MakeSpace, a New York-based self-storage startup, raised $8m in Series A funding round.
The round was led by Upfront Ventures, with participation from Founders Fund and OATV, and existing investors Lowercase Capital, High Peaks Venture Partners, and Collaborative Fund. Upfront Ventures’ Mark Suster joined the board.
The company, which has now raised $10.1m, plans to use the funds to introduce innovative products, expand operations and maintain the customer service. It is hiring (read here).
Led by CEO Sam Rosen, MakeSpace allows people to store their physical belongings to the cloud. with reservations available for scheduled drop-off and pick-up times. For $25/month, the platform allows users to store four bins of photo-catalogued items, viewable at any time on their account page. All items are retrievable – with a driver bringing the selected boxes in under 48 hours to the user’s address.
MakeSpace currently serves New York City and surrounding areas.
FinSMEs
02/05/2014