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MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Supply Chain & Logistics
ghostruck.com

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Stage

Unattributed - II | Alive

Total Raised

$1.28M

Last Raised

$1.2M | 7 yrs ago

Revenue

$0000 

About Ghostruck

Ghostruck is a mobile app that matches users with a trustworthy mover. With Ghostruck users can move almost anything, using nothing but a smart phone. Ghostruck will ask users questions to better understand what is needed to move and pairs users with a Ghostruck-approved mover.

Ghostruck Headquarter Location

91 S. Jackson St. #4460

Seattle, Washington, 98104,

United States

800-890-0753

Latest Ghostruck News

Ghostruck Fined by Washington Regulator for Operating Without Permit

Jun 2, 2017

XconomySeattle —  Ghostruck , a Seattle startup connecting movers with customers, was fined $75,500 by the Washington Utilities and Transportation Commission (UTC) for “operating as a residential moving company without the required permit,” the commission announced Thursday . More than two-thirds of that penalty was suspended for two years, provided that the company not operate without the required permit, and its far less than the $730,000 in penalties the company faced when the UTC initially filed a complaint in February . The case underscores the legal grey area that many “Uber for X” startups occupy when they try to act as marketplaces to bring together regulated service providers and customers, without actually engaging in the regulated activity. The penalty stems from a UTC staff investigation that found that Ghostruck was indeed engaging in the regulated activity, both by virtue of its advertising and a contract consumers were required to sign directly with the company, and through a subsidiary it operated to provide moving services when no third-party mover was available through its app. The UTC staff’s full investigative report (PDF) makes for interesting reading, including details such as Ghostruck’s reported revenue in Washington: $76,325 for 2014 and $228,357 for 2015. The company announced in 2015 that it had expanded to a dozen other markets. The UTC staff report asserts that “the violations cited in this report caused serious harm to consumers. In the 141 household goods moves reviewed in this investigation, consumers did not receive a single document that meets the requirements of [residential moving regulations] in place to protect consumers.” The report further notes that Ghostruck executives, including co-founder and CEO Nathanael Nienaber, were notified on numerous occasions that it was operating without required permits, and ignored UTC staff attempts to “provide it with direction in obtaining the appropriate permits.” Ghostruck was founded in 2012 and funded to the tune of $1.2 million in 2014—according to an SEC filing ; the company said in a press release it raised $2.2 million —by investors including Founders Co-op and defunct business-to-business startup accelerator 9Mile Labs. The company did not return an e-mail requesting comment. Photo credit:  Moving Van photo by Flickr user Erich Ferdinand used under a CC BY 2.0 license and cropped. Benjamin Romano is editor of Xconomy Seattle. Email him at bromano [at] xconomy.com. Follow @bromano

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Expert Collections containing Ghostruck

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Ghostruck is included in 2 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

2,949 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

O

On-Demand

1,239 items

Ghostruck Patents

Ghostruck has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/5/2015

Geolocation, Wireless locating, Tracking, Digital signal processors, Audio codecs

Application

Application Date

3/5/2015

Grant Date

Title

Related Topics

Geolocation, Wireless locating, Tracking, Digital signal processors, Audio codecs

Status

Application

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