VCMCVC Market Cap
Menu

Hive Box valuation, funding and investors

Hive Box works in intelligent hardware manufacturing, based in Hong Kong. Founded in 2016, it has about 118 employees.

Tech Companies Series C
VALUATION · TODAY
$1.96B −6% after Series C
Range $261M – $3.71B · Grade D
TODAY
+12 MO
$2.00B
$4.00B
$6.00B
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series B $323M
Series C $400M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY118 employees
+3%6m growth
+4%1y growth
−2%2y growth
50
100
150
Data from Feb 2023
TODAY
Predicted in 1 yr $1.85B −6% vs today
Predicted next raise $493M if a round comes
Winding-down probability 28%
Last round
Series C · $400M · Jan 2021
Valuation at last round
$3.00B
Headcount
118 · flat
Grade
D
Founded
2016
How VCMC values companies →

Hive Box valuation today

VCMC values Hive Box at $2.0B today, with a range of $261M to $3.7B and a grade of D. The valuation starts from its last funding round, a Series C round in Jan 2021.

Valuation by date (133 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Hive Box: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2016$2.15M$0.78M – $5.90M$2.57M (+20%)before first round–unknownD0%
1 Feb 2016$2.15M$0.78M – $5.92M$2.64M (+23%)before first round–unknownD0%
1 Mar 2016$2.16M$0.79M – $5.94M$2.71M (+25%)before first round–unknownD0%
1 Apr 2016$2.17M$0.79M – $5.96M$2.78M (+28%)before first round–unknownD0%
1 May 2016$2.18M$0.79M – $5.99M$2.86M (+31%)before first round–unknownD0%
1 Jun 2016$2.19M$0.80M – $6.01M$2.93M (+34%)before first round–unknownD0%
1 Jul 2016$2.20M$0.80M – $6.03M$3.01M (+37%)before first round–unknownD0%
1 Aug 2016$2.26M$0.82M – $6.20M$3.09M (+37%)before first round–unknownD0%
1 Sep 2016$2.32M$0.84M – $6.36M$3.18M (+37%)before first round–unknownD0%
1 Oct 2016$2.38M$0.87M – $6.53M$3.26M (+37%)before first round–unknownD0%
1 Nov 2016$2.44M$0.89M – $6.71M$3.35M (+37%)before first round–unknownD0%
1 Dec 2016$2.51M$0.91M – $6.88M$3.44M (+37%)before first round–unknownD0%
1 Jan 2017$2.57M$0.94M – $7.07M$3.53M (+37%)before first round–unknownD0%
1 Feb 2017$2.64M$0.96M – $7.26M$3.62M (+37%)before first round–unknownD0%
1 Mar 2017$2.71M$0.99M – $7.44M$3.71M (+37%)before first round–unknownD0%
1 Apr 2017$2.78M$1.01M – $7.64M$3.81M (+37%)before first round–unknownD0%
1 May 2017$2.85M$1.04M – $7.84M$3.91M (+37%)before first round–unknownD0%
1 Jun 2017$2.93M$1.07M – $8.05M$4.02M (+37%)before first round–unknownD0%
1 Jul 2017$3.01M$1.09M – $8.26M$4.12M (+37%)before first round–unknownD0%
1 Aug 2017$3.09M$1.12M – $8.49M$4.24M (+37%)before first round–unknownD0%
1 Sep 2017$3.17M$1.16M – $8.72M$4.35M (+37%)before first round–unknownD0%
1 Oct 2017$3.26M$1.19M – $8.95M$4.46M (+37%)before first round–unknownD0%
1 Nov 2017$3.35M$1.22M – $9.19M$4.59M (+37%)before first round–unknownD0%
1 Dec 2017$3.43M$1.25M – $9.43M$4.71M (+37%)before first round–unknownD0%
1 Jan 2018$2.0B$1.3B – $4.6B$3.0B (+50%)after a round–unknownC0%
2 Jan 2018$2.0B$1.3B – $4.6B$3.0B (+50%)after a round–unknownC0%
1 Feb 2018$2.1B$1.3B – $4.6B$3.0B (+45%)after a round–unknownC0%
1 Mar 2018$2.1B$1.3B – $4.6B$3.0B (+40%)after a round–unknownC0%
1 Apr 2018$2.2B$1.3B – $4.6B$3.0B (+36%)after a round–unknownC0%
1 May 2018$2.3B$1.3B – $4.6B$3.0B (+31%)after a round–unknownC0%
1 Jun 2018$2.4B$1.3B – $4.6B$3.0B (+27%)after a round–unknownC0%
1 Jul 2018$2.5B$1.3B – $4.6B$3.0B (+23%)after a round–unknownC0%
1 Aug 2018$2.5B$1.3B – $4.6B$3.0B (+19%)after a round–unknownC0%
1 Sep 2018$2.6B$1.3B – $4.6B$3.0B (+15%)after a round–unknownC0%
1 Oct 2018$2.7B$1.3B – $4.6B$3.0B (+11%)after a round–unknownC0%
1 Nov 2018$2.8B$1.3B – $4.6B$3.0B (+7%)after a round–unknownC0%
1 Dec 2018$2.9B$1.3B – $4.6B$3.0B (+4%)after a round–unknownC0%
1 Jan 2019$3.0B$1.3B – $4.6B$3.0B (0%)after a round–unknownC0%
1 Feb 2019$3.0B$1.3B – $4.6B$3.0B (0%)after a round–unknownC0%
1 Mar 2019$3.0B$1.2B – $4.6B$3.0B (0%)after a round–unknownC0%
1 Apr 2019$3.0B$1.2B – $4.6B$3.0B (0%)after a round–unknownC0%
1 May 2019$3.0B$1.1B – $4.6B$3.0B (0%)after a round–unknownC0%
1 Jun 2019$3.0B$1.1B – $4.6B$3.0B (0%)after a round–unknownC0%
1 Jul 2019$3.0B$1.0B – $4.6B$3.0B (0%)after a round–unknownC0%
1 Aug 2019$3.0B$975M – $4.6B$3.0B (0%)after a round–unknownC0%
1 Sep 2019$3.0B$933M – $4.6B$3.0B (0%)after a round–unknownC0%
1 Oct 2019$3.0B$893M – $4.6B$3.0B (0%)after a round–unknownC0%
1 Nov 2019$3.0B$855M – $4.6B$3.0B (0%)after a round–unknownC0%
1 Dec 2019$3.0B$819M – $4.6B$3.0B (0%)after a round–unknownC0%
1 Jan 2020$3.0B$784M – $4.6B$3.0B (0%)after a round–unknownC0%
1 Feb 2020$3.0B$688M – $4.6B$3.0B (0%)after a round–unknownC0%
1 Mar 2020$3.0B$656M – $4.6B$3.0B (0%)after a round–unknownC0%
1 Apr 2020$3.0B$623M – $4.6B$3.0B (0%)after a round–unknownC0%
1 May 2020$3.0B$594M – $4.6B$3.0B (0%)after a round–unknownD0%
1 Jun 2020$3.0B$564M – $4.6B$3.0B (0%)after a round–unknownD0%
1 Jul 2020$3.0B$537M – $4.6B$3.0B (0%)after a round–unknownD0%
1 Aug 2020$3.0B$510M – $4.6B$3.0B (0%)after a round–unknownD0%
1 Sep 2020$3.0B$485M – $4.6B$3.0B (0%)after a round–unknownD0%
1 Oct 2020$3.0B$462M – $4.6B$3.0B (0%)after a round–unknownD0%
1 Nov 2020$3.0B$439M – $4.6B$3.0B (0%)after a round–unknownD0%
1 Dec 2020$3.0B$418M – $4.6B$3.0B (0%)after a round–unknownD0%
1 Jan 2021$3.0B$2.6B – $4.5B$3.9B (+30%)after a round–unknownA0%
2 Jan 2021$3.0B$2.6B – $4.5B$3.9B (+30%)after a round–unknownA0%
1 Feb 2021$3.1B$2.6B – $4.5B$3.9B (+27%)after a round–unknownA0%
1 Mar 2021$3.1B$2.6B – $4.5B$3.9B (+25%)after a round–unknownA0%
1 Apr 2021$3.2B$2.6B – $4.5B$3.9B (+22%)after a round–unknownA0%
1 May 2021$3.3B$2.6B – $4.5B$3.9B (+19%)after a round–unknownA0%
1 Jun 2021$3.3B$2.6B – $4.5B$3.9B (+17%)after a round–unknownA0%
1 Jul 2021$3.4B$2.6B – $4.5B$3.9B (+14%)after a round–unknownA0%
1 Aug 2021$3.5B$2.6B – $4.5B$3.9B (+12%)after a round–unknownA0%
1 Sep 2021$3.6B$2.6B – $4.5B$3.9B (+9%)after a round–unknownA0%
1 Oct 2021$3.6B$2.6B – $4.5B$3.9B (+7%)after a round–unknownA0%
1 Nov 2021$3.7B$2.6B – $4.5B$3.9B (+4%)after a round–unknownA0%
1 Dec 2021$3.8B$2.6B – $4.5B$3.9B (+2%)after a round–unknownA0%
1 Jan 2022$3.9B$2.6B – $4.5B$3.9B (0%)after a round–unknownA0%
1 Feb 2022$3.9B$2.5B – $4.5B$3.9B (0%)after a round–unknownA0%
1 Mar 2022$3.9B$2.4B – $4.5B$3.9B (0%)after a round–unknownB0%
1 Apr 2022$3.9B$2.3B – $4.5B$3.9B (0%)after a round–unknownB0%
1 May 2022$3.9B$2.2B – $4.5B$3.9B (0%)after a round–unknownB0%
1 Jun 2022$3.9B$2.1B – $4.5B$3.9B (0%)after a round–unknownB0%
1 Jul 2022$3.9B$2.0B – $4.5B$3.9B (0%)after a round–unknownB0%
1 Aug 2022$3.9B$1.9B – $4.5B$3.9B (0%)after a round–unknownB0%
1 Sep 2022$3.9B$1.8B – $4.5B$3.9B (0%)after a round–unknownB0%
1 Oct 2022$3.9B$1.7B – $4.5B$3.9B (0%)after a round–unknownB0%
1 Nov 2022$3.9B$1.7B – $4.5B$3.9B (0%)after a round–unknownB0%
1 Dec 2022$3.9B$1.6B – $4.5B$3.9B (0%)after a round–unknownB0%
1 Jan 2023$3.9B$1.5B – $4.5B$3.9B (0%)after a round–unknownB0%
1 Feb 2023$3.9B$1.4B – $4.5B$3.9B (0%)after a round96unknownB0%
1 Mar 2023$3.9B$1.3B – $4.5B$3.9B (0%)after a round96unknownC0%
1 Apr 2023$3.9B$1.2B – $4.5B$3.9B (0%)after a round96unknownC0%
1 May 2023$3.9B$1.2B – $4.5B$3.9B (0%)after a round96unknownC0%
1 Jun 2023$3.9B$1.1B – $4.5B$3.9B (0%)after a round96unknownC0%
1 Jul 2023$3.9B$1.1B – $4.5B$3.9B (0%)after a round96unknownC0%
1 Aug 2023$3.9B$1.0B – $4.5B$3.9B (0%)after a round96unknownC0%
1 Sep 2023$3.9B$961M – $4.5B$3.9B (0%)after a round96unknownC0%
1 Oct 2023$3.9B$915M – $4.5B$3.9B (0%)after a round96unknownC0%
1 Nov 2023$3.9B$1.7B – $4.5B$3.8B (-2%)after a round120upB0%
1 Dec 2023$3.9B$1.7B – $4.5B$3.8B (-2%)after a round120upB0%
1 Jan 2024$3.9B$1.7B – $4.5B$3.8B (-3%)after a round120upB0%
1 Feb 2024$3.9B$1.3B – $4.5B$3.8B (-3%)after a round120upC0%
1 Mar 2024$3.9B$1.2B – $4.5B$3.8B (-3%)after a round120upC0%
1 Apr 2024$3.9B$1.2B – $4.5B$3.8B (-2%)after a round120upC0%
1 May 2024$3.9B$1.2B – $4.5B$3.8B (-2%)after a round120upC0%
1 Jun 2024$3.9B$1.1B – $4.4B$3.8B (-2%)after a round120upC0%
1 Jul 2024$3.9B$1.1B – $4.4B$3.8B (-2%)after a round120upC0%
1 Aug 2024$3.7B$554M – $4.2B$3.3B (-10%)after a round120flatD0%
1 Sep 2024$3.6B$527M – $4.2B$3.3B (-10%)after a round120flatD0%
1 Oct 2024$3.6B$501M – $4.2B$3.3B (-10%)after a round120flatD0%
1 Nov 2024$3.6B$477M – $4.1B$3.2B (-10%)after a round120flatD0%
1 Dec 2024$1.1B$454M – $4.5B$736M (-35%)after a round93downD92%
1 Jan 2025$1.0B$431M – $4.5B$736M (-28%)after a round93downD92%
1 Feb 2025$991M$410M – $4.4B$735M (-26%)after a round93downD92%
1 Mar 2025$962M$391M – $4.4B$735M (-24%)after a round93downD92%
1 Apr 2025$930M$372M – $4.4B$734M (-21%)after a round93downD92%
1 May 2025$839M$354M – $4.5B$680M (-19%)after a round93downD97%
1 Jun 2025$811M$336M – $4.5B$680M (-16%)after a round93downD97%
1 Jul 2025$784M$320M – $4.5B$680M (-13%)after a round93downD97%
1 Aug 2025$757M$304M – $4.5B$680M (-10%)after a round93downD97%
1 Sep 2025$825M$289M – $4.4B$765M (-7%)after a round114flatD89%
1 Oct 2025$895M$275M – $4.3B$854M (-5%)after a round114flatD82%
1 Nov 2025$964M$262M – $4.3B$944M (-2%)after a round114flatD76%
1 Dec 2025$1.1B$261M – $4.2B$1.0B (-2%)after a round114flatD70%
1 Jan 2026$1.2B$261M – $4.2B$1.1B (-2%)after a round114flatD64%
1 Feb 2026$1.3B$261M – $4.1B$1.1B (-14%)after a round114flatD59%
1 Mar 2026$1.4B$356M – $4.4B$1.3B (-12%)after a round115upD54%
1 Apr 2026$1.5B$366M – $4.4B$1.4B (-11%)after a round115upD50%
1 May 2026$1.7B$376M – $4.3B$1.5B (-10%)after a round115upD46%
1 Jun 2026$1.6B$261M – $3.9B$1.4B (-10%)after a round115flatD42%
1 Jul 2026$1.7B$261M – $3.9B$1.5B (-9%)after a round115flatD39%
1 Aug 2026$1.7B$261M – $3.8B$1.6B (-7%)after a round114flatD36%
1 Sep 2026$1.8B$261M – $3.8B$1.7B (-7%)after a round118flatD33%
1 Oct 2026$1.9B$261M – $3.8B$1.8B (-7%)after a round118flatD30%
24 Oct 2026$2.0B$261M – $3.7B$1.9B (-6%)after a round118flatD28%

Key facts about Hive Box

Founded
2016
Headquarters
Hong Kong
Employees
about 118 +4% in a year
Total raised
$723M
Funding rounds
2
Last round
Series C Jan 2021

Hive Box was founded in 2016 by Wang Wei and Xu Yubin.

Hive Box funding history

Hive Box has 2 funding rounds on record, from Jan 2018 to Jan 2021, $723M in total. The latest disclosed valuation is $3.00B post-money (Series C, Jan 2021).

  1. Series C 1 Jan 2021

    Led by Asia Forge (Cayman); with All-Stars Investment, Redview Capital, HSG.

    Sources: businesschief.asia, londontechwatch.com

    $400M

    $3.00B post-money

  2. Series B 1 Jan 2018

    With SF Express.

    Sources: mckinsey.com

    $323M

Hive Box investors

5 investors have backed Hive Box; Asia Forge (Cayman) led at least one round.

  • Asia Forge (Cayman) lead
  • All-Stars Investment
  • HSG
  • Redview Capital
  • SF Express

What Hive Box does

Hive Box works in tech companies, with 16 recorded offerings and customers in logistics, retail and advertising.

Hong Kong Hive Box Technology Co., Ltd is a Hong Kong private company engaged in the development and provision of intelligent hardware and software solutions for enterprises and users with terminal dispatch needs. The company operates a cloud-based platform that integrates hardware equipment access, software platforms, mobile terminals, locker landing, and operation guidance. Hive Box offers a range of intelligent products, including smart parcel lockers, Bluetooth lockers, twinface lockers, storage lockers, parcel towers, and parcel boxes, serving industries such as logistics, retail, and advertising. The company also provides SaaS services and supports its platform with AI and IoT technologies, as well as an API for developers.

Description from Veridion's company data.

Products and services

  • Intelligent Hardware Manufacturing
  • Intelligent Software Development
  • Cloud-Based Platform Integration
  • Parcel Locker System Deployment
  • Parcel Tower and Box Installation
  • Mobile Terminal Integration Services
  • API-Based Parcel Management Solutions
  • Dispatch and Routing Services
  • Storage and Retrieval Services
  • Last Mile Delivery Optimization Solutions
  • Logistics Digitalization Consulting
  • Retail and Advertising Parcel Solutions
  • Industry-Specific Platform Customization
  • AI and IoT Platform Integration
  • Scalable Parcel Handling Solutions
  • User Experience Enhancement Services

Markets

  • Logistics
  • Retail
  • Advertising

Technology

  • AI-Driven Dispatch and Routing
  • IoT for Locker Integration and Monitoring
  • Bluetooth Locker Technology
  • Twinface Locker Technology
  • Storage Locker Technology
  • Parcel Tower Technology
  • Parcel Box Technology

Business model

  • Business-to-Business
  • Software-as-a-Service
  • Enterprise

Industry codes (NAICS)

  • 513210 Software Publishers 50% match
  • 333310 Commercial and Service Industry Machinery Manufacturing 30% match
  • 811210 Electronic and Precision Equipment Repair and Maintenance 20% match

Questions about Hive Box

What is Hive Box worth?

Valuation $2.0B (range $261M to $3.7B), as of 24 Oct 2026. The last disclosed valuation was $3.00B (Series C, Jan 2021).

Has Hive Box raised money?

Hive Box has 2 funding rounds on record, from Jan 2018 to Jan 2021, $723M in total. The latest disclosed valuation is $3.00B post-money (Series C, Jan 2021).

Who has invested in Hive Box?

Asia Forge (Cayman), All-Stars Investment, HSG, Redview Capital and SF Express. Lead investors include Asia Forge (Cayman).

How many people work at Hive Box?

About 118, up 4% over the last year. Headcount grew from 96 in Jan 2023 to 118 in Aug 2026.

What does Hive Box do?

Hive Box works in tech companies, with 16 recorded offerings and customers in logistics, retail and advertising. Its main offerings are intelligent hardware manufacturing, intelligent software development and cloud-based platform integration.

When was Hive Box founded, and where is it based?

Hive Box was founded in 2016 and is based in Hong Kong. It has about 118 employees, up 4% over the last year.