Box Ventures, a NYC-based company that invests in subscription model services, closed a $500k seed funding round.
The investment was led by Vandaele Capital LLC, with participation from prominent individual backers.
The company intends to use the capital to expand its customer base, continuing to grow its brands, enhance its online shopping platform, fill key management positions, and scale operations.
Co-founded by RaeAnn L’Hommedieu in December 2012, Box Ventures provides Boxtera, a subscription box that allows people to discover healthier food options. It distributes organic brands of healthy foods and snacks produced by small businesses. The company’s organic snacks are hand picked each month and delivered in a recyclable snack box.