Keep the convenience of shopping online and toss the inconvenience it has on the environment with Bound! The reusable box your consumers will love!
Denver, CO, USA
One Liner
One Liner
Keep the convenience of shopping online and toss the inconvenience it has on the environment with Bound! The reusable box your consumers will love!
What Problem We are Solving
Problem
Cardboard boxes are inconvenient to the consumer and pose a serious problem to our environment. The process of trying to open, deconstruct and cram your cardboard box into a recycling bin is unnatural, irritating, and wasteful. Bound allows consumers to easily open, collapse, and return through the mail. This saves retailers countless dollars in material and significantly reduces waste.
About Us
About Us
The packaging industry is starting to look for ways to ship products conveniently and sustainably. Bound recognizes that if everyone is trying to think outside the box, maybe it is the box that needs fixing. Bound takes the average box and changes its single use function with origami, allowing consumers to easily collapse and return their used package without ever leaving the driveway.
Venture Highlights
Highlights
US Plastics Pact sustainable innovation awards: Bound was a finalist in the first ever US Plastics Pact sustainable innovation award. Finalists were picked by their environmental contribution and innovation. Bound is now partnered with the Plastics Pact.
Competitive Advantage
Quote
Aside from outperforming the cardboard box in every way, Bound is the only sustainable packaging solution capable of scaling to the quantities seen in todays shipping industry. Other sustainable packaging solutions are all limited to logistics, price, and/or resources. Bound is designed to work with current fulfilment and logistical operations. Bound is the only solution capable of utilizing USPS mail services, providing each consumer the convenience of returning the box without ever leaving the driveway.
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Go-To Market Strategy
Business Strategy
Bound is not a consumer product. Strategy is focused on building strategic partnerships and forming alliances with major organizations in the packaging industry. Bound is currently collaborating with Georgia Pacific, USPS, and the US Plastics Pact. This collaboration will help bound with marketing, manufacturing, distribution, and acquiring new customers.
In short, the two companies listed below are fantastic packaging solutions in their own space, but none of these packaging solutions can substitute or compete with the cardboard box. The cardboard box is our only direct competitor and Bound is the only substitute capable of replacing it.
Boox:
Pros: Boox provides select retailers with a sustainable and appealing way to ship their product.
Cons: Boox is not a substitution to the cardboard box. Boox only applies to a small share of the market and is less convenient to the consumer across the board.
Loop:
Pros: Loop provides select retailers with a sustainable and appealing way to ship their product.
Cons: Loop is not a substitute to the cardboard box. Loop is not a practical way to ship everyday items. Loop only applies to a small share of the market and is less convenient to the consumer when compared to cardboard.
We are open to meeting up to grab a coffee, or just to chat.
We would really enjoy your feedback and insight into our venture and would be happy to discuss anything that you are currently working on to see if we can be of service!
Share
Capital
Name
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Valuation
$10M
TAM SAM SOM
TAM
$219B
SAM
$100B
SOM
$22B
Business Stage
Business Stage
Beta
Business Type
Business Types
Venture Capital Backed
Categories
Sustainability
CleanTech
B2B2C
B2B
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