Amount Raised
$20 Million
Round Type
Funding Round
New YorkE CommerceFashionRetailMen'sDescription
Boxed, Inc. (NYSE: BOXD, BOXD WS) (“Boxed” or the “Company”), the commerce technology company specializing as both an e-commerce retailer and e-commerce enabler, today announced it entered into a second lien secured term loan facility with a lender (the “Lender”) that provided $10 million of new funding to the Company at close. The new facility also provides for an additional $10 million in funding, subject to the completion of certain milestones in a process for the sale of the Company. Concurrently with the financing with the Lender, the Company entered into an amendment to its existing first lien debt facility with funds and accounts managed by BlackRock that, among other things, reduces the Company’s minimum liquidity covenant by $5 million.
Quick answer
Boxed raised $20 Million in a Funding Round round, dated January 20, 2023. Boxed is based in New York, United States.
- How much did Boxed raise?
- Boxed raised $20 Million in a Funding Round round on January 20, 2023.
- What does Boxed do?
- Boxed is an e-commerce retailer and an e-commerce enabler.
- Where is Boxed based and how big is it?
- Boxed is based in New York, United States.
Source: Fundz verified event record.
Who else raised in E Commerce and Fashion around the same time
Companies in the same sectors as Boxed that raised within 45 days of this round, from Fundz verified event records.
- Jendaya raised an undisclosed amount (Funding Round) on February 10, 2023.
- Citizenry raised $2.3M (Seed) on January 31, 2023.
- Syky raised an undisclosed amount (Series A) on January 17, 2023.
- The Edit LDN raised an undisclosed amount (Seed) on January 17, 2023.
- Neptune Wellness Solutions raised an undisclosed amount (Debt Financing) on January 13, 2023.
- Wakefit raised $40M (Funding Round) on January 13, 2023.
Who to call at Boxed, and when
A new round usually means Boxed is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Boxed raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Boxed, from your own LinkedIn network
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Fundz sees it the moment Boxed raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Boxed raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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