Storage sharing platform Stashbee raises £2.5m in crowdfunding
Storage space sharing platform Stashbee has raised £2.5m in crowdfunding capital.
Foundedin 2015, the firm bills itself as a ‘storage marketplace’, allowing businesses and individuals to rent out unused warehouse and commercial space, as an alternative to traditional storage offerings.
The funds, which were raised on the Seedrs crowdfunding platform, will be used to boost the company’s growth, which last month reached a record high as it doubles its May sales figures.
June also saw the firm pass an annual revenue of £1m. In the last three years the firm has registered 18,500 users, and accrued a network of spaces totalling over 70,000 square feet per month.
It now claims to be the 6th largest storage provider in the UK, with 1 million square feet of storage available.
Founded in 2015, Stashbee co-founder David Mantle called this June’s figures a remarkable month.
“Once again we were delighted to welcome so many customers and champions of our business as both customers and shareholders as we build the #1 global destination for storage,” he said.
“We have been humbled by the support and can’t wait to show everyone’s what’s next."