# CityStasher

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

- Industry: Internet
- Headquarters: London, UK
- Website: www.stasher.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Jan 2, 2018)
- Investors on record: 3

## About

CityStasher Limited provides an innovative luggage storage service, offering travelers the convenience of securely storing their bags at approved locations, enhancing their travel experience with flexibility and ease.Founded in 2015, CityStasher Limited specializes in luggage storage solutions. The company is headquartered in London, UK. The founders, Anthony Collias and Jacob Wedderburn-Day, have a history of entrepreneurial ventures. In January 2020, CityStasher Limited raised GBP 2.00 million in a funding round led by VentureFriends, bringing the total funding to GBP 2.00 million, which values the company at GBP 10.11 million post-money.Stasher provides a luggage storage service that allows travelers to securely store their bags at a network of approved locations, including hotels and shops. Their core service enables users to find, book, and pay for luggage storage online, providing a convenient solution for individuals who wish to explore a city without the burden of their luggage. This service addresses the needs of tourists and business travelers who require flexibility in managing their belongings during their journeys. Stasher has established a substantial presence in various international markets, including major cities such as London, Paris, Barcelona, New York, and Sydney, catering to a diverse clientele that ranges from leisure travelers to corporate professionals.Stasher's revenue model primarily revolves around customer transactions for luggage storage services, which are facilitated through an easy-to-navigate online platform. Customers typically pay for storage on a per-bag basis, with transactions taking place at various Stashpoint locations. The pricing structure is designed to be competitive, offering affordable rates compared to traditional station lockers, and includes services that are accessible 24/7. Customers benefit from flexible cancellation policies, ensuring a hassle-free experience. Stasher's operational framework supports both direct-to-consumer sales as well as potential partnerships with retailers and hospitality businesses, creating a robust ecosystem for luggage storage that appeals to a wide demographic of users.CityStasher Limited plans to utilize the recent GBP 2.00 million funding raised in January 2020 to develop new product features that enhance user experience. The company aims to expand its services into new markets, specifically targeting additional cities across Europe and North America by the end of 2023. These initiatives are part of a strategic effort to strengthen its market presence and improve service offerings.

## Funding rounds

- Seed, Jan 2, 2018, $1.2M — Charlotte Street Capital, HOWZAT Partners, VentureFriends

## Investors

- Charlotte Street Capital (https://capitalatlas.ai/funds/charlotte-street-capital) — Seed
- HOWZAT Partners (https://capitalatlas.ai/funds/howzat-partners) — Seed
- VentureFriends (https://capitalatlas.ai/funds/venturefriends) — Seed