Growth Credit Partners
Meridien House, 43 Upper Berkeley Street, London, England, W1H 5QL, United Kingdom
Overview
Growth Credit Partners is a credit investment firm that provides tailored credit and hybrid capital solutions to tech-enabled companies with predictable revenue or collateral.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Citibox
Led · Debt Financing · Jul 2024
Citibox develops and operates a network of smart mailboxes installed in residential buildings to enable parcel delivery and returns directly to homes. The company currently operates over 60,000 mailboxes across cities such as Madrid, Barcelona, and London, and maintains a network of about 7,000 convenience points. Headquartered in Madrid, Citibox positions itself as a neutral operator of urban logistics infrastructure across public and private spaces. It has signed a Europe-wide collaboration agreement with Amazon to allow Amazon customers to receive parcels in Citibox mailboxes with 24/7 access. Citibox says centralizing deliveries at building-level mailboxes reduces delivery trips and can cut CO₂ emissions from last-mile logistics by up to 69%. With the new financing, the company plans to deploy 600,000 additional smart mailboxes, initially targeting Spain and the UK and expanding to other European cities over time.
Team
No current team members are available.