Clutter Raises $200M
Clutter , the California-based startup offering storage services, has raised $200m in a Series D round led by SoftBank Vision Fund, with participation from Sequoia Capital, GV, Four Rivers Group, Fifth Wall and Atomico.
Founded in 2013 by Ari Mir and Brian Thomas, Clutter offers storage, moving, and packing services, allowing customers to schedule pickup and delivery on-demand. The startup is currently available in parts of California, as well as NYC, NJ, Chicago, and Seattle. When it come to insurance, Clutter offers a limited security warranty policy, along with the option to purchase a $1000 or $2500 protection plan.
“Before Clutter, the storage customer experience had been largely unchanged since the first self-storage facility opened in the 1960s. To store their stuff, consumers’ only option was to bear the burden of moving their items in and out of storage themselves. If people don’t want to leave the house to pick up Chinese food, why would they want to spend their Saturday renting a truck and lugging their stuff to storage? At the end of the day, consumers want more time back – and that’s where Clutter comes in.” – Cofounder and CEO of Clutter, Ari Mir.
“We believe that storage is a vast and traditional market with huge potential for disruption, and Clutter’s technology and superior customer proposition will help facilitate future growth in expanding urban communities where space is at a premium. Clutter is using technology to help people conveniently store and access their possessions on demand. We are excited to partner with Ari and his team to support the next phase of their growth into new domestic and international markets.” – Director at SoftBank Investment Advisers, Justin Wilson.