HubBox, the provider of out of home delivery software for e-commerce retailers, has raised £6m million in a round led by Puma Growth Partners, a leading provider of growth capital to scale up businesses.
Founded in 2015 by Sam Jarvis (CEO), Claire Jarvis (Chief of Staff), Greg Beszant (VP of Sales EMEA) and Jon Pawley (CTO), HubBox was created to solve the growing frustration with failed home deliveries and rising customer demand for convenient alternatives. Today, HubBox’s software enables retailers to offer local pickup points at checkout, giving customers more flexibility, helping retailers meet delivery expectations and allowing couriers to consolidate volumes and improve margins by increasing parcels per stop.
The software integrates seamlessly with over 1,000 retail systems with HubBox now serving thousands of retailers across the UK, Europe and the US including GAP, Selfridges, Gymshark, Birkenstock and Macy’s. The software is also compatible with all major couriers’ OOH networks.
HubBox’s business model centres on close partnerships with major couriers including UPS, DPD, Royal Mail, Asendia, PostNord and DHL. The company’s innovative Funded License Program, where couriers fund access to HubBox software on behalf of retailers for an initial term, has proven to drive retailer adoption, and positions HubBox as the default OOH solution across the industry.
The global OOH delivery market is projected to grow from $29 billion to $54 billion by 2030, driven by consumer demand, regulatory pressures and sustainability goals. The number of European pickup points has grown from around 190,000 in 2019 to over 500,000 today. HubBox is well positioned to capitalise on this growth, offering a solution that benefits couriers, retailers and shoppers alike.
Puma’s investment will support HubBox’s continued expansion across the UK, Europe and the US, further strengthening its strategic partnerships with major couriers and onboard new retailer clients.
