Omni Storage is acquired by Clutter
Today, we’re announcing that we’ve spun out Omni’s Storage offering, and Clutter will be acquiring this business unit.
This deal allows us to double down on our rentals business and focus 100% of our efforts on empowering everyone to access the items they need when they need them.
The storage business was key to bootstrapping our rentals marketplace, but our new model allows us to scale the supply side of our marketplace without the storage functionality — giving us the ability to scale Omni much more quickly.
As part of this decision to sell the storage business, we’ve taken great lengths to ensure this transition goes smoothly for our storage customers — and we finalized this deal with Clutter because of their ability to deliver the level of service that our members have come to expect.
All storage members have received an email with details about their storage items, the transition process, and what this means for them going forward — including locked-in pricing, free delivery credit, and more.
All rentals customers are of course not impacted by this deal.
We cannot thank our storage members enough for being a part of this chapter in Omni’s history. Many of you have been with us from the beginning and we wouldn’t have gotten this far without you.
We’re excited to increase access to more, reduce waste and further power the circular economy. Back to work!