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Citibox SIGNED

Revolutionising the way in which parcels are delivered

Total Cost €

EC-Contrib. €

Partnership

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Citibox project word cloud

Explore the words cloud of the Citibox project. It provides you a very rough idea of what is the project "Citibox" about.

attempt missed market windows tenants cover dpd internet efficiency delays ebitda inside entries worldwide mailboxes strategy solves 60 first universal shoppers additional public solely committed solutions door connection proprietary 100 group revenue fundamentally compatible night works company manufacturer residential returns installed 2023 buildings normally ago shops parcel centric parcels day business spaces huge 5x retailer online traffic incur couriers cities extremely reception wasted successfully waste cloud courier logged citibox electronic mailbox 180m security 84 follows building time automatic ups deployment carrier delivered pick times smart scalable hardware lockers home enter receive attempts network disruption apartment electricity deliveries waiting parking 70m 3m running frustrated verified installing

Project "Citibox" data sheet

The following table provides information about the project.

Coordinator	CITIBOX SMART SERVICES SL Organization address address: ALMIRANTE ROGER DE LAURIA 28 28 2 city: VALENCIA postcode: 46002 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Spain [ES]
Total cost	2˙461˙562 €
EC max contribution	1˙723˙093 € (70%)
Programme	1. H2020-EU.3. (PRIORITY 'Societal challenges) 2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs) 3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
Code Call	H2020-SMEInst-2018-2020-2
Funding Scheme	SME-2
Starting year	2019
Duration (year-month-day)	from 2019-10-01 to 2021-09-30

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	CITIBOX SMART SERVICES SL CITIBOX SMART SERVICES SL Organization address address: ALMIRANTE ROGER DE LAURIA 28 28 2 city: VALENCIA postcode: 46002 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	ES (VALENCIA)	coordinator	1˙723˙093.00

Map

Project objective

Parcel delivery at home still works the same way as 50 years ago. Couriers waste time running from apartment to apartment and incur huge costs in second and third attempts when users are not at home. Online shoppers are frustrated due to missed deliveries and time wasted waiting for the courier. Solutions in the market are solely company centric, installing electronic lockers in public spaces and pick-up shops, normally from a specific retailer or carrier. However, 84% of shoppers want to receive their parcels at home. Citibox solves this problem allowing all parcels to be delivered in smart mailboxes inside residential buildings. Citibox follows a fundamentally different approach: 1. Universal: any carrier can deliver into our smart mailboxes. 2. Open hardware: any mailbox manufacturer can produce their smart mailboxes compatible with our proprietary cloud operating system. 3. Scalable: extremely cost-effective hardware. No internet or electricity connection is required. Our smart mailboxes allow: - Online shoppers: Automatic reception and returns of parcels at their home, no more delays or missed parcels. - Couriers: 60% time reduction in delivery and 100% first attempt delivery. It allows night delivery, a huge business disruption: Citibox deployment includes automatic building door access system, providing increased security for tenants as all courier entries are logged. Verified couriers can enter buildings to deliver at Citibox smart mailboxes at any time of the day… and at night! No traffic no parking problems reduced delivery times additional delivery windows more parcels delivered per day = Up to 5x higher efficiency The largest courier worldwide (UPS) and the second largest in the EU (DPD Group) have already committed their support to Citibox If we successfully implement our strategy, by 2023 our network will cover 10 largest EU cities with 3M smart mailboxes installed in users’ buildings. We expect 180M€ revenue and 70M€ EBITDA in 2023.

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The information about "CITIBOX" are provided by the European Opendata Portal: CORDIS opendata.