# Dolly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dolly

- Industry: Consumer Services
- Headquarters: Seattle, US
- Website: www.dolly.com
- Total disclosed funding: $9.7M
- Latest round: Series A (Oct 1, 2015)
- Investors on record: 3

## About

Dolly, Inc. offers on-demand moving assistance and furniture delivery services, providing consumers and retailers with efficient same-day and scheduled delivery options tailored for various needs.Dolly, Inc. was founded in 2014 in Seattle, US, and specializes in connecting consumers with independent Helpers for moving and delivery tasks. The company has raised a total of USD 7.50 mn across various funding rounds, with the most recent being led by Unlock Venture Partners on July 13, 2021. The firm has completed 4 deals to date. The founders, Chad Wittman, Jason Norris, and Michael Howell, have established a firm operational base in multiple urban centers throughout the United States, where demand for their services is significant.Dolly provides on-demand moving assistance and furniture delivery services, focusing on same-day and scheduled deliveries. Their primary offerings include apartment moving support and store deliveries that allow customers to receive items purchased from any store on the same day. This model benefits individuals needing assistance with larger possessions and supports retailers by enhancing delivery capabilities. The platform connects consumers with 'Helpers,' independent contractors providing the necessary transport and labor.Dolly's revenue model is based on transactions between consumers and independent Helpers facilitated through the digital platform. Customers pay fees based on the type of service requested, such as moving assistance or retail deliveries. The pricing structure reflects the distance, volume of goods, and time sensitivity of services, while partnerships with retailers enhance overall service efficiency and consumer satisfaction.Following its acquisition by Updater Inc. on July 13, 2021, Dolly aims to dramatically expand its consumer base and operational efficiency. The recent funding will be directed towards enhancing service offerings and possibly entering new geographic markets, leveraging Updater’s resources to drive growth. Specific details on upcoming product launches or additional targeted markets have not been disclosed at this time.

## Funding rounds

- Series A, Oct 1, 2015, $8M — Maveron
- Seed, Dec 11, 2014, $1.7M — KGC Capital, Hyde Park Venture Partners

## Investors

- KGC Capital (https://capitalatlas.ai/funds/kgc-capital) — Seed
- Hyde Park Venture Partners (https://capitalatlas.ai/funds/hyde-park-venture-partners) — Seed
- Maveron (https://capitalatlas.ai/funds/maveron) — Series A