# Kaolacang

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

- Industry: Consumer Services
- Headquarters: Beijing, China
- Website: www.kaolacang.com
- Total disclosed funding: $0.2M
- Latest round: Series B (Jun 10, 2016)
- Investors on record: 4

## About

Kaolacang Ltd. is a storage solutions provider specializing in flexible rental services for small to medium-sized warehouses, catering to both individual and business clients in urban China.Founded in 2012 in Beijing, China, Kaolacang Ltd. offers rental storage services to meet the diverse needs of consumers and businesses. The company has successfully completed 3 deals, with the latest funding round being an Angel round where it raised CNY 1.000 mn from Unity Ventures. The total amount raised by the company amounts to CNY 1.000 mn, indicating solid support from investors. Notably, the most recent deal was concluded on June 10, 2016.Kaolacang Ltd. specializes in providing flexible storage solutions through its rental services of small to medium-sized warehouses. Their core offerings include the storage of seasonal clothing, personal items, memorabilia, books, and various household goods, which are securely housed in independently accessible units. The service addresses common consumer needs such as space constraints within homes, temporary storage during relocations, and the management of business inventory for enterprises and e-commerce businesses. Additionally, customers benefit from features such as 24/7 access via smart locks, professional packing and transportation services, and ongoing cleanliness and pest control measures at the storage sites. The company operates a network of over 500 locations across major urban centers in China, including Beijing, Shanghai, and Hangzhou, making it accessible for both individual and business clients seeking convenient storage solutions.The company's revenue is generated primarily through transactional relationships with both individual consumers and businesses seeking storage services. Clients typically engage with the company through subscription-based access to their storage units, which allow for flexible rental terms and varying unit sizes depending on customer needs. Services offered include on-site packing, transportation to storage facilities, and additional security features, all structured to enhance customer experience. Specific pricing plans are tailored to accommodate different storage requirements, with options for short-term and long-term rentals. The company’s offerings cater to a diverse client base, from households needing extra space for belongings to businesses requiring inventory management solutions, thereby creating a steady revenue stream through ongoing service contracts and repeat usage.Kaolacang Ltd. has plans to expand its market presence and enhance its product offerings. The company aims to introduce new features to its storage solutions by mid-2024, providing customers with even more convenient options. Additionally, Kaolacang Ltd. is targeting expansion into other key urban centers in China, including Guangzhou and Shenzhen, by late 2024. The recent Angel funding round of CNY 1.000 mn will facilitate these initiatives, allowing the company to invest in technology and infrastructure improvements to support its growth.

## Funding rounds

- Series B, Jun 10, 2016 — Fortune Capital, V Star Capital
- Series A, Feb 20, 2014 — Jiyuan Capital
- Angel, Apr 11, 2012, $0.2M — Unity Ventures

## Investors

- Unity Ventures (https://capitalatlas.ai/funds/unity-ventures) — Angel
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series A
- Fortune Capital — Series B
- V Star Capital (https://capitalatlas.ai/funds/v-star-capital) — Series B