On-demand storage startup and WeWork partner Livible raises $16M to expand nationwide

Seattle-based startup Livible has raised an additional $16 million in funding to fuel a nationwide expansion of its storage service.

Startup veteran Terry Drayton founded Livible in 2013. The company, previously known as Storrage, experimented with different business models before landing on its current offering: an on-demand storage service that picks up a customer’s belongings, takes them to a secure warehouse and then drops them back off at the house as needed. Livible also uses apps and QR codes to help customers track their belongings.The Series A round was led by Global Logistics Properties, one of the world’s largest warehouse operators that agreed to be acquired for $11.6 billion last year. A group of local Seattle angel investors also participated.