Lehi, UT – According to filings with the U.S. Securities and Exchange Commission, Neighbor Storage is raising $53,999,961.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Joseph Woodbury played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Neighbor Storage

Neighbor is a peer-to-peer storage company that connects people with unused space to people in need of storage. Through Neighbor, homeowners turn their garages, basements, RV pads, etc. into extra monthly income and renters are given a flexible and affordable storage alternative. Demand for self storage has never been higher in the USA and supply is limited, which means high prices and inflexible contract agreements. We at Neighbor are striving to provide homeowners with extra monthly income and renters with a storage solution at 50% the traditional price. We are revolutionizing the definition of a storage facility and how people use public storage by lowering costs, empowering the individual hosts, and creating a safe, secure, trustworthy platform for them to rent out their storage space on.

To learn more about Neighbor Storage, visit http://www.neighbor.com/

Contact:
Joseph Woodbury, Chief Executive Officer
801-653-0264
joseph@neighbor.com
https://www.linkedin.com/in/josephwoodbury/

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