Boxed - About the company
Boxed is an acquired company based in New York City (United States), founded in 2013 by Chieh Huang, Jared Yaman, William Fong and Christopher Cheung. It operates as a Platform offering grocery bulk buying solution. Boxed has raised $245M in funding from investors like First Round Capital, Bessemer Venture Partners and Greycroft, with last known valuation of $*****. The company has 250 active competitors, including 16 funded and 8 that have exited. Its top competitors include companies like SayWeee, Good Eggs and Peapod.
Company Details
Platform offering grocery bulk buying solution. It's a bulk grocery retailer offering wholesale experience for shoppers. It purchases bulk-sized products in huge quantities and stores them in its own warehouses. The company offers mobile applications for Android and iOS platforms.
- Website
- boxed.com
- Registered Address
- Edison, New Jersey
Key Metrics
Founded Year
2013
Location
New York City, United States
Stage
Acquired
Total Funding
$245M in 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on Aug 21, 2018
Investors
Ranked
7th among 250 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2021
Employee Count
105 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Msgdistributors (Aug 18, 2023)
Legal entities associated with Boxed
Boxed is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BOXED, INC. CIN: 1828672 , United States, Active | Sep 22, 2020 | $100M - $500M (As on Dec 31, 2021) | - | - |
GIDDY INC. DBA BOXED WHOLESALE CIN: 462076666 , United States, Active | Dec 31, 1999 | - | 253 (As on Dec 31, 2021) | - |
Boxed's acquisition details
Boxed got acquired by Msgdistributors on Aug 18, 2023.
Click here to take a look at Boxed's acquisition in detail
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Boxed's funding and investors
Boxed has raised a total funding of $245M over 8 rounds. Its first funding round was on Aug 23, 2013. Boxed has 41 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Boxed:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 20, 2023 | 7542584 | Post IPO | 4569334 | 9178411 | 2371503 | 3026692 |
Aug 21, 2018 | 3581346 | Series D | 8151486 | 9601545 | 1235416 | |
Jan 22, 2018 | 4855589 | Series C | 8702049 | 6185619 | 6583674 |
View details of Boxed's funding rounds and investors
Boxed's founders and board of directors
Founder? Claim ProfileHere are the details of Boxed's key team members:
- Chieh Huang: CEO and Co-Founder of Boxed and founder of 1 other company.
- Jared Yaman: Co-Founder & COO of Boxed and founder of 1 other company. Contact Info: 1 email address
- William Fong: Former Co-Founder & CTO of Boxed and founder of 1 other company. Contact Info: 1 email address
- Christopher Cheung: Co-Founder of Boxed and founder of 1 other company. Contact Info: 1 email address
View details of Boxed's Founder profiles and Board Members
Boxed's employee count trend
Boxed has 105 employees as of Jun 26. Here is Boxed's employee count trend over the years:
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Boxed's Competitors and alternates
Top competitors of Boxed include SayWeee, Good Eggs and Peapod. Here is the list of Top 10 competitors of Boxed, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SayWeee 2015, San Francisco (United States), Series E | Online retailer of Asian groceries, food, and household products | $864M | 76/100 | |
2nd | Good Eggs 2011, San Francisco (United States), Acquired | Online retailer of organic groceries, meal kits, and household essentials | $196M | 64/100 | |
3rd | Peapod 1989, Chicago (United States), Public | Online grocery delivery service | - | 63/100 | |
4th | ![]() Schnucks 1939, St. Louis (United States), Unfunded | Retailer of grocery items, prepared meals, bakery, and floral products | - | - | 62/100 |
5th | Festival Foods 1946, De Pere (United States), Unfunded | Online e-commerce platform for food grocery | - | - | 61/100 |
6th | TomThumb 1948, Phoenix (United States), Unfunded | Chain of pharmaceutical drugs stores | - | - | 54/100 |
7th | Boxed 2013, New York City (United States), Acquired | Platform offering grocery bulk buying solution | $245M | 53/100 | |
8th | Martie 1998, Albemarle (United States), Series A | Online platform offering surplus grocery supplies | $10M | 52/100 | |
9th | Mariano's 1999, Chicago (United States), Acquired | Online platform offering multi-category grocery supplies | - | - | 51/100 |
10th | iGooods 2014, Babylon (United States), Series A | Online platform for grocery ordering and delivery | $6.88M | 49/100 |
Looking for more details on Boxed's competitors? Click here to see the top ones
Boxed's Investments and acquisitions
Boxed has acquired Maxdelivery. Boxed has not made any investments as of now.Reports related to Boxed
Here is the latest report on Boxed's sector:
News related to Boxed
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Boxed.com Acquired by MSG Distributors; Mark Gadayev CommentsDeli Market News•Aug 24, 2023•Boxed, Msgdistributors
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Boxed is bought after filing for Chapter 11 in AprilSupermarket News•Aug 23, 2023•Boxed, Msgdistributors
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Boxed, an online wholesaler, acquired post bankruptcy filingGlobal Village Space•Aug 18, 2023•Boxed, Msgdistributors, Regdist
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Boxed, Inc. to Execute Sale of Spresso Software BusinessBusinessFortNight•Apr 03, 2023•Boxed, Spresso, NYSE
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Pomerantz Law Firm Investigates Claims On Behalf of Investors of Boxed, Inc. - BOXDPR Newswire•Mar 23, 2023•Pomerantz, Boxed
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