Stasher secures £1.9m in a seed round led by VentureFriends to fuel international expansion.
The luggage storage network has raised £1.9m from VentureFriends and angel backers to grow its presence in the US and Australia.
Stasher is an online marketplace connecting travellers with local shops and hotels for short term luggage storage. The platform operates across more than six continents and provides insured storage solutions.
Stasher has secured £1.9m in a seed funding round led by VentureFriends, with participation from previous backers including Johan Svanstrom. The luggage storage platform plans to deploy the capital towards expanding its global service footprint and strengthening its market presence in key territories such as the US and Australia.
The raise follows a period of rapid growth for the London based company, which more than tripled its revenues year on year and expanded its network to cover over 250 cities. Stasher intends to build upon strategic partnerships with major international hotel chains and travel brands to secure trusted storage locations worldwide.
Use of funds
- 01Expand into international markets
Investors
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About the company
Stasher
Stasher provides a sharing economy network for short term luggage storage.