Logistics startup raises $50M in equity capital from New York firm

Tampa-based Red Rover Moving and Storage has now received a total of $65 million from Oppenheimer & Co.

By Brian Hartz
| 11:30 a.m. February 4, 2022
| 0 Free Articles Remaining!

PODS founder Peter Warhurst has taken yet another innovative approach to the moving and storage industry with Red Rover. (Courtesy photo)

Tampa Bay-Lakeland

TAMPA — Red Rover Moving and Storage, the Tampa-based brainchild of PODS Founder Pete Warhurst, has received a $50 million investment from Oppenheimer & Co.'s asset management business. The capital injection comes on the heels of a $15 million investment by Oppenheimer, a New York-based diversified financial services firm, in December.

Founded in February 2020, Red Rover, according to a news release, has three facilities in the Tampa Bay area, two in Massachusetts, three in New York, two in North Carolina and one in Waco, Texas.