MakeSpace, LLC
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MakeSpace, LLC - overview
Established
2013
Location
New York, NY-New York, US
Primary Industry
Consumer Services
About
MakeSpace, LLC offers innovative storage and moving solutions, providing customers with on-demand services that simplify logistics while accommodating their personal and business needs. Founded in 2013 and headquartered in New York, US, MakeSpace, LLC specializes in on-demand storage services designed for individuals and businesses. The company was co-founded by Mark Palmer and Rahul Gandhi. In May 2020, MakeSpace raised USD 55 mn in Series E funding, led by Iron Mountain Inc.
, with participation from other notable investors. The firm has executed a total of 6 deals to date, with the most recent deal occurring on May 21, 2020. MakeSpace provides customizable moving and storage solutions, focusing on on-demand storage where customers can easily schedule pick-ups and deliveries. Their services cater to urban dwellers in need of temporary storage and businesses looking for scalable inventory solutions, all while ensuring accessibility in major metropolitan areas across the US.
The revenue generation model at MakeSpace includes both direct-to-consumer and business-to-business transactions. They charge for storage space, moving services, and additional options like packing, allowing for flexible pricing based on client requirements. This model positions MakeSpace competitively in the moving and storage sector. Following the USD 55 mn Series E funding raised in May 2020, MakeSpace plans to develop new products and expand its service offerings.
The funding will support the launch of upcoming services, targeting major urban markets for expansion. Specific geographic targets have not yet been disclosed, but the company aims to utilize the recent investment to enhance its operational capabilities and market reach.
Current Investors
Upfront, Primary Venture Partners, Indie Enterprises
Primary Industry
Consumer Services
Sub Industries
Courier & Delivery Services
Website
www.makespace.com
Verticals
E-commerce, Mobile Apps
Company Stage
Series E/Round 5
Total Amount Raised
Subscriber access only
MakeSpace, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Clutter Inc. | - | ||||||||
| Series E | Completed | MakeSpace, LLC | - | ||||||||
| Series D | Completed | MakeSpace, LLC | - | ||||||||
| Series C | Completed | MakeSpace, LLC | - | ||||||||
| Series B | Completed | MakeSpace, LLC | - |
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