How Much Did Move & Store Raise?
Funding & Key Investors

New Latitude Moving and Storage has successfully secured a significant capital injection, bringing its total funding to $706K. This latest infusion of $356K represents a major strategic investment aimed at bolstering the company's operational infrastructure and expanding its service footprint within the logistics and relocation sector. By leveraging debt financing, the firm demonstrates a calculated approach to scaling its enterprise-level capabilities while maintaining a focus on long-term fiscal stability.

What is Move & Store?

Move & Store
TransportationTrucking, Moving & Storage

Formerly operating as Move & Store, New Latitude Moving and Storage has established itself as a cornerstone of the Birmingham, Alabama relocation market. With over two decades of industry experience, the company provides a comprehensive suite of services, including residential and commercial moving, secure storage solutions, and professional packing. The rebranding signifies a pivot toward a more robust market presence, positioning the firm to capture greater share in both local and long-distance logistics segments. Their operational model emphasizes reliability and stress-free transitions, which has become a critical differentiator in a highly fragmented moving services landscape.

How much funding has Move & Store raised?

Move & Store has raised a total of $706K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$356K

Debt (2020): $350K with participation from PPP

Debt (2021): $356K led by PPP

Key Investors in Move & Store

PPP

Public-Private Partnership

What's next for Move & Store?

With the recent capital deployment, New Latitude Moving and Storage is poised to accelerate its growth trajectory through enhanced service delivery and potential geographic expansion. The strategic focus will likely center on optimizing supply chain efficiencies and upgrading storage facility technology to meet the evolving demands of commercial clients. As the company transitions into this new phase of development, the management team is expected to prioritize market penetration and brand consolidation. This investment serves as a catalyst for the firm to solidify its reputation as a premier provider in the regional logistics space, ensuring that its service offerings remain competitive against larger, national incumbents.

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Frequently Asked Questions Regarding Move & Store Financial Insights

What are the most recent funding rounds that Move & Store has completed, and what were the funding rounds?
Move & Store has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Move & Store has raised to date?
Move & Store has raised a total of $706K in funding to date.
How many funding rounds has Move & Store completed?
Move & Store has completed 2 funding rounds.
How much funding did Move & Store raise in its most recent funding round?
Move & Store raised $356K in its most recent funding round.
Who are the lead investors in Move & Store's latest funding round?
The lead investor in Move & Store's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Move & Store's history?
The largest funding round in Move & Store's history was $356K.
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