When was Budbee founded?

Budbee was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Budbee located?

Budbee is headquartered in Stockholm, Sweden.

How many employees does Budbee have?

As of Aug 31, 2026, the latest employee count at Budbee is 320.

Is Budbee a funded company?

Budbee is a funded company, having raised a total of $136M across 7 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Mar 29, 2016.

How much is Budbee worth?

The latest valuation of Budbee is $***** as of May 23, 2022.

When was the latest funding round of Budbee?

Budbee's latest funding was a $***** Series C round on May 23, 2022, with participation from 4 investors. Its primary sector is Logistics Tech. In Sweden, the Logistics Tech sector has seen $148M in funding in 2026 to date.

Where does Budbee rank among its competitors?

Budbee ranks 2nd amongst 6 active competitors, only 1 of which is funded. Budbee, which secured $42.2M in May, 2022.

Who are the top competitors of Budbee?

Budbee's top competitors include Gordon Delivery, ShipMyKart and Urb-it. Among them, Budbee secured the most recent funding round in May, 2022.

Budbee - 2026 Company Profile, Team, Funding, Competitors & Financials

Budbee is a series C company based in Stockholm (Sweden), founded in 2015 by Fredrik Hamilton and Axel Warg. It operates as a Provider of sustainable logistics & delivery services for e-commerce businesses. Budbee has raised $136M in funding from investors like Kinnevik, H&M Group Ventures and AMF, with a current valuation of $*****. The company has 6 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Gordon Delivery, ShipMyKart and Urb-it.

Company Details

Provider of sustainable logistics & delivery services for e-commerce businesses. It offers same-day deliveries, scheduled deliveries, and returns services. It enables delivery tracking, order booking, and specification of address details. Its app is available across both Android and iOS platforms. It also offers a smart delivery service where the parcel is delivered to the Budbee Box and the customers will receive the pin code to access the box.

Website: budbee.com
Social
Email ID: *****@budbee.com

Key Metrics

Founded Year

2015

Location

Stockholm, Sweden

Stage

Series C

Total Funding

$136M in 7 rounds

Latest Funding Round

Series C, May 23, 2022, $*****

Post Money Valuation

$***** as on May 23, 2022

Investors

Kinnevik & 12 more

Ranked

2^nd among 6 active competitors

Employee Count

320 as on Aug 31, 2026

Similar Companies

Veho & 385 more

View Budbee's full profile

Budbee is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Budbee Germany GmbH CIN: F1103_HRB233721B , Germany, Active	Sep 17, 2021	-	-
Budbee Denmark ApS CIN: 39772361 , Denmark, Active	Aug 05, 2018	-	26 (As on Mar 31, 2024)
BUDBEE AB CIN: 556898-3414 , Sweden, Active	Dec 31, 2014	$10M - $50M (As on Dec 31, 2020)	-	-

Budbee has raised a total funding of $136M over 7 rounds. Its first funding round was on Mar 29, 2016. Its latest funding round was a Series C round on May 23, 2022 for $*****. 4 investors participated in its latest round. Budbee has 7 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Budbee:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 23, 2022	9677120	Series C	7753140	2644657	4145857	1913517
Jan 14, 2021	9311550	Series C	4736573	5800362	5941870	Stena Sessan
Apr 17, 2020	8092331	Series B	7128420	7929304	Kinnevik	7880534

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View details of Budbee's funding rounds and investors

The founders of Budbee are Fredrik Hamilton and Axel Warg.

Here are the details of Budbee's key team members:

Fredrik Hamilton: Co-Founder & CEO of Budbee and founder of 1 other company.
Axel Warg: Co-Founder of Budbee.

View details of Budbee's Founder profiles and Board Members

Budbee's employee count trend

Budbee has 320 employees as of Aug 26. Here is Budbee's employee count trend over the years:

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Top competitors of Budbee include Gordon Delivery, ShipMyKart and Urb-it. Here is the list of Top 10 competitors of Budbee, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Gordon Delivery 2015, Stockholm (Sweden), Public	Crowdsourced end-to-end delivery services for businesses	$17.5M	eEquity, Wakaba & 2 others	57/100
2nd	Budbee 2015, Stockholm (Sweden), Series C	Provider of sustainable logistics & delivery services for e-commerce businesses	$136M	Kinnevik, Nordic Makers & 11 others	56/100
3rd	ShipMyKart 2019, Delhi (India), Unfunded	Provider of cloud-based e-commerce delivery services	-	-	34/100
4th	Urb-it 2014, Stockholm (Sweden), Acqui-Hired	Local Shopping & courier service	$7.2M	Zenith, Le Village by CA & 1 others	32/100
5th	Bond 2019, United States, Acqui-Hired	Provider of AI-enabled last-mile delivery services for e-commerce	$15M	Lightspeed Venture Partners, MizMaa & 2 others	29/100
6th	Widriksson's Åkeri 1953, Stockholm (Sweden), Unfunded	Provides solutions for last mile delivery services	-	-	28/100
7th	REARQ 2019, Gothenburg (Sweden), Unfunded	Offers AI & tech-enabled solutions for the electric vehicle fleet	-	-	25/100
8th	DiPP-R 2020, Lund (Sweden), Unfunded	Provider of last-mile delivery solution using electric transportation	-	-	25/100
9th	StarkGo 2017, Sundbyberg (Sweden), Deadpooled	Tech-enabled last-mile delivery service via EVs	-	-	14/100