# Bounce

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bounce

- Industry: Consumer Services
- Headquarters: San Francisco, US
- Website: www.bounce.com
- Total disclosed funding: $34M
- Latest round: Series B (Nov 12, 2024)
- Investors on record: 10

## About

Based in the US, Bounce, Inc. provides innovative luggage storage solutions for travelers, enabling them to explore freely by securely storing their bags at various locations worldwide.Bounce, Inc. is a luggage storage service founded in 2017 in San Francisco, US. The company was established by Barak Chamo, Cody Candee, and Jasper Degens, with Cody Candee currently serving as CEO. Bounce has conducted 6 different deals, with its most recent funding round, a Series B, completed on December 4, 2024, raising a total of USD 19.00 mn led by Sapphire Ventures with participation from other investors including Andreessen Horowitz and General Catalyst Partners.Bounce offers a unique luggage storage solution that allows travelers to secure their bags in convenient locations around the world. Users can book luggage storage online or through a mobile app, choosing a nearby location to drop off their luggage, and can explore without carrying their belongings. The service caters to tourists, business travelers, and locals, operating in over 4,000 cities including New York, London, Paris, and Sydney.Bounce generates revenue through a straightforward pricing model based on the duration of luggage storage. Customers pay approximately USD 6.90 per day to store their bags at partnered locations, which include local businesses with secure areas for luggage. Payments are processed securely online using major credit and debit cards or platforms like PayPal and Apple Pay. The company’s direct-to-consumer sales model facilitates a smooth customer experience with a flat rate for each 24-hour period.In December 2024, Bounce, Inc. raised USD 19.00 mn in Series B funding to accelerate its growth in Japan, expanding its luggage storage network and enhancing services for travelers. The company plans to leverage this investment to introduce additional services and improve operational capabilities in the Japanese market.

## Funding rounds

- Series B, Nov 12, 2024, $19M — General Catalyst Partners, Sapphire Ventures, Andreessen Horowitz, Thayer Ventures, Global Brain, Shilling Capital Partners, FJ Labs, 20VC, Creator Ventures
- Series A, Apr 26, 2022, $12M — General Catalyst Partners, Andreessen Horowitz
- Seed, Dec 21, 2021, $2M — General Catalyst Partners
- Seed, Nov 16, 2020 — Seabed VC
- Seed, Dec 21, 2018, $1.2M — Seabed VC

## Investors

- Seabed VC (https://capitalatlas.ai/funds/seabed-vc) — Seed
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed, Series A, Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series B
- Thayer Ventures (https://capitalatlas.ai/funds/thayer-ventures) — Series B
- Global Brain (https://capitalatlas.ai/funds/global-brain) — Series B
- Shilling Capital Partners (https://capitalatlas.ai/funds/shilling-capital-partners) — Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series B
- 20VC (https://capitalatlas.ai/funds/20vc) — Series B
- Creator Ventures (https://capitalatlas.ai/funds/creator-ventures) — Series B