“Moving is an $18 billion industry that people loathe.” It’s a dire pronouncement, but Bellhops CEO Luke Marklin is almost unrelentingly positive. As of today, the moving services startup has expanded to 31 metro areas, maintained near perfect levels of customer feedback, and secured $51 million in venture funding (the latest round, a Series C led by Advance Venture Partners and announced today, brought on $31.4 million). “It’s a big industry with very little technology, and a big opportunity to disrupt,” he says. At its core, Bellhops is a matching service, connecting people looking to move with drivers and loading crews through a single interface. Users give their zip code, property details, and preferred dates to receive estimates and schedule the trip. They're then connected with the truck owner-operators
The Gig Is Up: The Real Value Of Gig Economy Startups Isn't The Model -- It's The Supply
It’s not just Uber and Airbnb. As startup Bellhops has demonstrated with its tech-based, college student-supported moving services, it’s possible to offer a service similar to that provided by existing companies (like movers and transportation) but in ways that drastically move the needle—such as enhancing consumer experience. Justin Caldbeck, a partner at early-stage VC firm Binary Capital and one of the first backers of Bellhops, came to that realization when conducting due diligence on the gig economy himself.
Bellhops Picks Up $13.5M from Canaan for Moving Services
Bellhops Inc. has raised $13.5 million in Series B funding for its on-demand moving services, Lora Kolodny reports for Dow Jones VentureWire. The company’s service connects people who need moving services–including packing, organizing a new home, loading or unloading, and assembling furniture–with college students who work as independent contractors. The company doesn’t offer services to transport its customers’ belongings. Canaan Partners led the round that included Lowercase Capital, Bullet Time Capital and Binary Capital.
Bellhops Hauls In A $6 million Series A To Expand Moving Help Platform
Roughly 50 million Americans are estimated to move at some point this year, and 75 percent of them are do-it-yourselfers, by U-Haul measures. Aside from pestering all your friends and family to come help you load all your stuff or spending thousands on a moving company the next time you need help in the heavy lifting, there haven’t been a lot of options. College students tend to be the most transient population. They’re also young, healthy and at their strongest physically. This gave Bellhops founder Cameron Doody an idea. Put them to work.