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Software eComm enabled Logistics - automated shipping to/from kiosks. (YC W13)

Software eComm enabled Logistics - automated shipping to/from kiosks. (YC W13)

Swapbox allows customers to send and receive packages without waiting in line at the post office. We're Amazon Locker for all the other e-commerce (+ Amazon). These services run asynchronously, users simply visit a neighborhood convenience store (7-11), grocery store (Safeway), or gas station (Shell), or any other frequented location we're in. No coordination. No waiting.

Each standard box configuration can make $1K / month just off of receiving packages (with 65% margins, more as we scale), with additional compartments and services like shipping, the potential is even higher. Swapbox users are hooked - We have extremely low churn (<1.5% monthly).

The opportunity: $15B lost just on missed deliveries in the US per year (postal itself is a $1T market). Every top 10 metro has the demand for at least 500 Swapboxes.

20+ Swapboxes in SF so far, but that was just the test! We have partners in place to scale fast with $0 upfront capital.

Check out swapbox.com

Nitin Shantharam

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Director of Engineering @Art.com Previously Founder & CTO @Swapbox • Worked at @Google on Google Reader, @Microsoft on Xbox and Kinect.

Neel Murthy

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Lead Growth @Goldbelly. Food Explorer! Previously CEO @Swapbox. BS in CS from @Stanford University. Dropped out of MSCS/MBA for W13 batch of @Y Combinator.
Total raised

$800K

Funded over

1 round

Latest round

Seed (Dec 2013)

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