next year and broader expansion thereafter, and intends to add features such as an escrow capability for small merchants and private sales. Financially, the company has raised $800,000 in seed funding to support its pilot and early expansion plans.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2013