Brand Intelligence Graph
Company Overview
About Neighbor
Neighbor is a Lehi, Utah-based peer-to-peer storage marketplace that connects people with unused space (garages, basements, driveways, spare rooms, sheds, storage units) to people who need affordable storage — operating as "the Airbnb of storage" with a platform where hosts list available spaces and renters book them at prices 40-50% below traditional self-storage facilities. Backed by Andreessen Horowitz, Pelion Venture Partners, and Y Combinator with approximately $55 million raised, Neighbor serves hosts across 50 US states and Canada with a marketplace covering thousands of storage listings.
Business Model & Competitive Advantage
Neighbor's two-sided marketplace creates value for both sides: hosts earn passive income from space they're not using (an unused garage or extra room can generate $50-200/month depending on size and location), while renters access storage at competitive rates in convenient residential locations often closer to their home than commercial storage facilities. Neighbor handles the transaction, provides liability protection for hosts through its Host Guarantee program, and manages the payment and communication between parties.
Competitive Landscape 2025–2026
In 2025, Neighbor competes in the self-storage and peer-to-peer storage market with Public Storage (NYSE: PSA, the largest US self-storage REIT), Extra Space Storage (NYSE: EXR), CubeSmart, and Stow It (peer-to-peer storage competitor) for consumer storage market share. The US self-storage market is approximately $50 billion annually and has historically performed well as a real estate asset class. Neighbor's peer-to-peer model doesn't require building or acquiring expensive physical storage facilities — the supply comes from existing unused space. Andreessen Horowitz's investment reflects conviction in the marketplace model for storage. The 2025 strategy focuses on growing the host supply in high-demand urban markets, adding the enterprise and small business storage features (inventory management, document storage), and building the integration with moving companies and real estate transaction workflows where storage demand spikes.
Recent Activity
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Emerging Innovator
Neighbor is an emerging player bringing innovative solutions to the Home Services market.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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