# Stuf

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

- Industry: Consumer Services
- Headquarters: New York, US
- Website: www.stufstorage.com
- Total disclosed funding: $13M
- Latest round: Series A (Dec 30, 2022)
- Investors on record: 7

## About

Stuf is a modern self-storage provider that transforms underutilized urban spaces into secure, accessible storage facilities, catering to diverse consumer needs with flexibility and convenience.Stuf specializes in modern self-storage by converting underutilized urban spaces into accessible storage facilities. Founded by Adam Demuyakor, Andrew Balogh, Atit Jariwala, and Katharine Lau, the company is headquartered in New York, US. In December 2022, Stuf raised USD 11 mn in Series A funding, co-led by Allegion Ventures and Altos Ventures, with participation from ANIM, Good Friends, Harlem Capital Partners, Palm Tree Crew Investments, and Wilshire Lane Capital. This funding round represents the total amount raised by the company, which is now valued at USD 28.76 mn.Stuf Storage provides modern self-storage solutions by transforming urban spaces into clean and secure storage facilities. The company offers a variety of storage units for different needs, including small units for seasonal items and larger spaces for business inventory and furniture. Customers enjoy 24/7 access through a digital key system, enhancing convenience and security. Stuf primarily serves urban dwellers and businesses in major U.S. markets, including Atlanta, Boston, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington D.C.Stuf Storage generates revenue through month-to-month leasing agreements for their storage units, allowing customers to reserve and manage their accounts via an online platform and mobile app. The pricing structure includes complementary offerings such as padlocks for customer ease. Transactions are processed securely through the Neighbor app, emphasizing accessibility and user satisfaction, which aligns with their service commitment.Following the USD 11 mn raised in Series A funding in December 2022, Stuf plans to utilize this capital to support its geographic expansion initiatives. Specific markets targeted for this expansion have not been disclosed; however, the company is actively pursuing growth opportunities to enhance its footprint in the self-storage sector.

## Funding rounds

- Series A, Dec 30, 2022, $11M — Altos Ventures, Harlem Capital Partners, Allegion Ventures, Wilshire Lane Capital, Palm Tree Crew Investments, Good Friends, ANIM
- Seed, Dec 9, 2020, $1.8M — Harlem Capital Partners, Wilshire Lane Capital

## Investors

- Harlem Capital Partners (https://capitalatlas.ai/funds/harlem-capital-partners) — Seed, Series A
- Wilshire Lane Capital (https://capitalatlas.ai/funds/wilshire-lane-capital) — Seed, Series A
- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series A
- Allegion Ventures (https://capitalatlas.ai/funds/allegion-ventures) — Series A
- Palm Tree Crew Investments (https://capitalatlas.ai/funds/palm-tree-crew-investments) — Series A
- Good Friends — Series A
- ANIM (https://capitalatlas.ai/funds/anim) — Series A
