# LugStay

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

- Industry: Software
- Headquarters: Seoul, South Korea
- Website: www.lugstay.com
- Latest round: Seed (Apr 1, 2023)
- Investors on record: 2

## About

Based in Seoul, South Korea, and founded in 2018 by Sanghyuk Oh (CEO), BLUEWHALE Company Inc., doing business as LugStay operates as a software company that helps people find and rent storage space for their belongings, all through a mobile app. In April 2023, LugStay raised seed funding from Korea Tech Incubator for Startup and The Invention Lab, being selected for Accelerator Investment-Driven Tech Incubator Program.

LugStay is a company that develops a mobile app that allows users to store all kinds of items in local stores. The app helps users find and reserve idle space at a reasonable price, anywhere at any time. This makes it easy for individuals, companies, and institutions to store, deliver, and pick up items in real-time.

The company plans to use the April 2023 funding to introduce a logistic solution based on idle spaces for last-mile logistics operators.

## Funding rounds

- Seed, Apr 1, 2023 — Korea Tech Incubator for Startup, The Invention Lab

## Investors

- Korea Tech Incubator for Startup — Seed
- The Invention Lab (https://capitalatlas.ai/funds/the-invention-lab) — Seed