Wayforth, Inc.

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Wayforth, Inc. - overview

Established

2016

Location

Richmond, VA, US

Primary Industry

Logistics & Distribution

About

Wayforth, Inc. is a Virginia-based company that provides comprehensive move management services, focusing on supportive transitions for seniors, families, and businesses. Their tailored solutions address the logistical and emotional challenges associated with relocation. Wayforth, Inc.


offers move management services, facilitating transitions for various demographics, particularly seniors. Founded in 2016 by Craig Shealy and Kimberly McMahon, the company is headquartered in Richmond, Virginia, US. In February 2020, Wayforth merged with Livible, Inc. , a portfolio company of GLP Pte.


Ltd. , for an undisclosed amount. Craig Shealy, with experience from other entrepreneurial ventures, currently serves as CEO. Wayforth specializes in comprehensive move management services, primarily focused on transitions for seniors, families, businesses, and senior living communities.


Their core offerings include space planning, downsizing, packing, moving, unpacking, and clear-out services for property preparation. By addressing the emotional and logistical challenges of relocation, Wayforth simplifies the moving process for clients. While primarily serving Central Virginia, the company also caters to broader markets across the US for interstate and intrastate moving needs. Wayforth generates revenue through direct service fees for its move management solutions, which are tailored to individual customer needs.


The company utilizes a transactional model with one-time fees for specific services, including packing and downsizing, alongside ongoing partnerships with senior living communities and businesses. These partnerships bolster Wayforth's client base and enhance occupancy rates in partner communities, reflecting the customization of services offered to clients. In the future, Wayforth plans to enhance its service offerings and expand into new geographic markets. The recent merger with Livible, Inc.


positions the company to grow its existing services while exploring new product launches. The funding from the merger will be allocated to support these initiatives, allowing Wayforth to broaden its reach and continue improving its tailored move management solutions.


Current Investors

Livible, Inc.

Primary Industry

Logistics & Distribution

Sub Industries

Home Repair Services, Courier & Delivery Services, Warehouses, Freight Transportation Services, Web Applications

Website

www.wayforth.com

Verticals

Mobile Apps

Company Stage

Merged

Total Amount Raised

Subscriber access only

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