(L-R) Bryan McEire, CTO; Maximilian Birner, Co-Founder & CEO; Tarun Somani, COO
Boxhub, a New York-based online marketplace for shipping containers in the United States, raised $12.4M in Series A funding.
The round was led by AlleyCorp, with participation from Solasta Ventures, Interplay VC, FJ Labs, and Hum Capital. Boxhub added AlleyCorp Partner Susannah Shipton to its Board of Directors.
The company intends to use the funds to accelerate its international expansion and product development.
Founded in 2017 and led by CEO Maximilian Birner, Boxhub is an e-commerce and logistics platform enabling the purchase, sale, and delivery of shipping containers. The company uses automation and a localized logistics network to introduce shipping containers retired from international trade to a secondary market.
Boxhub has established a diverse portfolio of enterprise container buyers ranging from retailers and construction firms with portable storage needs to non-profits creating children’s libraries and emergency healthcare clinics. Beyond large-scale businesses, the company has become popular with consumers undertaking container-based upcycling initiatives such as tiny houses, vertical farms, home offices, workshops, and swimming pools.
In 2022, Boxhub raised a $2.4M seed round led by Delivery Hero founder and CEO Niklas Östberg, with participation from Unity Technologies founder David Helgason; Uber founding engineer Conrad Whelan; and Innoport, the VC arm of maritime leader Schulte Group, among others.
FinSMEs
03/07/2023