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Biggest Austrian Funding Round In 2023: Storebox Raises Over €67M For Urban Storage Units Accessible 24/7

Sep 22, 2023about 2 years ago

Amount Raised

€67 Million

ViennaInternetE Commerce

Investors

Raiffeisenbank InternationalHansi Hansmann And Markus ErtlerActivum SgUrban PioneersKineo CapitalWille FinanceSenger Weiss Family Offices

Company Information

Company

Storebox

Location

Vienna, Vienna, Austria

About

Storebox is the first fully digitalized self-storage warehouse and logistics network in Europe, with over 250 locations in Austria, Germany, Netherlands, Belgium, Luxembourg and Switzerland. We offer storage for private and business purposes, which are automatically accessible at any time. With our successful and multiple awarded franchise system, we manage to grow and will continue to expand within Europe following our mission to revolutionise inner-city logistics. The idea for Storebox was born in 2015 when founder and CEO Johannes Braith observed that his neighbour rented out her unused basement unit to a craftsman for storing his equipment and materials. That's how the foundation for Storebox was set. He just hadn’t realised it yet. Together with the Co-founders Ferdinand Dietrich and Christoph Sandraschitz they managed turning a vision into a successful Scale-up with today over 100 employees across Austria and Germany and still counting. 🚀 After Storebox was founded in 2016, it quickly developed into one of the fastest growing storage and logistics solutions in Europe. Since then it received numerous prizes and awards, starting from Best Startup Award at the Pitching Days in Tel Aviv 2016, Logistics Startup of the Year 2016, “Best Franchise-System Newcomer 2020” by ÖFV, Green Franchise Award 2022 or EY Scale-up Award “Scale-up of the year 2022” in the category Disruption & Innovation. 🏆

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech