Instabee shares
Unlisted company
Instabee delivers parcels from e-commerce retailers to end consumers in the Nordic region, the Netherlands and Belgium through two complementary channels: a network of automated parcel lockers and home deliveries. The company was formed in 2022 through the merger of Instabox, founded in 2015 with parcel locker delivery as its core offering, and Budbee, founded in 2016 with home delivery as its core offering. The parcel locker business is now the core business, while home delivery is described as a complementary business segment.
How the company makes money
Revenue is generated through delivery services provided to e-commerce companies, which pay per parcel handled. The customer base comprises thousands of online retailers and includes recurring volumes from major international brands such as Zalando, H&M, Inditex and ASOS. The offering is marketed to end consumers under three brands – Budbee, Instabox and Porterbuddy – and the parcel locker network is placed in central locations through partnerships with established retail chains.
Growth and sustainability
The growth strategy is based on the continued expansion of the parcel locker network in existing markets, deeper partnerships with e-commerce operators and geographic expansion, particularly in the Netherlands. Sustainability is a central component of the offering, with deliveries made using electric vehicles, renewable diesel and biofuels, as well as solar panels at terminals.
Business model characteristics
Parcel lockers and home delivery, three brands
The parcel locker business is the core business
Thousands of e-commerce retailers as customers
Markets and growth
The Nordic region, the Netherlands and Belgium
Network expansion and partnerships
Electric vehicles, renewable fuels, solar panels
Financial performance
Published 24 September 2026Published figures from the company’s own reports. Amounts in MSEK · change from the previous year
| Metric | FY 2023 | FY 2022 | 2022 | FY 2021 |
|---|---|---|---|---|
| Net sales | – | 1,463 | – | 696 |
| EBIT | – | -4,496 | -6,037 | -278 |
| Net income | -4,140 | -4,572 | -6,037 | -343 |
| Cash and bank | 101(-77.7 %) | 454 | 454 | – |
| Operating cash flow | – | – | – | -187 |
Documents and reports
3New share issues
Latest 1An overview of the company’s capital raising.
| Date | Capital raised | Valuation |
|---|---|---|
| SEK 824m | SEK 5bn |
Questions about Instabee
Is Instabee publicly listed?
No. Instabee is a private company and is not publicly listed. The company has not completed an IPO, so its shares are not traded on a regulated stock exchange but in the private market.
What does Instabee do?
Instabee is a Nordic logistics company that delivers parcels for e-commerce customers through automated parcel lockers and home delivery services. Its offering is marketed under the Budbee, Instabox and Porterbuddy brands across several Nordic and Benelux markets.
Can I buy shares in Instabee?
Yes. Instabee shares can be purchased in the private market, provided sellers are available. Through Eqvor, you can place a buy order and be matched with sellers in the private market.
How do I sell shares in Instabee?
If you own Instabee shares, you can place a sell order through Eqvor and be matched with buyers. Once a buyer and seller are matched, the transaction is completed and the ownership change is recorded in the company’s share register under its applicable procedures.
Is Instabee affiliated with Euroclear?
No. Instabee is currently not affiliated with Euroclear. This means the shares are recorded directly in the company’s share register rather than through the Swedish securities system.
Can I hold Instabee shares with Avanza or Nordnet?
Because Instabee is not affiliated with Euroclear, its shares normally cannot be held in a standard custody account with Avanza or Nordnet. Ownership is instead recorded directly in the company’s share register.
Does Instabee have redemption or pre-emption clauses?
Yes. Instabee has redemption or pre-emption provisions. This means share transfers may need to be handled under specific terms before shares are sold on to an external buyer.
At what price is the Instabee share traded?
Since Instabee is not listed on a stock exchange, there is no official share price on a regulated marketplace. Instead, the price is determined by supply and demand among buyers and sellers in the private market.
When will Instabee go public?
There is currently no publicly announced timeline for an Instabee listing. We therefore do not know when Instabee may go public, or whether the company will conduct an IPO.
What are the risks of investing in Instabee?
Investing in Instabee involves risk, just like other investments in unlisted shares. The company’s valuation may be affected by the e-commerce market, delivery volumes, cost structure, competition, expansion, working conditions in the delivery chain, capital requirements, and demand for parcel lockers and home deliveries. Trading in unlisted shares also generally involves lower liquidity than trading in listed shares.
Where can I find Instabee's annual report?
Instabee's annual report can be found under Investor Relations and Financial Reports. The company's annual reports are available there for download.
Has Instabee carried out any share issues?
Yes, Instabee has carried out capital raises and previous new share issues. Instabee’s Capital raised is stated as SEK 19 million, indicating how much capital the company has raised through previous financing.
How much capital has Instabee raised in total?
Instabee's Capital raised is stated as SEK 19 billion. An equity raise is an English term for raising capital, but in Swedish, terms such as funding round, financing or new share issue are most commonly used.
Has Instabee reported a profit or a loss?
Instabee reports a negative result in the latest available information. Under Key figures, EBITDA is stated as TSEK 11,156 and net income as TSEK -602,965. The company’s earnings trend is also shown in the Results by year chart.