01 Aug 2019
ATLANTA, July 31, 2019 /PRNewswire/ -- MyPorter.com, a valet storage startup based in Atlanta, announces this week that it has closed an investment round of $2.2 million to drive accelerated market share gains in the Atlanta market and prepare for expansion into new markets in Q1 2020.
The investment was led by a series of angels and CEOs with expertise in essential services, finance, real estate and technology, including Wes Matelich, CEO of Rx Green Technologies and Ken Haines, CEO of Atlanta-based The Wrench Group (Coolray, Mr. Plumber and BriteBox).
MyPorter launched its concierge storage services in Atlanta and the surrounding metro areas in 2015 to disrupt the antiquated $38 billion self-storage industry. Expecting to exceed more than 10,000 customer jobs this year, the company offers consumers and a growing portfolio of businesses a more convenient, faster and more reliable way to store their belongings. By bringing the entire process online and on-demand, MyPorter's platform enables customers to schedule their pickup, maintain a visual catalog of stored items and schedule a delivery directly to their home or business.
"I saw a unique opportunity with MyPorter to upset an essential services industry that would have a lasting impact locally and, potentially, nationally as well," states Ken Haines. "It's exciting to be an early investor in a company disrupting a decades-old industry in a 'make or break' market like Atlanta."
After formation in April 2015, MyPorter remained in the beta stage until mid-2016, when co-CEOs John Foshee and Robert Crump joined the team. Throughout 2017, the company was funded with the CEOs' personal capital, with Foshee and Crump literally also putting their sweat equity in the business as the company's early movers and drivers. The first major outside capital came in January 2018.
MyPorter is an Atlanta-based startup reinventing the way consumers and businesses move and store their items. The full-service storage company brings a new level of customer service and online experience to the industry by creating the easiest storage option possible. Its online platform allows customers to schedule pickups, maintain a visual catalog of stored items, and schedule deliveries directly to their home or business. For more information, visit www.myporter.com.
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