Bulu Box Raises $2 Million in New Funding Led By Dundee Venture Capital.
Blue Box has recently announced raising their second round round of capital, a Series A financial funding round led by Dundee Venture Capital, with a total raised amount of more than $ 2 million for the vitamin and supplement discovery e-commerce company. Investors for this round of funding included Midwest Ventures Alliance, Mid-American Angels Investments and The Bridge Capital. The financing will allow them to increase hire, enhance customer acquisition channels and product development.
“This funding, and the continued support of past investors like Dundee Venture Capital and Linseed Capital, will allow Bulu Box to continue to grow our customer base and hire the talent needed to sustain our current growth,” said Bulu Box Co-Founder and CEO Paul Jarrett.
Bulu Box provides customers in all 50 U.S. States with a monthly subscription boxes of premium supplements, weight loss and nutrition product samples. Co-founder and CEO, Paul Jarrett was named during Pipeline’s 2013 Innovator of the Year in recognition of Bulu Box’s success in disrupting archaic vitamin and supplement industry with data-driven sampling and e-Commerce technology.
This round of funding arrive during their time of a humongous growth for the company. During the previous year, Bulu Box has manage to increase its monthly revenue 750% implemented as a rewards point program, and introduced ROI sampling technology. Launched during June 2012, the company has teamed up with top nutritional supplement brands, including Shapeology Nutrition, Naturade, NeoCell and PowerBar.
Bulu Box is a premium vitamin and supplement sample subscription company based in Lincoln, Nebraska and founded during 2012. Brand partners such as Monitoba Harvest, Simple Being Nutrition and PowerCrunch have teamed up with Bulu Box to connected to customers and receive more attention for their products.