Boxed

Online retailer for bulk groceries and supplies

New York City, New York, United States

About Boxed

Boxed.com specializes in online bulk shopping without requiring a membership. It serves individual consumers and small businesses looking to buy groceries, household products, and health supplies in large quantities. The platform allows customers to purchase a wide range of products at wholesale prices, which are delivered directly to their homes, saving them time and money compared to traditional wholesale clubs. Boxed.com generates revenue by selling these bulk items and occasionally offers promotions to attract customers. Additionally, it provides a service called 'Boxed for Business' that enables companies to place group orders for office supplies and other essentials at discounted rates. The goal of Boxed.com is to offer a convenient and cost-effective shopping experience for both consumers and businesses.

New York City, New YorkHeadquarters
2013Year Founded
$480.1MTotal Funding
IPOCompany Stage
Consumer Software, Consumer GoodsIndustries
51-200Employees

Benefits

Working with smart, positive people
Competitive salary
Stock options
Unlimited vacation
Full healthcare benefits.

Risks

Competition from established warehouse clubs threatens Boxed's market share.
The collapse of Silicon Valley Bank impacted Boxed's financial stability, leading to bankruptcy.
Legal investigations into securities fraud could result in financial penalties for Boxed.

Differentiation

Boxed offers bulk shopping without membership fees, unlike traditional warehouse clubs.
The company provides direct-to-door delivery, saving customers time and transportation costs.
Boxed caters to both individual consumers and businesses with its 'Boxed for Business' service.

Upsides

Increased online grocery shopping presents growth opportunities for Boxed's market share.
MSG Distributors' acquisition could provide resources for Boxed's post-bankruptcy growth.
Growing digital engagement with grocers supports Boxed's digital marketing expansion.