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Boxed Gets $6.5 Million Investment to Bring Costco-Like Shopping to Your Phone

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He was a senior correspondent at Vox.

Boxed, a startup that sells bulk-sized snacks, toiletries and other everyday goods through a mobile app and delivers them to a customer’s door, has raised a $6.5 million Series A investment, led by Greycroft, First Round Capital and Signia Venture Partners. Boxed aims to appeal to shoppers who like the discounts offered by warehouse clubs such as Costco and Sam’s Club but who want the convenience of shopping from home and don’t want to pay a membership fee.

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