Canadian Start-Up Second Closet Nets $500,000 Investment

July 18, 2017

The summer is smiling on the Second Closet team, who just raised a round of $500,000 from a team of investors including Hyatt. The company takes traditional storage model and personalizes it: instead of the client dropping off their items into an unused warehouse and leaving them for months – or years – the SC team operates on a per-item basis, and picks up, stores, and delivers said items on demand. Need that credenza back? The Second Closet team will bring it right to your door – and adjust your bill so it reflects only what’s currently in storage.

The Second Closet team plans to use the funding to scale marketing and operations, as the five-person team currently has 13 trucks operating in the Greater Toronto Area.

Categorized in: , , ,

Some random posts

Movember Donations!

I have decided to start to raise some money for…

I have decided to start to raise some money for…

View blog post

Maccabee Financial Inc.

Who are they? “Working with you to navigate your financial…

Who are they? “Working with you to navigate your financial…

View Portfolio Item