Neighbor is a peer-to-peer storage marketplace that connects people with unused space to those who need storage. Homeowners list spaces such as garages, basements, RV pads, and other empty areas, and renters browse, book, and store their belongings there. The platform handles payments and provides a secure, trusted environment, with Neighbor taking a percentage of rental fees as revenue. This approach offers a cost-effective, flexible alternative to traditional self-storage facilities, appealing to renters with lower prices and to hosts who can earn extra monthly income. The company's goal is to make storage more affordable and accessible by leveraging underused residential space while maintaining security and reliability.
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$67.3M
Headquarters
Lehi, Utah
Founded
2017
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