HomeUSAClutter Raises $200M in Series D Funding

Clutter Raises $200M in Series D Funding

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clutterClutter, a Culver City, Calif.-based tech-enabled, on-demand storage company that manages the pickup, storage and retrieval of belongings, closed a $200m Series D funding.

The round, which brings total funding to $297m, was led by SoftBank Vision Fund with participation from Sequoia, Atomico, GV, Fifth Wall and Four Rivers. As part of this investment, Justin Wilson of SoftBank Investment Advisers will join Clutter’s board.

The company intends to use the funds to accelerate expansion into new markets in 2019, including Philadelphia, Portland and Sacramento and consolidate in its existing markets.

Founded in 2015 by Ari Mir and Brian Thomas, Clutter is a tech-enabled storage company that lets people store extra stuff without actually leaving the house via professional movers and a logistics platform to manage and retrieve items.
The company currently provides storage services in New York, San Francisco, Los Angeles, Orange County, San Diego, Chicago, New Jersey, Philadelphia and Seattle.

FinSMEs

20/02/2019