LEHI, UT, Neighbor has closed a $53M Series B funding round led by Fifth Wall.
Neighbor, the self-storage marketplace, has closed a $53M Series B funding round led by Fifth Wall. Additional funding support came from returning investor Andreessen Horowitz and additional funding from DoorDash CEO Tony Xu and StockX CEO Scott Cutler, who will join former Uber CEO Ryan Graves and Overstock CEO Jonathan Johnson as investors and advisors to Neighbor.
Founded in 2017, Neighbor is a self-storage marketplace based in the Silicon Slopes of Lehi, Utah. The company connects people who have unused space in their garages, attics, basements and driveways to renters who are looking for affordable storage. Neighbor benefits renters by providing safer, more accessible storage for half the price of a traditional self-storage unit, while giving hosts the opportunity to earn thousands of dollars per year from their unused space.
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