Startups
Second Closet picks up and stores your stuff in Toronto and the GTA. We've made storage cheaper, faster, and easier than ever before.
Overview
Location
Canada, Ontario, Toronto
Employees
51-200
Total raised
$33.2M
Founded date
2016
Investors 1
| Date | Name | Website |
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Funding Rounds 2
| Date | Series | Amount | Investors |
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| Dec 13, 2019 | Series A round | $13.2M |
Mentions in press and media 8
| Date | Title | Description |
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| Mar 30, 2021 | Second Closet Secures CAD$20M in Equity Financing | Second Closet, a Toronto, Canada-based self-storage company, raised CAD$20m in equity funding. The round, which brings the total funds raised to date to $35.2m, was led by Whitecap Venture Partners alongside new investor Intact Ventures, wi... |
| Mar 30, 2021 | Second Closet secures $20 million as it shifts focus away from self-storage towards B2B third-party logistics | With new financing, Second Closet is shifting away from consumer self-storage to focus on fulfillment and last-mile logistics for businesses. Over the last year and a half, Second Closet has been quietly moving into the B2B space, repurposi... |
| Mar 30, 2021 | Second Closet raises $20 million | Self-storage startup Second Closet Second Closet Founded: 2016 Headquarters: Toronto, Canada Total Funding: $15.14M See full company profile "> has raised CAD$20 million in a round led by Whitecap Venture Partners alongside new inve... |
| Dec 16, 2019 | Self-Storage Market Company Second Closet Raises $13.2 Million | Second Closet announced it has raised $13.2 million in a Series A funding led by Whitecap Venture Partners with participation from existing and new strategic investors Second Closet announced that it has raised $13.2 million in Series A fun... |
| Dec 13, 2019 | Second Closet raises $13.2 million to disrupt billion dollar self-storage market | Second Closet has raised $13.2 million in its latest round of funding, as the startup looks to expand its self-storage offering within Canada. The Series A funding round comes almost a year and a half after the Toronto-based company raised ... |
| Dec 13, 2019 | Second Closet Secures $13.2M in Series A Financing | Second Closet, a Toronto, Canada-based self-storage company, raised $13.2m in Series A financing. The round was led by Whitecap Venture Partners, with participation from existing and new strategic investors, including Michael Hyatt, MIG Gro... |
| Sep 6, 2018 | Second Closet raises $2.04 million, plans Vancouver expansion | Just over a year after raising $500,000 in seed funding, Second Closet has closed a $2.04 million round as the Toronto-based company eyes expansion. The round was led by MIG Group, with participation from existing investors. Speaking with B... |
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FAQ about Second Closet
When was Second Closet founded?
Second Closet was founded in 2016.
How much funding has Second Closet raised?
Second Closet has raised $33.2M in total across 2 funding rounds.
What funding rounds has Second Closet raised?
Parsers VC lists 2 funding rounds of Second Closet, among them a Series A round of $13.2M on Dec 13, 2019.
What has the press written about Second Closet?
Parsers VC has collected 8 articles mentioning Second Closet, among them “Second Closet Secures CAD$20M in Equity Financing” (Mar 30, 2021) and “Second Closet secures $20 million as it shifts focus away from self-storage towards B2B third-party logistics” (Mar 30, 2021).
Is Second Closet still active?
Yes, Second Closet is active; its latest activity on Parsers VC dates from Apr 1, 2021.