What is Clutter?
Founded in 2013, Clutter provides comprehensive moving and storage services, utilizing a fleet of trucks for the pickup, secure storage, and delivery of personal belongings. The company differentiates itself by managing the entire logistics chain, offering a convenient alternative to traditional self-storage units through its network of warehouse facilities. Clutter's innovative approach addresses the complexities of storage and relocation for consumers, positioning it as a key player in the evolving logistics and storage market.
How much funding has Clutter raised?
Clutter has raised a total of $297.4M across 7 funding rounds:
Multiple Rounds
$13.4M
Series B
$20M
Series C
$64M
Series D
$200M
Private Equity (2015): $2M with participation from AmplifyLA and Resolute Ventures
Other Financing Round (2015): $1.3M led by Amplify.LA, Brad Zions, Brendan Wallace, Otter Rock Capital, and Wonder Ventures
Debt (2015): $1.1M, investors not publicly disclosed
Series A (2015): $9M featuring Steamboat Ventures
Series B (2016): $20M backed by Steamboat Ventures
Series C (2017): $64M with participation from Fifth Wall, Seqouia Capital, Google Ventures, and Atomico
Series D (2019): $200M led by GV, SoftBank Vision Fund, Four Rivers Group, Fifth Wall, Atomico, and Steamboat Ventures
Key Investors in Clutter
GV
GV is a venture capital firm founded in 2001 that invests across multiple stages and sectors, focusing on enterprise solutions, life sciences, consumer products, and frontier technology innovations. They provide financial backing to promising startups and growth-stage businesses globally.
SoftBank Vision Fund
SoftBank Vision Fund is a key investment platform of SoftBank Group Corp., a global technology holding company focused on driving innovation across various sectors including AI, robotics, and clean energy. They back businesses with the potential to shape the future of technology.
Fifth Wall
Fifth Wall is the largest venture capital firm focused on technologies for the global real estate industry (proptech). They connect major real estate owners and operators with technology entrepreneurs redefining the future of the physical environment.
What's next for Clutter?
The substantial enterprise-level backing and recent strategic investment signal Clutter's maturation into a scaling enterprise. This capital infusion is likely to be directed towards expanding its operational footprint, enhancing its technological infrastructure for greater efficiency, and potentially exploring new service verticals within the logistics and moving industry. The company's trajectory suggests a focus on solidifying its market leadership and optimizing its service delivery model to meet growing consumer demand for flexible storage solutions.
See full Clutter company page