Movinga

Last updated
Movinga
IndustryRelocation, Courier and logistics services
Founded2015
FoundersFinn Haensel, Bastian Knutzen and Chris Maslowski
Fateinsolvent (2024)
HeadquartersBerlin
Number of locations
Berlin, Paris, Stockholm
Area served
 Austria, Germany, France, Switzerland
Key people
Silvio Hinteregger, Tobias Hinteregger (Co-CEOs)
€16m in 2017, €28m in 2018
Website movinga.com

Movinga is an insolvent online platform-based moving company with its official headquarters at Moabit, Berlin, Germany. [1] Movinga was founded in 2015. It specialized in house removals and relocation and can also be used to 'find and book' other listed moving companies, based on the buyer's preference. [2] [3] [4] [5] In January 2024 the company started the proceedings to declare insolvency. [6]

Contents

History

Founded by Bastian Knutzen and Chris Maslowski in 2016, the company began by booking household moving services for students online. In May 2015, they moved their headquarters from Vallendar to Berlin. Later, the MVP version [7] of the platform was released - a home removal platform built with Ruby on Rails, PostgreSQL, Grape, Babel. In 2016, the company was active in at least seven countries. [8] [9] Today, Silvio Hinteregger and Tobias Hinteregger are the CEOs of the company.

Model

Movinga's business model is online based. Customers first need to provide their source and destination via the moving website. The quotation for the job is then exchanged with the customer. Once the customer accepts the quoted price, the process is initiated, and the task completed. SMACC, in a digitized process, handles all the invoices of Movinga. [10] The company has also leased street scooters (Electric Minivans) for transportation. [11]

Capital

Movinga has raised a total of $92.9M in funding from over six rounds of funding. [12] [13] [14] [15] [16] [17] [18] [19] [20] [21]

Acquisition

Movinga has acquired shares in Move24 and Transfer24. [8] [22] [23] [24]

Awards and recognition

Movinga has been awarded as the Service Champion 2020 by "DIE WELT" in the category relocation. [25]

Movinga has received the "Deutscher Mittelstandspreis" or "German Mittelstand" Prize for its "valuable contribution to the principles of a social market economy.” The award was presented by the Small and Medium-Size Business Association of the governing Christian Democratic Union. [26]

Related Research Articles

<span class="mw-page-title-main">Tradeshift</span> Global cloud based business platform and network

Tradeshift is a cloud based business network and platform for purchase-to-pay automation, supply chain payments, marketplaces, virtual cards and supply chain financing. Its 2018 round of funding, led by Goldman Sachs, raised US$250 million at a valuation of $1.1 billion, giving the company unicorn status. Tradeshift is headquartered in San Francisco, California and has offices in London, Copenhagen, Bucharest and Kuala Lumpur. Tradeshift has reprocessed over $1 trillion USD through transactions on its network.

<span class="mw-page-title-main">Stripe, Inc.</span> Irish-American multinational financial services and SaaS company

Stripe, Inc. is an American multinational financial services and software as a service (SaaS) company dual-headquartered in South San Francisco, California, United States and Dublin, Ireland. The company primarily offers payment-processing software and application programming interfaces for e-commerce websites and mobile applications.

Eventbrite is an American event management and ticketing website. The service allows users to browse, create, and promote local events. The service charges a fee to event organizers in exchange for online ticketing services, unless the event is free. In September or October 2023, Eventbrite changed their pricing plans to limit free events to 25 tickets before they would begin to charge organizers fees.

<span class="mw-page-title-main">Auctionata</span> Defunct online luxury auction company

Auctionata was an online auction house and eCommerce company specializing in luxury goods, art, antiques and collectibles based in Berlin with offices in New York. Auctionata had a team of 250 art experts who worked on commission and were not directly employed by Auctionata. These experts were paid by the minute via PayPal for valuing, authenticating, and curating objects including art, cars, watches, antiques. Since opening in February 2012, Auctionata had evaluated and verified over 21,000 pieces of art. Notably, Auctionata's experts discovered a watercolor by Egon Schiele, which was valued at a starting price of $1.3 million. Auctionata was declared insolvent on February 29, 2017 by announcing it had ceased operations.

fromAtoB.com was an intermodal journey planner and online booking platform for European travel, accessible via a web browser or mobile apps for Android and iOS. All relevant means of transportation such as train, airplane, bus, and carpool could be compared and combined within one trip. The company was founded in 2008, and was based in Berlin with an office in Aachen. Service ended on December 31, 2020 due to loss of revenue because of the COVID-19 pandemic, while AllRail, a trade association, attributes it to lack of real time data provided by European state railways.

Kreditech was a German online lender which offered loans to individuals based on their creditworthiness which is analyzed using their online data instead of using traditional credit rating information. The company filed for bankruptcy due to the obstacles presented by the COVID-19 pandemic. Founded in 2012 by Sebastian Diemer and Alexander Graubner-Müller, Kreditech is headquartered in Hamburg, Germany; it particularly focuses its efforts on emerging markets.

<span class="mw-page-title-main">Handy Technologies</span> American home services marketplace company

Handy Technologies, Inc. is an online two-sided marketplace for residential cleaning, installation, and other home services. Founded in 2012 in Cambridge, Massachusetts, the now New York–based company operates services in United States, United Kingdom, and Canada. The company was acquired by ANGI Homeservices in October 2018.

<span class="mw-page-title-main">Typeform (service)</span> Online form and survey building website

Typeform is a software as a service (SaaS) company that specializes in online form building and online surveys. Its main software creates dynamic forms based on user needs. Typeform's software has been used by Apple Inc., Airbnb, Uber and Nike, Inc. Typeform produces millions of forms every month.

B2X GmbH is a German customer service outsourcing company founded in 2007 in Munich, Germany by Karim Barkawi. B2X is based on the platform SMARTCARE Technology and services smartphone and electronic device manufacturers, insurance providers, mobile network operators, and retailers.

Bitwala is a blockchain banking service, headquartered in Berlin, Germany, that was founded by Jörg von Minckwitz, Jan Goslicki, and Benjamin P. Jones in October 2015.

<span class="mw-page-title-main">Solaris (credit institution)</span> German banking-as-a-service credit institution

Solaris SE is a credit institution licensed in Germany, with headquarters in Berlin and branches in London, Paris, Milan, Madrid and Vilnius.

Outfittery GmbH is a German online personal shopping service founded by Julia Bösch. She came up with the idea of an online personal shopping service when a friend tried out a personal shopper service in New York. Together with the other cofounder Anna Alex she raised €50 million for their Berlin-based startup and established Outfittery in 2012. Outfittery combines Artificial Intelligence with real-life stylists to help customers find the right clothes. In 2018 Outfittery served 500,000 customers in eight European countries. Originally, the service was only available for menswear. In 2021, Outfittery started offering womenswear.

Acton Capital is an international venture capital fund, founded in Munich (Germany) and investing in tech-enabled startup companies in Europe and North America.

<span class="mw-page-title-main">Azimo</span> Dutch money transfer company

Azimo B.V. was an online remittance service headquartered in Amsterdam, Netherlands. It also had offices in Kraków, Poland.

<span class="mw-page-title-main">Isar Aerospace</span> German aerospace company

Isar Aerospace is a German aerospace company based in Munich, Germany. The company was founded in 2018. The company is named after the river that flows through Munich.

Helpcheck is a legal tech company from Düsseldorf. The company was founded in 2016 by Peer Schulz and Phil Sokowicz as a “justice-as-a-service” platform for consumer rights, providing people with access to justice, in the life insurance sector.

<span class="mw-page-title-main">Flink (company)</span>

Flink SE is a German on-demand delivery service that delivers everyday items directly to consumers from called "dark stores", hyper-local grocery warehouses not accessible to the public. Flink promises to deliver groceries "in 10 minutes". Deliveries are made by Flink's employees on e-bikes, provided by the company. They currently operate in Germany and the Netherlands.

Owner.com is an American software-as-a-service company that provides an online food ordering system to independent restaurants in the United States.

<span class="mw-page-title-main">Aleph Alpha</span> Artificial intelligence company

Aleph Alpha is a German artificial intelligence (AI) startup company founded by professionals with experience as employees of Apple, SAP and Deloitte, based in Heidelberg. Aleph Alpha attempts to provide a full-stack sovereign technology stack for generative AI, independent from US companies and comply with European data protection regulations and the AI Act. It built one of the most powerful AI clusters inside its own data centre and develops large language models (LLM), which try to provide transparency of its sources used for the results generated and are intended for enterprises and governmental agencies only. Training of its model has been done in five European languages.

Holidu GmbH is a vacation rental company that provides a platform and services for booking and hosting of vacation rentals. The company was founded in 2014 and is headquartered in Munich, Germany.

References

  1. ↑ "Movinga". Data502. Retrieved 2020-04-30.
  2. ↑ "An online removals startup in Germany had raised $25 million from Index Ventures and other investors". Business Insider. Retrieved 2018-12-07.
  3. ↑ "Reinventing How People Move Bulky Items From A to B". The Hundert. Retrieved 2018-12-07.
  4. ↑ "Today in Germany: Laremia, Movinga, ChartMogul". HEUREKA magazine. 2015-08-26. Retrieved 2018-12-07.
  5. ↑ "Is Boston the Best City to Find a Job in the World? This Global Study Says So". BostInno.
  6. ↑ "Start-up-Krise: Umzugs-Start-up Movinga stellt Insolvenzantrag". WiWo. 31 January 2024.
  7. ↑ "Movinga - online home removals marketplace - Syndicode". Syndicode - Custom Software Development Company. Retrieved 2021-02-24.
  8. 1 2 "Roller coaster: How one of Germany's most-hyped startups turned its fortunes around". Handelsblatt . Retrieved 2018-12-07.
  9. ↑ "Confusion as Movinga's founders resign". themover.co.uk. Retrieved 2018-12-07.
  10. ↑ "Movinga". SMACC. Retrieved 2018-12-07.
  11. ↑ todayatvin (2018-11-22). "Movinga, the European house removals platform, raises further €15M". Today at Vin. Retrieved 2018-12-07.
  12. ↑ "Movinga Announces New Funding of 22 MIO EUR" (PDF). earlybird.com (Press release). Retrieved 2018-12-07.
  13. ↑ Loritz, Mary (22 November 2018). "Movinga raises €15 million and plans to expand its relocation services across Europe". EU-Startups. Retrieved 2018-12-07.
  14. ↑ "Germany's Movinga raises €22 million in fresh round of funding". Tech.eu. 19 October 2017. Retrieved 2018-12-07.
  15. ↑ "Movinga Closes New Funding Round at €15 Million" (PDF). earlybird.com. Retrieved 2018-12-07.
  16. ↑ Rodriguez, Kate (2017-10-20). "Movinga raises $26 million US after restructuring". AIM Group. Retrieved 2018-12-07.
  17. ↑ "Movinga Raises €22M in Funding". FinSMEs. 2017-10-23. Retrieved 2018-12-07.
  18. ↑ Korkishko, Iryna. "Movinga closed €15 million in further funding". Syndicode. Retrieved 2018-12-07.
  19. ↑ "Movinga Wins €17m Funding Round". Red Herring. 2016-12-08. Retrieved 2018-12-07.
  20. ↑ "Movinga, the European house removals platform, raises further €15M". TechCrunch. 22 November 2018. Retrieved 2018-12-07.
  21. ↑ "German online relocation startup Movinga bags $17.1 mln in funding round". INVESTSIZE. Retrieved 2018-12-07.
  22. ↑ Rodriguez, Kate (2018-03-28). "Movinga acquires bankrupt rival Move24". AIM Group. Retrieved 2018-12-07.
  23. ↑ "Movinga, the European house removals platform, raises further €15M". DeepFind. 2018-11-22. Retrieved 2018-12-07.
  24. ↑ "Movinga, the European house removals platform, raises further €15M". kwonlog. 2018-11-22. Retrieved 2018-12-07.
  25. ↑ "Umzugsunternehmen".
  26. ↑ "Industry Darling: Startups, a Cautionary Tale". www.handelsblatt.com. Retrieved 2018-12-07.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.