# Moved

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

- Industry: Consumer Services
- Headquarters: New York, US
- Website: www.moved.com
- Total disclosed funding: $3.2M
- Latest round: Seed (Jun 20, 2018)
- Investors on record: 4

## About

Moved provides a comprehensive platform aimed at simplifying the moving process for multifamily operators and residents, enhancing efficiency and user experience.Founded in 2016 and headquartered in New York, US, Moved specializes in automating the move-in and move-out logistics for multifamily properties. The company's founders, Adam Pittenger and Christopher Carney, have a background in real estate and technology. Moved has successfully raised a total of USD 3.20 mn through 2 funding rounds, with the latest round being a Seed round of USD 3.20 mn on August 4, 2022, featuring investors such as AngelPad, FJ Labs, Lowe's Companies Ventures, and Real Estate Technology Ventures.Moved offers an integrated platform designed to streamline the resident move-in and move-out processes for multifamily operators and their residents. The core offerings focus on automating these logistics to enhance operational efficiency and improve the resident experience. By providing a property-branded portal, Moved enables residents to complete essential moving tasks seamlessly, while automating reminders and notifications throughout the process. This approach addresses the common pain points associated with moving, such as time consumption and resource allocation challenges faced by property management teams. Moved primarily serves multifamily property managers and operators across various geographical markets, including major urban centers in the United States. The platform's functionality is tailored to suit portfolios of all sizes, ensuring a customizable experience that benefits both property managers and residents alike.Revenue generation for Moved is primarily derived from partnerships with multifamily property management companies, where the platform operates on a B2B model. Clients subscribe to Moved’s services to access the technology that automates resident move logistics. Transactions typically involve subscription-based agreements that provide property managers with the tools to enhance their operational efficiency while simultaneously creating ancillary revenue streams from additional services offered to residents. Moved facilitates these transactions by connecting property managers with trusted vendors and service providers, optimizing the move-in and move-out experience. This structured approach allows for consistent revenue from a diverse client base, which includes more than 2,700 properties and 500,000 units nationwide, thereby enhancing overall business performance.Moved intends to leverage recent funding from August 2022 to expand its product offerings and improve its platform. The company is actively developing new features aimed at increasing user engagement and enhancing the overall moving experience. Additionally, Moved is planning to expand its services to new geographic markets beyond its current presence, focusing on regions with higher multifamily housing densities. The implementation of these initiatives is expected to align with their strategic growth plans through the remainder of 2023.

## Funding rounds

- Seed, Jun 20, 2018, $3.2M — Lowe's Companies Ventures, AngelPad, FJ Labs, RET Ventures

## Investors

- Lowe's Companies Ventures (https://capitalatlas.ai/funds/lowe-s-companies-ventures) — Seed
- AngelPad (https://capitalatlas.ai/funds/angelpad) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- RET Ventures (https://capitalatlas.ai/funds/ret-ventures) — Seed