Sequoia Leads $20 Million Investment in Clutter

 

Ari Mir and Brian Thomas, co-founders of Clutter, at one of their many storage centers. Their full-service storage product picks up, stores and returns customer's belongings at the push of a button. On April 7, Clutter announced Sequoia Capital led their recent Series B funding for $20M after previously leading Clutter's Series A in the Fall.

Ari Mir and Brian Thomas, co-founders of Clutter, at one of their many storage centers.

LOS ANGELESClutter, the leading on-demand storage provider that picks up, stores and brings back your belongings at the click of a button, has raised $20 million from Sequoia Capital. This investment comes on the heels of Sequoia leading Clutter’s $9 million Series A in late 2015. The capital will be used to accelerate Clutter’s geographic expansion throughout the top US metro markets.

“Clutter’s strong use of technology enables them to provide a step-function better storage experience at price parity with the incumbents in this $30 billion market,” said Omar Hamoui, partner, Sequoia. “Brian, Ari and team have surpassed all our expectations and we’re excited to double down on our support for their efforts to build a transformative company.”

Clutter launched its simpler, consumer-friendly full-service storage solution in 2013 in Los Angeles. Since raising their Series A in October 2015, only six months prior, Clutter has grown nearly five times and now operates in Los Angeles County, New York, the Bay Area, New Jersey, San Diego, Orange County and Ventura County.

“To have had Sequoia, an investor in Google, Apple, YouTube and other landmark companies, lead both of our rounds is a true testament to their belief in not only the team that we’ve created, but the market opportunity ahead of us,” said Brian Thomas, co-founder and CEO of Clutter. “Sequoia’s world-class guidance and resources will allow us to continue our vision of making the world more convenient.”

Clutter, based out of Los Angeles, is backed by Sequoia, Wonder Ventures, Resolute Ventures and others,┬átakes the “self” out of self-storage. The company employs over 175 team members across their various markets and is currently hiring.