Boxed, Inc. is an American online and mobile membership-free wholesale retailer that offers direct delivery of bulk-sized packages via the Boxed app or the website. Boxed product offering has been compared to that of Costco. It is based in New York City and was founded in August 2013 by Chieh Huang, Jared Yaman, Christopher Cheung, and William Fong. The company has three fulfillment centers around the country in New Jersey, Nevada, and Texas, which allow orders to be delivered within two days. The company also has a support office in San Mateo, California. In 2016, Boxed was financed by $132 million in funding by investors including GGV Capital and DST Global. and by $111 million in 2018 from Aeon Group. The company went public by merging with special-purpose acquisition company Seven Oaks Acquisition Corp. in 2021 and was listed on the New York Stock Exchange. History Boxed was founded by Chieh Huang, Christopher Cheung, William Fong, and Jared Yaman. The mobile app launched in August 2013 and allows customers to shop for wholesale products and have them delivered. Huang got the idea when he was living in New York City and did not have the same ability to shop at the wholesale clubs as he did while growing up in New Jersey. With their background in mobile gaming, the team created an app for iPhone and Android, and several months later, launched the Boxed website at Boxed.com. The company first started shipping out of Huang's garage in Edison, New Jersey, before opening their first fulfillment center, also in Edison, in December 2013. In May 2014, Boxed launched Express, its on-demand grocery delivery service, available in most of New York City, parts of New Jersey, and Boston. Customers can shop bulk sizes of fresh and frozen groceries and choose a delivery date and time. In January 2017, the Today Show profiled Boxed as the wholesale shopping app for millennials, and highlighted the company's benefits, and in 2018, Business Insider compared it to Costco. In 2018, Boxed launched a membership program called Boxed Up. In May 2019, Lidl partnered with Boxed to deliver groceries. In July 2019, Prentis Wilson joined Boxed as president. In August 2019, Boxed announced a partnership with New York-based retailer, Century 21 to create a line of beauty and clothing items. It was the first time that Boxed had been offering those items to customers through its service,