LUGGit
Latest round
- Seed
Last raised
- Nov 2023
Total raised
- $2M
Investors
- 3
About LUGGit
Founded in 2019 in Ilhavo, Portugal, LUGGit specializes in providing luggage management services. The company was established by Diogo Correia, Hugo Fonseca, and Ricardo Figueiredo, with Ricardo Figueiredo currently serving as CEO. LUGGit has successfully completed 2 deals, with its most recent deal occurring on November 21, 2023.LUGGit is a luggage management service that provides on-demand pick-up, storage, and delivery of luggage to customers in key urban markets. The company's core offerings include the collection of bags from various locations, secure storage, and timely delivery to designated drop-off points, accommodating travelers before check-in or after check-out. This service alleviates the stress of carrying luggage, especially during busy travel days or when tourists have gaps between their arrival and accommodation availability.LUGGit generates revenue through a transaction-based model that charges customers for luggage storage and delivery services.99 EUR per bag. Additional costs may apply for premium insurance options covering higher valued items. The company plans to introduce new product features that enhance customer experience and is targeting expansion into additional urban markets across Europe, with specific cities yet to be announced.
Who invested in LUGGit
3 investors across 1 round
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Funding rounds
Seed
Nov 21, 2023
Amount
$2M
Investors
Questions about LUGGit
Who invested in LUGGit?
LUGGit has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has LUGGit raised?
LUGGit has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did LUGGit last raise money?
LUGGit's most recent round on record is a Seed, in Nov 2023.
What does LUGGit do?
Founded in 2019 in Ilhavo, Portugal, LUGGit specializes in providing luggage management services.
Where is LUGGit headquartered?
LUGGit is headquartered in Ilhavo, Portugal.
Which VCs invest in companies like LUGGit?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back internet companies at LUGGit's stage. Their profiles are linked below.
VCs backing internet startups at Seed
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