Nextories

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Nextories - overview

Established

2011

Location

Paris, -, France

Primary Industry

Transportation Services

About

Nextories is a relocation service provider that connects clients with certified moving professionals, offering an efficient platform for scheduling and managing moving services. Founded in 2011, Nextories is based in Paris, France. The company specializes in relocation services, creating a platform that links clients with certified movers. The founder, Julien Bardet, has a history of entrepreneurship.


In September 2017, the company raised EUR 1. 8 million in a GROWTH funding round led by M Capital, bringing the total amount raised to EUR 1. 8 million. Nextories specializes in providing comprehensive relocation services tailored to individual customer needs.


Their primary offering is a platform that connects clients with certified moving professionals, streamlining the process of selecting movers and managing contract transfers. By leveraging technology, customers can schedule appointments online where their needs are assessed through video conferencing, phone consultations, or home visits. Nextories gathers and analyzes data regarding the volume of items to be moved and the specific requirements of each client, ultimately facilitating a competitive bidding process among a network of certified movers. The company serves a diverse clientele, including individuals and businesses, across various geographical markets including France, Germany, Belgium, Canada, Spain, the United States, Italy, Luxembourg, the Netherlands, Portugal, the United Kingdom, Switzerland, and overseas territories like Guadeloupe, Martinique, and Réunion.


Nextories generates revenue by partnering with a network of certified moving companies, charging them for the organization and facilitation of moving services. The typical transaction structure involves clients utilizing Nextories' platform to receive personalized quotes from a selection of movers, after which they can choose the service provider that best meets their criteria based on price and quality ratings. Clients do not incur direct costs for using Nextories' services, as the company earns revenue through its partnerships with the movers themselves. In this model, the pricing for moving services can vary depending on the complexity of the move, volume of items, and specific additional services requested, such as handling fragile items or providing storage solutions.


By coordinating these transactions effectively, Nextories aims to provide an efficient and transparent moving experience. Nextories plans to utilize the EUR 1. 8 million raised in September 2017 to enhance its platform and expand into new markets. The company is looking to increase its presence in Germany and the United Kingdom by the end of 2023, introducing new features to its service that will facilitate even smoother relocation processes for its clients.


Upcoming products include enhancements to its technology for better data analysis and user experience, anticipated to launch in early 2024.


Current Investors

Primary Industry

Transportation Services

Sub Industries

Transportation Services

Website

www.nextories.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Nextories - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedNextories-

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