London startup CityStasher raises $1.1M for its ‘Airbnb for luggage’

Jan 11, 2018 · techcrunch.com

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London-based CityStasher is building what it calls an ‘Airbnb for luggage’, a network of brick and mortar businesses across Europe that will store your luggage for a few hours after you have checked out or are waiting to check into your travel accommodation.

To help with this mission, CityStasher has raised $1.1 million in seed funding in a round led by Venture Friends, with participation from Howzat Partners, Charlotte Street Capital, and various angel investors. One of those is Big Yellow Storage CEO James Gibson, who was also an earlier backer of the startup.

The problem the young company wants to solve is that having to carry around luggage can often stop you enjoying part of your day when travelling, time that is otherwise wasted. "If you’ve ever been forced out of your Airbnb at 10am, you may be familiar with the issue," co-founder Anthony Collias tells me.

"Luggage gets in the way of your travels and we want to help travellers make the most of their time. Dragging luggage is tiring and a lot of venues now-a-days outright ban bringing in your bag (museums, stadiums, etc)".

For the businesses that list on CityStasher’s marketplace — dubbed "StashPoints" — the upside is being able to monetise otherwise empty space, as well as getting more people through the door.

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