Neighbor.com Taps Andreessen Horowitz to Lead $10 Million Series A Funding
LEHI, Utah, 3rd feb, 2020-- Neighbor.com, the self-storage marketplace disruptor has closed a $10 million Series A funding round led by Silicon Valley venture capital firm Andreessen Horowitz. Jeff Jordan, managing partner at Andreessen Horowitz and former eBay, PayPal and OpenTable executive who currently sits on the boards of Airbnb, Instacart, Lime and Pinterest, will join the Neighbor Board of Directors.
Other investors in this round include Nate Bosshard, former partner at Khosla Ventures and co-founder of Tonal, as well as Ryan Graves, Uber's first CEO.
"The self-storage industry in the United States will eclipse $40 billion in revenue in 2020, capping off a decade of astronomical growth that we believe is firmly related to the burdensome costs of homeownership and the increas...