Move Loot Raises $9m in Funding

MoveLootMove Loot, a San Francisco, CA-based online furniture marketplace, raised $9m in funding.

The round was led by Metamorphic Ventures, with participation from First Round Capital, Index Ventures, Great Oaks, IDG, Sherpa Ventures, Y Combinator and Google Ventures.

The company intends to use the funds for geographic expansion.

Launched in October 2013 by Bill Bobbitt, CEO, Move Loot operates an online marketplace for pre-owned home goods featuring complimentary pick-up, listing, storage, and delivery of all goods exchanged.
It is a 60-person company stocked with goods in three warehouses across the country (San Francisco Bay Area, Raleigh, Durham, and Charlotte, NC).




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