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What smart money is saying about InPost

INPST.AS · Industrials · Specialty Business Services · Market cap $8.10B

2 funds in our archive have pitched InPost — most recently Polen Emerging Markets Growth in September 2025.

Company profile

InPost S.A., together with its subsidiaries, operates as an out-of-home e-commerce enablement platform providing parcel locker services in Europe. It operates through four segments: APM (automated parcel machines), To-Door, Mondial Relay, and International Other. The APM segment focuses on the delivery of parcels to automated parcel machines. The To-Door segment delivers parcels using door-to-door couriers. The Mondial Relay segment delivers parcels to automated parcel machines; and operates pick-up drop-off (PUDO) points in France, Spain, Belgium, Netherlands, and Portugal. The International Other segment delivers parcels to automated parcel machines in the United Kingdom and Italy. The company also provides fulfilment services, including comprehensive warehousing, packaging, and logistics services to e-commerce merchants; operates self-service parcel dispatch and collection points; and e-Grocery, a delivery service for food and FMCG products through InPost Fresh app to dedicated machines and to the recipient. As of December 31, 2021, it handled 517 million parcel deliveries, and installed approximately 2.4 million lockers across its network of 16,445 APMs. The company also had approximately 38,000 integrated merchants and 8 million active mobile users on its mobile application. InPost S.A. was founded in 1999 and is based in Luxembourg, Luxembourg.

Fund coverage · 2 theses

  • Polen Emerging Markets Growth
    September 2025

    InPost is a leading Polish logistics company specializing in Automated Parcel Machines, poised for multi-year growth despite temporary integration challenges following a recent UK acquisition.

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  • International Growth
    June 2025

    InPost is a leading logistics company based in Poland, operating 47,000 automated parcel machines and leveraging a low-cost model to achieve significant economies of scale, with strong growth potential and competitive advantages in the APM market across Europe.

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