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Movinga

From Wikipedia, the free encyclopedia
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
Websitemovinga.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]

History

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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

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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

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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

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

Awards and recognition

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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]

References

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  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. ^ a b "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.
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