Bloq.it Poised for Major Leap — Eyes €100M Revenue in 2025
Bloq.it, the Portuguese smart-locker pioneer, ended 2024 with revenues of €36 million , more than double its 2023 turnover of about €17 million . The explosive growth has been driven by exporting operations across Southern and Central Europe and key partnerships with logistics players.
Adding to the momentum, independent equity research estimates Bloq.it could reach €100 million in revenue in 2025 , assuming its current growth trajectory is sustained. This projection hinges on scaling deployments, operational efficiencies, and continued expansion through its network of partners.
In 2025, the company already raised €28 million in a Series B round to fund further expansion and product innovation. It also forged a strategic deal with InPost - one of Europe’s largest parcel-locker operators—announced a minority stake in Bloq.it alongside a multi-year plan to deploy over 20,000 NEXT battery-powered lockers in a multi-year rollout—an agreement expected to amplify its market presence and delivery infrastructure exponentially.
Taken together, the doubling of revenue in 2024, fresh capital in 2025, and a marquee industrial partnership suggest Bloq.it has moved beyond early-stage momentum into scale-up mode. The company’s challenge for the remainder of 2025 will be translating this pipeline—funding, partnerships, and hardware rollouts—into another year of top-line gains that match 2024’s pace.
Source: DEVS.
D.D.