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§ Private Profile · New York City, NY, USA
MakeSpace is a technology company.
MakeSpace operates an on-demand storage service designed to simplify the management of physical belongings. The company provides a comprehensive solution where it picks up, stores, and delivers items directly to and from its customers' locations. This service offers a modern approach to traditional self-storage, positioning itself as a "cloud storage for physical stuff" by integrating logistical support with storage infrastructure.
The company was co-founded in 2013 by Sam Rosen and Rahul Gandhi, with Rosen initially serving as CEO before Gandhi took the helm. Their foundational insight stemmed from recognizing the untapped potential to revolutionize the often cumbersome and fragmented traditional storage industry. By leveraging the burgeoning interest in on-demand services, MakeSpace aimed to offer a more convenient and accessible alternative for urban dwellers and businesses.
MakeSpace primarily serves individuals and small businesses seeking to declutter or temporarily store items without the hassle of self-transportation. The company’s vision is to become a dominant player in the evolving on-demand storage market, addressing the persistent need for flexible physical storage solutions. It continues to expand its geographic reach by efficiently utilizing strategic infrastructure to deliver its services.
MakeSpace has raised $189.3M across 8 funding rounds.
MakeSpace has raised $189.3M in total across 8 funding rounds.
MakeSpace was a tech-enabled storage company founded in 2013 that provided on-demand pickup, secure storage, and delivery of customers' belongings, primarily serving urban residents facing space constraints.[1][2][3][4] It solved the hassle of traditional self-storage by offering a seamless app-based experience with digital photo inventories, operating in up to 31 major North American cities like New York, Los Angeles, and Chicago before its 2021 acquisition by Clutter.[1][3] The company raised $142.5–150 million in funding, achieved $65.3 million in revenue, and employed around 76 people, positioning it as a disruptor in the $38 billion storage industry through superior logistics and consumer convenience.[1][3]
MakeSpace emerged in 2013 from founders addressing urban dwellers' lack of space and car access, particularly in dense cities like New York, where traditional storage was inconvenient.[1][3][4] CTO Nicolas Grasset described it as "cloud storage for personal belongings," powered by proprietary tech for pickups, tracking, and deliveries via iOS apps for logistics teams.[4] Early growth included a Series D from Iron Mountain, forming a joint venture that expanded from 4 to 31 markets in 18 months; it became a top-5 rated storage provider in NYC within six years before Clutter acquired it in 2021, integrating operations into a broader U.S. network covering 60% of Americans.[1][3]
(Note: Unrelated entities like the Cambridge makerspace [5] or Louisville web design firm [6] share the name but lack tech-storage alignment.)
MakeSpace rode the on-demand economy wave, applying Uber-like convenience to the antiquated $38 billion self-storage sector amid urbanization and rising demand for space-efficient living.[1][3] Its timing capitalized on smartphone penetration and logistics tech advances, enabling efficient fleet management and photo cataloging that traditional players couldn't match.[4] By partnering with Iron Mountain and expanding via acquisition into Clutter's network, it influenced ecosystem consolidation, broadening tech-enabled moving/storage to 6,500 U.S. towns and pressuring incumbents to modernize.[3]
Post-2021 acquisition, MakeSpace operates under Clutter, leveraging combined scale for expanded moving, storage, and packing across 60% of U.S. households—poised for further tech enhancements like AI routing.[3] Trends in urban density, e-commerce returns, and remote work will drive demand, potentially evolving its influence through Clutter's SoftBank-backed growth into integrated logistics platforms.[3] This ties back to its core mission: transforming storage from a chore into effortless "cloud" access for belongings.
MakeSpace has raised $189.3M across 8 funding rounds. Most recently, it raised $55.0M Other Equity in May 2020.
MakeSpace has raised $189.3M in total across 8 funding rounds.
MakeSpace's investors include Deirdre Evens, 8VC, CX Collective, Maywic Select Investments, Provenio Capital, Ten Eighty, Upfront Ventures, Accel, Amazon Alexa Fund, BDC Venture Capital, Redpoint Ventures, John Kobs.