Moveline raises $5.9 million Series A funding round

May 1
8:14 AM 2014

The VegasTechFund along with Tony Hsieh, Quotidien Ventures and ff Ventures Capital have invested a Series A round to Moveline. The funding was worth $5.9 million for Fred Cook’s startup which also came after sometime he transferred his company from New York City to Las Vegas.

According to Moveline co-founder Kelly Eidson, “Our Series A represents a culmination of our efforts since bringing our company out to Vegas in August of 2013. Since landing here, we’ve been focused on improving our service offering to customers, and have brought a lot of process and structure to the company to allow us to grow and deliver a consistently awesome moving experience at scale.”

Eidson added saying, “The funding gives us some extra wind behind our sails as we carry this momentum into the 2014 moving season, and allows us to bring Moveline to more people, and help everyone have a simple, friendly move.”

Moveline’s concept allows members to do an inventory of their items through a video call. Afterwards, they would receive a quote coming from companies offering storage and moving out services.

Eidson explained, “To date, we’ve built a lot of product that makes it easy to shop for a moving company. With this funding, we’re able to carry that same approach into developing software that makes the whole moving experience more efficient and delightful, so we’ll be investing a great deal in R&D. We’ll also be investing in marketing as we expand to serve more of the moving industry, and will continue to hire amazing people and build the very best team possible to tackle the challenges ahead.”

© 2022 VCPOST, All rights reserved. Do not reproduce without permission.


Join the Conversation

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics