# Instabee: Information technology & services, Stockholm, Sweden

> Instabee: Instabee is a Nordic last-mile delivery and logistics company based in Stockholm, Sweden. Based in Stockholm, Sweden. Founded 2022.

Source: https://millionrounds.com/startup/instabee (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Information technology & services startup](https://millionrounds.com/companies)

# Instabee

Instabee is a Nordic last-mile delivery and logistics company based in Stockholm, Sweden.

Funding reported Last round: Convertible note

Information technology & services Stockholm, Sweden

Company summary

- **Founded:** 2022 4 years old
- **Team:** 560 201 to 1,000 people
- **Funding reported:** 500M as listed, currency not stated
- **Last round:** Convertible note Jun 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Instabee has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Instabee

Instabee is a Nordic last-mile delivery and logistics company based in Stockholm, Sweden.

Formed in 2022 from the merger of Budbee and Instabox, and later incorporating Porterbuddy, Instabee operates in six European markets. The company focuses on providing consumer-centric e-commerce delivery solutions that enhance the convenience and sustainability of parcel delivery and returns. Instabee specializes in last-mile delivery for online shopping, offering services that include home delivery, parcel locker options, returns handling, delivery-time selection, and tracking. The company operates under three brands: Budbee, Instabox, and Porterbuddy, which together support a comprehensive delivery network. Instabee serves a wide range of online merchants, including well-known names like ASOS, Zalando, Inditex, and H&M, reaching millions of consumers across its markets. The company is backed by notable investors such as Kinnevik, Creades, and EQT.

## What company datasets say Instabee raised

Funding, as reported

Reported in all **500M** in the source's currency

Rounds **1**

Last round **Convertible note**

Last round size **26.1M**

Last round date **Jun 2023**

Investors listed **2**

## Founders and team

From Instabee's own website: 7 on the team.

- **Alexis Priftis** Member of the Board
- **Anders Eriksson** Member of the Board
- **Carl Tham** Member of the Board
- **Caspar Sjöstrand** Member of the Board
- **Christian Jebsen** Member of the Board
- **John Hedberg** Member of the Board
- **Martin Randel** Chairman of the Board

## On 4 portfolio pages

Investors who name them

- [H&M Group Ventures (Prev. H&M CO:LAB)](https://millionrounds.com/fund/h-and-m-group-ventures-prev-h-and-m-co-lab)
- [Wallcross](https://millionrounds.com/fund/wallcross)
- [CNI](https://millionrounds.com/fund/cni)
- [NCPA Capital](https://millionrounds.com/fund/ncpa-capital)

Each firm lists Instabee on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

clean energy & technology consumers smart logistics systems green delivery options distribution carbon footprint reduction tech-enabled logistics information technology & services fossil-free mark initiative route planning software delivery tracking route optimization parcel lockers couriers and express delivery services environmental services sustainable delivery

Built with from their website

GitHub Actions Google Maps Tableau dbt Atlassian Google Cloud Font Awesome Fivetran Google Workspace CloudFlare

+8 more

Viewport Meta MongoDB Atlassian Cloud Google Cloud BigQuery Element UI PostgreSQL Varnish webpack

- **Sector:** Information technology & services
- **Industry code:** NAICS 492110, 488510, SIC 4215
- **Region:** Stockholm County
- **Revenue:** 122.4M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/instabee)

## Information technology & services in Sweden

Startups like it

- [**Lovable** Stockholm · founded 2023 *Raised*](https://millionrounds.com/company/lovable)
- [**Legora** Stockholm · founded 2023 *Raised*](https://millionrounds.com/company/legora)
- [**Syncron** Stockholm · founded 1999 *Raised*](https://millionrounds.com/company/syncron)
- [**evroc** Stockholm · founded 2022 *Raised*](https://millionrounds.com/company/evroc)
- [**Endra** Stockholm · founded 2024 *Raised*](https://millionrounds.com/company/endra)
- [**Natural Cycles** Stockholm · founded 2013 *Raised*](https://millionrounds.com/company/natural-cycles)
- [**Validio** Stockholm · founded 2019 *Raised*](https://millionrounds.com/company/validio)
- [**Epidemic Sound** Stockholm · founded 2009 *Raised*](https://millionrounds.com/company/epidemic-sound)

## Is this your company?

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