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Shyft

382 NE 191st Street, Miami, FL, 33179, United States

Overview

Crater’s core product, SurveyBot, can be embedded on any moving company’s website to enable real-time video chats between a relocation representative and a customer while automatically logging the household inventory. This process replaces costly in-person surveys—typically about $250 per visit—with a streamlined digital experience that locks in more accurate pricing. Crater charges its clients $20 per completed transaction, a model that has already brought the startup to cash-flow neutrality. Because the product is purely software, the company can scale globally without building physical infrastructure and has already landed international customers such as Pickfords, the oldest moving company in the U.K. Founded by former Moveline employees, Crater positions itself as the tech layer modernizing an otherwise antiquated moving industry. The company initially bootstrapped operations before securing outside funding. With customers realizing significant cost savings and operational efficiencies, Crater aims to penetrate more geographies and sign additional enterprise moving partners worldwide.

Total raised
$31M
Funding rounds
3
Latest round
Series B
Latest activity
Sep 2022

Industries

  • Internet
  • SaaS
  • Transportation
  • Video Chat
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Recent funding

  1. Series B

    Sep 2022

    $16M

  2. Series A

    Jan 2020

    $15M

  3. Seed

    Apr 2016

    $0M

Team