About Bellhops
Bellhops is a company based in Chattanooga (United States) founded in 2011.. Bellhops has raised $52.75 million across 4 funding rounds from investors including Lerer Hippeau, Canaan and Techstars. The company has 210 employees as of December 31, 2020. Bellhops offers products and services including Local Moves, Long Distance Moves, Hourly Labor, Last-Minute Moves, and Commercial Moves. Bellhops operates in a competitive market with competitors including MooveGuru, Moveline, Ghostruck, Moving and MoveAdvisor, among others.
- Headquarter Chattanooga, United States
- Employees 210 as on 31 Dec, 2020
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$52.75 M (USD)
in 4 rounds
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Latest Funding Round
$31.45 M (USD), Series C
Dec 18, 2018
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Investors
Lerer Hippeau
& 14 more
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Employee Count
210
as on Dec 31, 2020
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Products & Services of Bellhops
Bellhops offers a comprehensive portfolio of products and services, including Local Moves, Long Distance Moves, Hourly Labor, Last-Minute Moves, and Commercial Moves. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles urban moves with professional teams for efficient local transport.
Manages interstate relocations with customizable options and secure handling.
Provides on-demand help for loading, unloading, and rearranging belongings.
Offers quick turnaround for urgent relocations with careful and timely execution.
Facilitates office and corporate moves to minimize business downtime.
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Funding Insights of Bellhops
Bellhops has successfully raised a total of $52.75M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $31.45 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $31.4M
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First Round
First Round
(01 Jun 2013)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series C - Bellhops | Valuation | Advance Venture Partners | |
| Dec, 2015 | Amount | Series B - Bellhops | Valuation | Canaan |
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| Nov, 2014 | Amount | Series A - Bellhops | Valuation | Binary |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bellhops
Bellhops has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Lerer Hippeau, Canaan and Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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PE firm focused on software, media & commerce based sectors
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Founded Year | Domain | Location | |
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Canaan is recognized as an early-stage venture capital firm.
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Founded Year | Domain | Location | |
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Seed and early-stage technology investments are managed by the firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bellhops
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bellhops
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bellhops Comparisons
Competitors of Bellhops
Bellhops operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MooveGuru, Moveline, Ghostruck, Moving and MoveAdvisor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Movers and customers are connected via a relocation platform.
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| domain | founded_year | HQ Location |
Long-distance moving services are connected via an online marketplace.
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| domain | founded_year | HQ Location |
Offers a smartphone app for efficient package moving services.
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| domain | founded_year | HQ Location |
Online platform for booking movers and relocation services is operated.
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| domain | founded_year | HQ Location |
Relocation processes are facilitated by a mobile app for users.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bellhops
Frequently Asked Questions about Bellhops
When was Bellhops founded?
Bellhops was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Bellhops located?
Bellhops is headquartered in Chattanooga, United States. It is registered at Chattanooga, Tennessee, United States.
Who is the current CEO of Bellhops?
Juan Torres is the current CEO of Bellhops.
Is Bellhops a funded company?
Bellhops is a funded company, having raised a total of $52.75M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Jun 01, 2013.
How many employees does Bellhops have?
As of Dec 31, 2020, the latest employee count at Bellhops is 210.
What does Bellhops do?
Founded in 2011 and based in Chattanooga, United States, Bellhops operates within the moving services sector. A technology platform is utilized to connect around 8,000 college students as independent contractors, providing manpower for small-to-medium household moves. Transportation of belongings is not handled by company vehicles; labor support is offered for customers using their own or rented trucks. About 4,500 students are actively engaged in services across 88 U.S. cities.
Who are the top competitors of Bellhops?
What products or services does Bellhops offer?
Bellhops offers Local Moves, Long Distance Moves, Hourly Labor, Last-Minute Moves, and Commercial Moves.
Who are Bellhops's investors?
Bellhops has 15 investors. Key investors include Lerer Hippeau, Canaan, Techstars, Nashville Capital Network, and Advance Venture Partners.