SpareFoot
Latest round
- Series C
Last raised
- Feb 2014
Total raised
- $14M
Investors
- 5
About SpareFoot
SpareFoot, Inc.SpareFoot, Inc. was founded in 2008 and is headquartered in Austin, US. The company specializes in self-storage solutions, allowing customers to easily find and reserve storage units. In March 2018, Cove Hill Partners acquired a majority stake in SpareFoot from Insight Partners, Monkfish Equity, and Revolution Ventures, with the terms undisclosed.SpareFoot operates as a comprehensive online marketplace for self-storage, providing users with access to over 20,000 storage facilities across the United States. The platform connects customers with various storage solutions, including standard self-storage units, climate-controlled units, and specialized options for vehicles, boats, and RVs. It caters to a diverse clientele, including individuals relocating, students needing temporary storage, and businesses looking for additional space.SpareFoot generates revenue through direct transactions between consumers and storage facilities, operating on a commission model that involves booking fees for reservations. The company earns a percentage of the rental fees charged by storage providers for units booked through its platform.SpareFoot is focused on developing new services aimed at enhancing user experience and expanding its market reach. The company has plans for geographic expansion to penetrate additional metropolitan areas and improve service offerings. Following a strategic pivot with the acquisition by Cove Hill Partners, SpareFoot is poised to leverage its resources to increase its footprint in the self-storage industry.
Who invested in SpareFoot
5 investors across 4 rounds
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Questions about SpareFoot
Who invested in SpareFoot?
SpareFoot has 5 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SpareFoot raised?
SpareFoot has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did SpareFoot last raise money?
SpareFoot's most recent round on record is a Series C, in Feb 2014.
What does SpareFoot do?
SpareFoot is a internet company.
Where is SpareFoot headquartered?
SpareFoot is headquartered in Austin, US.
Which VCs invest in companies like SpareFoot?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at SpareFoot's stage. Their profiles are linked below.
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