Delta Accelerator Startups
Salvador Ramirez
Co-Founder & CEO at Boxful
Salvador is a seasoned entrepreneur with a track record of success, boasting two exits worth millions. With over 15 years of experience in founding and leading innovative technology ventures, he brings a wealth of expertise in business development and executive management to the table. Salvador holds a Bachelor's degree in Business Administration and has honed his skills through certifications in competitive strategy and innovation leadership from MIT.
During his entrepreneurial journey, Salvador spent 9 years immersed in the Last Mile industry, where he served as CEO and founder of Get my Food! This bootstrapped venture revolutionized restaurant delivery across El Salvador, Nicaragua, and Guatemala, achieving revenue exceeding $5 million. In 2021, Salvador orchestrated the successful sale of Get my Food!, demonstrating his proficiency in building and exiting ventures.
Salvador's entrepreneurial prowess extends beyond the food delivery sector. As a co-founder of DroneX, a drone spraying company, he played a pivotal role in its acquisition by Hylio through a stock and cash transaction. At Hylio, Salvador spearheaded the expansion of operations throughout Central America, contributing to the company's evolution into a leader in proprietary drone spraying systems. His strategic vision and leadership culminated in the sale of his shares at a company valuation of $15 million.
Today, Salvador is the co-founder and CEO of Boxful, where he leverages his extensive experience to drive the company towards becoming the first Central American unicorn. With a passion for creating solutions that positively impact communities, Salvador is committed to leading Boxful to revolutionize ecommerce in the region.
About Boxful
Boxful is revolutionizing e-commerce logistics in Latin America as the first multi-carrier shipping software tailored specifically for social sellers and SMEs. In a region where 9 out of 10 transactions occur through chat apps and social sellers are striving to meet Amazon-level service expectations without the resources, boxful steps in to provide a solution.
By offering a multicarrier platform, boxful grants users access to same-day and nationwide next-day deliveries at discounted rates. Leveraging pre-negotiated low shipping rates with carriers, boxful resells them below market prices, boasting a 35% gross margin and enabling users to save up to 60% on logistics costs. With 80% of transactions paid in Cash on Delivery, boxful adapts to the unique needs of the region's commerce landscape.
Focused on consolidating Central America first, boxful is experiencing rapid growth, boasting a 34% month-over-month increase and achieving an impressive ARR of $528k.
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