-56%

est. 2Y upside i

Vertical SaaSSeries D+

Bellhops is a full-service moving company that can be booked online with $0 down.

Rank

#3644

Sector

Logistics

Est. Liquidity

~3Y

Data Quality

Data: Medium

Bellhops, a tech-enabled moving marketplace, is currently valued at $330M on an estimated $80M in annual revenue (4.125x multiple).

Last updated: March 10, 2026

Bull (15%)+100%

Bellhops successfully expands its market share in the fragmented moving industry by leveraging its tech platform and efficient marketplace model, potentially through strategic partnerships or further geographic expansion. This drives revenue to ~$120M (50% growth over 2 years) and an improved multiple of 5.5x, leading to a $660M valuation.

Base (50%)+25%

Bellhops maintains its position in the competitive local and long-distance moving market, growing steadily but facing ongoing pressure from incumbents and other tech-enabled platforms. Revenue grows to ~$100M (25% growth over 2 years), and the valuation holds at ~4.1x revenue, reaching $412.5M.

Bear (35%)-50%

Increased competition, coupled with potential service quality issues from outsourced operations, leads to slowing growth and customer churn. Revenue stagnates or declines to ~$60M, and a market correction or competitive pressure reduces the valuation multiple to 2.75x, resulting in a $165M valuation, significantly impacting common stock value due to the large liquidation preference.

Est. time to liquidity~2.5 years

Preference Stack Risk

severe

Funding Intensity

35%

Investors hold $115M in liquidation preferences, meaning common shareholders would only see returns if the exit valuation significantly exceeds this amount, and ideally the current $330M valuation, to get meaningful returns.

Dilution Risk

moderate

As a Series D company, future funding rounds are possible, which could still dilute existing equity holders, though likely less severely than earlier stages.

Secondary Liquidity

limited

While there are platforms like EquityZen and Forge that facilitate secondary transactions for private companies, there is no indication of an active or company-sponsored secondary market for Bellhops stock.

Other — 2 roles

View all 2 open roles at Bellhops →

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on Bellhops's data — designed to show you've done your homework.

  • 1

    “Given the 'thin' competitive moat and the presence of both traditional moving companies and other tech-enabled platforms like Dolly and HireAHelper, what are Bellhops' key strategies to differentiate and secure market share over the next 2-3 years?”

  • 2

    “With the outsourcing of both customer service and operations to a call center outside the United States, how is Bellhops ensuring service quality and maintaining customer satisfaction, which are critical in a service-oriented industry?”

  • 3

    “As a Series D company with $115M in total funding, what is the anticipated timeline and strategy for a liquidity event for employees, and how does the company view potential future dilution?”

Community

Valuation Sentiment

Our model estimates -56% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.