Dolly, a Seattle, WA-based peer-to-peer app that allows people and businesses move, haul and deliver goods, closed an $8m Series A funding.
The round was led by Maveron with participation from Jeff Wilke, Chris Capps and Dick Kiphart from KGC Capital, and other angel investors.
The company intends to use the funds to expand into nearly 20 additional markets by the end of 2016, build an engineering, business development, marketing and operations team and continue to develop strategic alliances.
Founded by Michael Howell, Chad Wittman, Jason Norris and Kelby Hawn, Dolly provides a peer-to-peer mobile app for moving, hauling and delivery. Within minutes, users can download the app, answer a few questions, get an upfront, guaranteed price and set up a 30-minute window for their move.
Dollys are serviced by “Helpers,” thoroughly reviewed and trained service contractors who use their own reliable pickup trucks, vans and large SUVs.
Every move can be tracked in the app via GPS, and all transactions are 100% cashless.
The company, which is present in Seattle, Chicago and Seattle, had raised an initial $1.7m seed investment in October 2014.
FinSMEs
01/10/2015