About Boxcar
Boxcar is a company based in Chatham (United States) founded in 2016. It operates as a Subscription Services, Pay-per-Use / Usage-Based, and Mobility-as-a-Service. Boxcar has raised $2.47 million across 1 funding round. Boxcar offers products and services including Commuting Service, Reserved Parking, and Local Services. Boxcar operates in a competitive market with competitors including MagicBus, Squire Service, Flockbus, SLED and ShuttleHome, among others.
- Headquarter Chatham, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.47 M (USD)
in 1 rounds
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Latest Funding Round
$2.47 M (USD), Seed
Apr 26, 2024
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Investors
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Employee Count
Employee Count
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Products & Services of Boxcar
Boxcar offers a comprehensive portfolio of products and services, including Commuting Service, Reserved Parking, and Local Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Luxury bus commuting is provided for daily travelers.
Parking spaces are reserved for suburban daily needs.
Local services like detailing are offered to customers.
Funding Insights of Boxcar
Boxcar has successfully raised a total of $2.47M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.47 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.5M
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First Round
First Round
(26 Apr 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - Boxcar | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Boxcar
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Boxcar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Boxcar Comparisons
Competitors of Boxcar
Boxcar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MagicBus, Squire Service, Flockbus, SLED and ShuttleHome, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SF based smart shuttle service
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| domain | founded_year | HQ Location |
Offers shared ground transportation services for everyday commutes.
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| domain | founded_year | HQ Location |
Offers shared commuting solutions for work travel.
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| domain | founded_year | HQ Location |
Provides smart shuttles designed for efficient city commuting solutions.
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| domain | founded_year | HQ Location |
Provides reliable bus transfer services for passengers and commuters.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Boxcar
Frequently Asked Questions about Boxcar
When was Boxcar founded?
Boxcar was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Where is Boxcar located?
Boxcar is headquartered in Chatham, United States.
Is Boxcar a funded company?
Boxcar is a funded company, having raised a total of $2.47M across 1 funding round to date. The company's 1st funding round was a Seed of $2.47M, raised on Apr 26, 2024.
What does Boxcar do?
Boxcar is established as a commuting solutions provider primarily serving suburban areas in New Jersey, United States. Services are offered in the transportation sector with a focus on luxury bus commuting for daily travelers. Additional solutions such as reserved parking and local services including auto detailing, grill cleaning, and knife sharpening are provided. Operations are centered around connecting suburban locations to urban centers like New York City with guaranteed seating, Wi-Fi, and other amenities. Multiple routes and pickup points are managed to ensure accessibility and convenience for commuters.
Who are the top competitors of Boxcar?
Boxcar's top competitors include MagicBus, Squire Service and Flockbus.
What products or services does Boxcar offer?
Boxcar offers Commuting Service, Reserved Parking, and Local Services.