Lockbox, a Berlin, Germany-based developer of a system that allows depositing deliveries securely at the recipient’s home, has raised a seed financing round of undisclosed amount.
High-Tech Gruenderfonds (HTGF) made the investment.
The company intends to use the funds to expand beyond Berlin to other major cities in Germany in the first quarter of 2015.
Founded in May of 2013 by Thomas Kraker von Schwarzenfeld, Lockbox provides a service to deliver items into a box, which can be deposited securely in front of the recipient’s home. He/she receives a hook individually made from steel (the Lockbox Anchor), which is used by the delivery driver to secure the box. For the recipient, to open the box, no additional key or PIN code is required. The delivery system, which has been filed for patent in Europe, allows making deliveries to the home address without having the customer to be at home.
The company’s managing team also includes Daniel Kraker von Schwarzenfeld (26, COO), Matthias Lill (30, CTO), and Alexander Lutz (42, Head of Sales).