Boxed announces new funding for expansion of wholesale shopping app

Mobile commerce company Boxed has announced new funding in its seed round, taking its total funding to $1.5 million. The seed round was led by Greycroft Partners, with participation from Bessemer Venture Partners, ENIAC Ventures and Social Starts.

With this funding, the company plans to increase the scale of its Boxed shopping app, which offers a wholesale shopping experience to users on iOS and Android, without the need to sign up for a membership or go to an actual store.

The Boxed app offers over 600 products and ships to users across the continental US with 1-2 day delivery.

“We