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Clutter, Inc.

Company Profile Analysis

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Clutter, Inc. - ICT showcase

Year Founded & Workforce

2014

1,000 Employees

Industry

ICT

Services

Warehouse As A Service
C

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Clutter, Inc. Overview

Company Headquarters: US

Founded: 2014

Workforce: ~1,000

Company Working: Clutter, Inc. is on-demand storage and moving services provider that helps consumers store and relocate their physical items. The company provides secure storage for all products, which is backed up by an online photo inventory and warranty policy, as well as handling goods pick-up and retrieval, allowing users to handle the movement of assets and other items in safe, economical, and convenient manner. Clutter’s integration software manages more than 500 team members, 200+ trucks, and more than 5,000 customers for storage in North America. It provides smart storage at nearly 34 locations, local moving at around 21 locations along with long distance storage across the North American region.

Strategy

Clutter, Inc. strategy in the warehousing market is focused on providing comprehensive and customized coverage to meet the unique needs of each client. In addition to its core storage offerings, AIG has also developed a smart storage option where consumer can customize its moving and transportation of goods at different locations in this region. Moreover, the company has made strategic initiatives such as partnership, fund raising, acquisition to enhance its footprint in the warehousing market.

Company Snapshot

1,000

Employees

2014

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Strong supply chain network
  • Significant presence in North American region
  • Strong customer-centric approach

Weaknesses

  • High dependence on North America

Opportunities

  • Investments raising will improve the financial structure
  • Growing retail industry

Threats

  • Intense competition
  • Cost-effective services by competitors

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Key Developments

DateApproachDevelopment
February 2022PartnershipClutter, partnered with MakeSpace on-demand storage firm. Under the Clutter brand, the company expanded its moving and storage services to over 6,500 towns and cities across the US, reaching 60% of the population.
September 2019AcquisitionClutter, acquired a Storage Fox portfolio for USD 152 million. The Storage Fox portfolio includes four sites in the New York, covering Long Island City, Brooklyn, White Plains, and Yonkers, expanding Clutter's presence in the New York city
February 2019Fund RaisingSoftBank led a USD 200 million fundraising round in Clutter, Inc., to provide storage services such as picking up and dropping off a customer's items. Clutter is worth USD 600 million after the cash infusion.

Product Offering

  • Clutter, Inc.
    • Warehouse As A Service

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