MakeSpace, a NYC-based on-demand storage company, raised $55M in equity financing and some debt.
The round was led by Iron Mountain (NYSE: IRM), with participation from 8VC, Upfront Ventures, Maywic Select Investments, Ten Eighty, Provenio Capital, and CX Collective. In conjunction with the funding, Rahul Gandhi, co-founder and CEO of MakeSpace.
The company intends to use the funds to expand product and technology development and its geographic reach.
Founded in 2013, MakeSpace aims to make storage convenient and consumer-friendly, creating a tech-enabled storage experience. Customers pay only for the space they need, and schedule pickups, drop-offs, and other services through an app and digital photo inventory. The company is now available in 31 markets across North America.