Thursday, January 31, 2019

Report: Clutter Seeking Up To $250M In New Funding Round

Los Angeles-based on-demand moving and storage company Clutter is reported to be raising somewhere between $200M to $250M in a new funding round, according to a report today, saying that the yet-to-be-completed round is being led by Softbank. Citing "sources", the report by TechCrunch said the round values Clutter at between $400M and $500M. It's unclear who leaked the details on the round, which sometimes occurs when a company is seeking additional investors or testing for acquirer interest. Clutter offers up an on-demand, app-driven service which lets users request pickup and storage of their items; the company also offers up moving services. Clutter's prior investors include AmplifyLA, Atomico, Google Ventures, Resolute.vc, Sequoia Capital, Matt Coffin, David Sacks, and Joanne Wilson.