We are happy to announce the close of our first round of investment this week.
CityStasher has raised a significant amount from angel investors, including storage industry veterans James Gibson and Nick Vetch (CEO and Chairman respectively of Big Yellow Group plc), investing in a personal capacity.
It has been an exciting journey from the launch of our website in April through to closing our first round just 8 months later. In that time we have gone from storing one bag to thousands, with December set to be another record-breaking month. We have signed up 27 great StashPoints and are looking to get many more on board very soon.
The money will primarily be used to fund the development of a new website, iOS and Android apps (due early 2017), innovative marketing strategies, and expanding the service.