Boxes Interactive

What they do & why the LACI Cleantech Debt Fund invested

Started in Uruguay, Boxes Interactive provides a blended digital and retail experience for brands and consumers. Their “Boxes” are self-service retail devices in high-traffic areas such as bathrooms, stadiums, and college campuses. Through the Boxes, retail brands offer alternatives to single-use plastics with biodegradable and sustainable products while providing consumers easy access to products either as a point-of-sale transaction or as digital referrals for coupons and subscription services.

Boxes has developed a retail platform designed to enhance sustainable shopping experiences, engaging customers with free samples, interactive surveys, discount coupons, and offering a way for shoppers to provide post-trial product reviews.

The company earns revenue through subscription fees paid by retail brands to use its Boxes as software-as-a-service, and through commissions on products sold through their machines.

After initial success in Uruguay operating 70 devices with customers such as SC Johnson, Unilever, and Kimberly Clark, the company was selected for the Techstars accelerator program and launched operations in the U.S.

Boxes came to the LACI Cleantech Debt Fund through the Greentown Labs accelerator and has since received early-stage SAFE, convertible note, and grant funding from Techstars, Google, and other early venture firms. The company has also been accepted into the Jon Brumley Texas Venture Labs (TVL) Accelerator at the University of Texas.

Managed by Mission Driven Finance, the LACI Cleantech Debt Fund invests in companies working on solving challenges related to climate change. Capital from the fund will allow Boxes to build 20 additional units to be installed at premium locations.