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[Funding alert] B2B platform Boxs Secures $1.6 mn in Funding led by Peak XV's Surge

By Team VS
New Update
Boxs, a B2B manufacturing platform for architects and interior designers, disclosed on Tuesday its company had raised $1.6 million in a funding round that was spearheaded by Peak XV's Surge.

Surge from Peak XV led a $1.6 million financing round for Boxs, a business-to-business manufacturing facilities platform for architects and interior designers.

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The Zetwerk founders and Titan Capital also took part in the seed funding round. According to a statement from the company, the extra funding will be utilized to upgrade Boxs' product line and expand its manufacturing capacity, as per reported by The Economic Times.

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“For far too long, interior design firms have been stuck with decades-old systems and processes, and spend a disproportionate amount of time managing workers onsite to ensure the final build quality and timelines are met. Even large, established firms struggle to build their designs on time,” said Vikram Venkatesan, co-founder of Boxs.

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The designers can also have their designs delivered as fully assembled products, similar to purchasing goods on Ikea, the statement added. The final products are manufactured through an automated supply chain and delivered assembled, in two to three weeks.

"We are really proud to be partnering with Boxs early in their journey given their unique insights into the interior value chain and the team's capability to apply tech to bring efficiency into the design-to-build process,” said Bipin Shah, Partner at Titan Capital.

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About Boxs

Building Boxs, a B2B commerce platform that allows Interior Designers to build any custom design using a simple e-commerce-like buying experience.

The products are built off-site using tech and delivered as fully assembled units, eliminating errors and delays compared to building with carpenters and contractors.