About Boxed
Boxed is a company based in New York (United States) founded in 2013 was acquired by Msgdistributors in August 2023. Boxed has raised $245.1 million across 8 funding rounds from investors including General Mills, Bed Bath & Beyond and Bessemer Venture Partners. The company has 217 employees. Boxed has completed 1 acquisition, including Maxdelivery. Boxed offers products and services including Bulk Groceries, Household Essentials, and Personal Care Items. Boxed operates in a competitive market with competitors including Postmates, SayWeee, GrubMarket, Martie and Mariano's, among others.
- Headquarter New York, United States
- Employees 217
- Stage Public
- SectorsRetail
- Website boxed.com
- Social LinkedIn X
- Acquired by Msgdistributors (Aug 2023)
- Total Equity Funding$245.1M (USD)
in 8 rounds
- Latest Funding Round$10M (USD), Post-IPO
Jan 2023
- InvestorsGeneral Mills
& 25 more
- Employee Count217
- Investments & Acquisitions
- Acquired byMsgdistributors
(Aug 2023)
Products & Services of Boxed
Boxed offers a comprehensive portfolio of products and services, including Bulk Groceries, Household Essentials, and Personal Care Items.
Wholesale food items delivered in large quantities for everyday use
Bulk cleaning and paper products for home maintenance
Wholesale beauty and hygiene products supplied in bulk
Funding Insights of Boxed
Boxed has successfully raised a total of $245.1M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $10 million completed in January 2023. 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 $245.1M
- Total Rounds 8
- Last Round Post-IPO — $10M
- First Round $1.1M
(Aug 2013)
- Investors Count 25
All 8 funding rounds of Boxed with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $10M | Post-IPO | – | – | – |
| Aug 2018 | $111M | Series D | – | Aeon | |
| Jan 2018 | – | Series C | – | General Mills, Bed Bath & Beyond | – |
| Jan 2016 | $100M | Series C | – | Elevation Capital | |
| Jan 2015 | $25M | Series B | – | GGV Capital, DST Global Partners | |
| Jul 2014 | $6.5M | Series A | – | First Round Capital, Signia Venture Partners | |
| Jan 2014 | $1.5M | Seed | – | Greycroft | |
| Aug 2013 | $1.1M | Seed | – | Eniac Ventures, Social Starts | – |
26 investors in total: 22 institutional and 4 angel.
Investors in Boxed
Boxed has secured backing from 26 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include General Mills, Bed Bath & Beyond and Bessemer Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global innovation is invested in across public and private markets. | – | alphasquaregroup.com | New York, United States | |
PE firm investing in Asia | – | cdibcapital.com | Hong Kong, China | |
Venture capital is invested in cybersecurity, fintech, and AI startups. | – | ggvc.com | Menlo Park, United States | |
Venture capital investment firm | – | dst-global.com | Menlo Park, United States | |
Venture capital investments in technology and defense sectors. | – | foundersfund.com | - | |
AME Cloud Ventures is focused on investing in data-driven technology companies. | – | amecloudventures.com | Palo Alto, United States | |
US focused seed and early-stage VC firm | – | firstround.com | San Francisco, United States | |
Multiple sectors are targeted for venture capital investments by Greycroft. | – | greycroft.com | New York, United States | |
Early stage VC firm investing in the US | – | signiaventurepartners.com | Menlo Park, United States | |
US focused seed and early-stage VC firm | – | eniac.vc | San Francisco, United States |
Investor details for Boxed
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Boxed
11 people are tracked at Boxed (4 in leadership, 7 in team); the tracked headcount is 217.
| Name | Role | Group |
|---|---|---|
Mark Gadayev | Chief Executive Officer | Leadership |
Antony Yang | VP, Engineering | Leadership |
Chris Sheng | VP of Growth Operations | Leadership |
Eric Chun | Assistant Director - Continuous Improvement | Leadership |
Joshua Yang | EDI / Supply Chain Analyst | Team |
Patrick Peters | Adisor | Team |
Brian Gayle | Inventory Lead | Team |
Jung Choi | General Counsel & Secretary | Team |
Daniel Smith | Senior Manager Of Strategic Growth | Team |
Justin Tan | QA Analyst | Team |
Cesar Cruz | Facility & Maintenance Technician Lead | Team |
Complete people profiles for Boxed
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Boxed
Boxed has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Maxdelivery.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Daily essentials are retailed and delivered online by Maxdelivery. | maxdelivery.com | New York, United States | 2004 | Nov 2021 | •••• |
Complete acquisition details for Boxed
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Boxed
6 dated milestones of Boxed across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Boxed is founded.
- Funding First funding round of $1.1M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Maxdelivery.
- Funding Latest funding round, Post-IPO, of $10.0M.
- Exit Acquired by Msgdistributors.
Competitors of Boxed
Boxed 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 Postmates, SayWeee, GrubMarket, Martie and Mariano's, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| postmates.com | 2011 | San Francisco, United States | $902.75M | 1,317 | Online platform providing on-demand hyperlocal delivery services | |
| sayweee.com | 2015 | San Francisco, United States | $832.42M | 904 | Asian groceries and essentials are retailed online by SayWeee. | |
| grubmarket.com | 2014 | San Francisco, United States | $858.2M | – | Multi-category grocery products are offered through an online platform. | |
| martie.com | 1998 | Albemarle, United States | $10M | 7 | Surplus grocery supplies are offered via an online platform. | |
| marianos.com | 1999 | Chicago, United States | – | – | Multi-category grocery supplies are provided via an online platform. | |
| festfoods.com | 1946 | De Pere, United States | – | – | Provides an online e-commerce platform for purchasing food and groceries. | |
| freshgogo.com | 2014 | United States | – | – | Online retailer of grocery items | |
| giadzy.com | 2016 | Los Angeles, United States | $5.4M | 16 | Multi-category grocery products are retailed online by Giadzy. | |
| jointangelo.com | 2020 | Birmingham, United States | – | 1 | Diet quality is improved through a scalable health platform. |
Detailed competitors of Boxed
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Boxed
The website of Boxed (boxed.com) receives about 135K visits a month.
- Monthly visits135K
▲ 20.8% vs previous month
Websites whose visitors overlap most with Boxed. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
shoppingsquare.com.au | shoppingsquare.com.au | 100% | – | – | – |
gumball.com | gumball.com | 98% | – | #752,204 | – |
cvlinens.com | cvlinens.com | 98% | – | #147,211 | – |
| 4sgm.com | 98% | – | #914,455 | View details | |
| walmart.com | 84% | 500.4M | #69 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for Boxed
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 23 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Boxed
Complete news archive for Boxed
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Boxed
10 companies that operate in the same segment as Boxed (Food & Grocery Retail), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Meal recipe kits are delivered through a weekly subscription service. | 2011 | Berlin, Berlin, Germany | USD 367.28 M | – | – | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | – | – | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.12 M | – | – | |
Multi-category products are delivered quickly through an online platform. | 2020 | Bengaluru, Karnataka, India | USD 2.3 B | USD 344.05 K | 100 | |
Organic groceries are offered through an online membership platform. | 2013 | Los Angeles, California, United States | USD 332.18 M | – | – | |
Online marketplace platform offering multi-category grocery products | 2012 | San Francisco, California, United States | USD 2.93 B | USD 3.74 B | 3,270 | |
Platform offering food and grocery delivery services | 2013 | London, England, United Kingdom | USD 2.95 B | USD 2.59 B | 3,960 |
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Frequently Asked Questions about Boxed
Boxed was founded in 2013.
Boxed is headquartered in New York, United States. It is registered at New York, New York, United States.
Boxed is a funded company, having raised a total of $245.1M across 8 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Aug 2013.
Boxed has 217 employees.
Boxed was founded in 2013 in New York, United States, as a platform in the grocery retail sector focused on bulk purchasing. Large quantities of bulk-sized products are acquired and stored in company-owned warehouses. A wholesale shopping experience is delivered to consumers via mobile applications developed for Android and iOS devices, enabling efficient access to discounted goods.
Boxed's top competitors include Postmates, GrubMarket and SayWeee.
Boxed offers Bulk Groceries, Household Essentials, and Personal Care Items.
Boxed has made 1 acquisition, including Maxdelivery.
Boxed has 26 investors. Key investors include General Mills, Bed Bath & Beyond, Bessemer Venture Partners, Aeon, and FJ Labs.
Yes. Boxed was acquired by Msgdistributors in August 2023.
The website of Boxed receives about 135 thousand visits a month.