Move Loot Raises $9 Million To Bring Its Online Furniture Marketplace To New Cities


Online furniture marketplace Move Loot offers a place where buyers can find affordable pre-owned goods and where sellers can get rid of things they no longer want or need. In order to make its service available in new places and to new users, the company just raised $9 million in new funding.

Move Loot’s goal is to help reduce waste and provide true collaborative consumption through a seamless sharing of goods. According to co-founder and CEO Bill Bobbitt, that ultimately changes the way people view the things they buy and sell.

But unlike some other marketplaces out there, Move Loot offers a full-service offering for both buyers and sellers, which includes the pickup, listing, storage, and delivery. To do so, it has to build out the warehousing and logistics infrastructure necessary to serve the markets it operates in.

Bobbitt noted that while other companies use third-party services like FedEx or…

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