Stashbee announces £1.6m funding round on Seedrs

by Startacus Admin

Stashbee, the online sharing-economy platform for storage space, has announced a targeted £1.6m funding round on leading European investment platform Seedrs, with the aim to be the largest UK storage provider in 2020.
At the same time as announcing their targeted funding round, Stashbeeannounces that it has over 820,000 sq ft of leasable space on its platform, holding the equivalent space of 28 traditional storage facilities. Stashbee is now the eighth largest storage provider in the UK, and is growing at the rate of two traditional self-storage facilities per month.
Focusing on the sharing economy model, Stashbee connects individuals and businesses who have spare space (garages & lock-ups, spare rooms, parking spaces, warehouses and self-storage facilities) with those who need it for storage, long-term parking and warehousing.
The reasons behind this exponential growth can be attributed to how the rise of the sharing economy, as seen in so many other industries such as transport and holiday bookings, has disrupted the conventional storage industry. This new model for distributing goods and services has resulted in an increase of people aware and willing to supplement their income through these types of schemes.
More specifically, the traditional storage industry has not kept up with demand and market potential; existing forms of storage can be costly, with little flexibility and clarity in pricing, and other informal options such as classified sites lack security.
Stashbee, however removes the barriers for not only individuals, but also the smaller independent storage companies; making it easier for them to advertise their space and manage bookings.
Proceeds from its second raise on the platform will be used to capitalise and build upon the growth Stashbee has seen in the UK in the last three years.
Seedrs has funded 810 deals to date and has had over £610 million invested on the platform. All investments made through Seedrs offer voting shares to investors and use professional grade subscription agreements. This ensures that investors get the same level of protection that angel investors and venture capitalists enjoy.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Thinking about embarking on currency trading? Here are some basic tips that will help you do just that...

Thinking of using email marketing to promote your startup? Here are a few of the key things to consider when doing just that...

The lowdown on Fleex, the startup that helps companies provide remote employees with all they need to make working from home more comfortable

Judging panel now revealed for the LEVELUP startup pitch comp for early stage NI startups taking place at Derry & Strabane Enterprise Week - entries open until 10th April

Key speakers, panelists and sponsors announced for the LEVELUP event, taking place on 21-22 April as part of Derry & Strabane Enterprise Week

As we slowly emerge from the pandemic, here is an overview of a few of the key things that you can do to help set the foundation for a stronger year ahead

The lowdown on Leaf Envy, the startup that wants to help us all become plant parents and grow our indoor jungle of dreams...

Make sure that you have happy employees in your startup right from the beginning, by applying some of these basic tips...

"Mutt-rimonials" are on the horizon thanks to Woof Weddings, the UK's first dedicated wedding planning service for dogs

Manual secures major investment to help with product development and international expansion and its overall mission to become the global destination for men’s health
Published on: 17th June 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Huge rise in dog weddings leads Feast It and Poppy’s Picnic to launch dog wedding planning service 31st Mar 2021 "Mutt-rimonials" are on the horizon thanks to Woof Weddings, the UK's first dedicated wedding planning service for dogs
- Manual, the innovative Men’s Health platform Raises $30M Series A 31st Mar 2021 Manual secures major investment to help with product development and international expansion and its overall mission to become the global destination for men’s health
- Arbolus raises $6m for AI-driven platform that puts collaboration at the Future of Work 26th Mar 2021 The Barcelona-based startup Arbolus secures funding boost to support the development of its enterprise knowledge sharing platform and its international growth plans
- NI startup pitch competition LEVELUP opens for applications 25th Mar 2021 Interesting and innovative early-stage NI startups now being sought for the LEVELUP pitch competition at Derry and Strabane Enterprise Week