DoorBox Corporation Takes Home TiE50 Award at TiEcon 2024

DoorBox Corporation an AI-powered, Doorman, is excited to announce that we have been selected as a 2024 TiE50 Winner in the prestigious TiE50 Awards Program. This awards competition is a program of TiEcon, the world's largest conference for technology entrepreneurs.


DoorBox.ai leverages advanced AI and IoT to transform secure package delivery across e-commerce and pharmaceuticals, offering image-verified convenience and robust growth potential, backed by 12 strategic utility patents covering 50% of the global market.

DoorBox.ai, I would define our company's mission in two powerful statements:
We are pioneering Smart Delivery solutions using generative AI and machine learning, aimed at revolutionizing secure package exchange and combating the staggering $9 billion annual losses from stolen packages in the U.S.

With a portfolio of 12 utility patents, we are targeting a vast market of 268 million consumers and 77 million retailers across various sectors like pharmaceuticals, retail, and food service. Our goal is to secure substantial B2B pharmaceutical contracts and meet rising demand, solidifying our leadership in the secure, automated, and efficient package exchange industry.

With a portfolio of 12 utility patents, we are targeting a vast market of 268 million consumers and 77 million retailers across various sectors like pharmaceuticals, retail, and food service. Our goal is to secure substantial B2B pharmaceutical contracts and meet rising demand, solidifying our leadership in the secure, automated, and efficient package exchange industry.".

“Companies from diverse continents, a wide range of verticals, and in various stages of traction submitted their applications to our prestigious TiE50 Awards, showcasing innovation and disruption. TiE50 winners should be proud of their achievements as selections were made based on many competitive factors. Winners also pitched as part of the TiE50 Showcase with feedback from investor judges” said Kumar Sripadam, Co-Chair. 

In essence, the TiE50 awards is our way of giving visibility to startups and connecting them with our sponsors, partners, and investors in the TiE ecosystem. We were very impressed with the opportunity in terms of problem solving and the technology the companies represented”, added Anand Jagannathan another co- chair TiE50 program 

Vasudha Badri Paul, marketing co-chair quipped, “Winners had good interaction amongst each other, got to network at the conference and showcase their opportunity. Media and Press highlighted the underlying technology trends as not just AI but diverse fields the winners came from”

The TiE50 Awards were presented in person to the winners during a ceremony on May 2nd, at the Santa Clara Convention Center. For more information, please go to https://www.tiecon.org/tie50

About DoorBox.ai

DoorBox.ai revolutionizes package delivery with cutting-edge Smart Delivery solutions powered by generative AI and machine learning. Our focus is on securing package exchanges autonomously while transforming sectors such as pharmaceuticals, retail, and food service through secure, automated, and efficient deliveries. We aim to fuel growth, resolve inventory shortages, and establish leadership in the secure package exchange industry through strategic fundraising efforts.

About TiE50

The TiE50 Awards, now in its sixteenth year, spotlights top technology startups globally. It's a prestigious event organized by TiE Silicon Valley, attracting startups of all stages and sizes across various industries. Judged by a panel of industry experts, 84% of TiE50 winners have secured funding totaling over $1 billion, with many going on to successful acquisitions or IPOs. Partnering with Meet the Drapers, selected companies get a chance to feature on the show. Winners also pitch to investor judges at the TiE50 showcase for further recognition and potential investment. Plus, sponsors offer valuable perks and benefits to participating startups.

About TiEcon

TiEcon, among the world's largest tech conferences, is curated by Silicon Valley experts for entrepreneurs, corporate leaders, and investors. In 2024, under the theme "AI Ubiquity: Envision the Future," TiEcon explores the pervasive impact of artificial intelligence across all aspects of life. This groundbreaking event illustrates AI's transformative potential in various sectors, from healthcare and manufacturing to global business transactions. Join us to delve into the profound influence of AI on our world and envision the future it shapes.

If you are interested in learning more about Doorbox please contact us via info@doorbox.ai.

 

This blog writer can be contacted at investors@doorbox.ai

 

Disclaimer:  The views expressed in this blog are Doorbox views and has no connection or relevance with any parties/companies/ bodies involved in business/ financial deals.