Clutter’s $200 Million Series D Financing

Orrick team advised Clutter on the deal

Clutter, a tech-enabled, on-demand storage company that manages the pickup, storage and retrieval of personal items, on its $200 million Series D funding round announced today. The funding round is being led by SoftBank Vision Fund with participation from existing investors Sequoia, Atomic, GV and Fifth Wall.

The latest round will bring Culver City-based Clutter’s total funding to over $295 million. Since Clutter raised its Series C funding round in June 2017, the company has more than doubled its revenue and number of customers. This latest funding round will accelerate the company’s expansion into new markets in 2019, including Philadelphia and Portland, and boost the company’s existing markets in the greater areas of New York, San Francisco, Los Angeles, Chicago, Seattle, San Diego, Orange County and New Jersey.

The Orrick team advising Clutter was led by Santa Monica-based partner Andrew Erskine (Picture), and included Anik Guha, Diana Gillis, Steve Malvey, Kyle Kessler, Emily Tabatabai, Harry Clark, Evgeniya Shakina, Christina Catzoela, Pia Bhathal, Kathryn Montalvo, Ailsa Menezes and the Orrick Analytics team.

Involved fees earner: Pia Bhathal – Orrick; Christina Catzoela – Orrick; Harry Clark – Orrick; Andrew Erskine – Orrick; Diana Gillis – Orrick; Anik Guha – Orrick; Kyle Kessler – Orrick; Steven Malvey – Orrick; Evgeniya Shakina – Orrick; Emily Tabatabai – Orrick;

Law Firms: Orrick;

Clients: Clutter Inc. ;

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Author: Ambrogio Visconti