Moveline, a New York City-based marketplace for moving people, has raised $1.5m in seed funding.
The round was led by ffVC, with participation from Chris Sacca’s Lowercase Capital, Quotidian Ventures, David Tisch’s Box Group, 500 Startups, David Cohen, Rony Kahan, Bill Boebel, Jason Seats, Paul Sethi, Thomas Wisniewski, and David Calone.
The company intends to use the funding to hire new team members, adding to its web and mobile platforms, and expand operations to new cities.
Founded by Frederick Cook and Kelly Eidson, Moveline aims to redesign and simplify the customer moving experience and bring transparency to the industry. Using either video or FaceTime on their iPhone/iPad, users connect with a Moveline employee to film a quick video of their place. Based on it, the company creates a detailed inventory of the items, estimates the boxes users need to pack everything, and sends the list back to them. From there, users can decide which items they’ll be moving, and cross things off the list as they sell or donate them.
As part of the investment, John Frankel, Partner and Founder of ffVC will be joining Moveline’s board.
The company had raised a $400k from Modea Ventures and Lawrence Transportation Systems In December 2011 and completed the TechStars NYC program in June 2012.
FinSMEs
31/10/2012