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Stasher, The Luggage Storage App for Travelers, Raises $2.5M Additional Funding

Stasher, a travel luggage storage app, has collected $ 2.5 million in last funding. Venture Friends lead the round with various angels, which include Johan Svanstrom, who is also the former president of Expedia’s Hotels.com.

Has been Launched in 2015, presently it’s calling itself a “cost-effective luggage storage solution,” the Stasher market and app integrates travelers, event visitors and holiday renters with local shops as well as hotels that can store their luggage in the short to medium term.

It is including Insurance in every reservation, and items stored in StasherPoint are covered in case of damage, loss and theft up to GBP £1000.

In the meantime, the share of revenue for hosts is approximately 50% of the storage fee. The sharing economic idea is great to access the brick and mortar shops to an additional revenue stream.

To carry your luggage with you can often prevent you from enjoying part of your day while traveling, which also waste time. You might be accustomedto this issue if you have ever been driven out of Airbnb at 10am. Stasher wants to solve this problem, as Anthony Collias, the co-founder says.

Stasher network has significantly grown to this end, and now it is represented in 250 cities compared to 20. This includes the delivery of a luggage storage application to the United States and Australia.

This has seen the startup band together with organizations, for example, Klook, Sonder, Marriott and Hotels.com, alongside brands, for example, Premier Inn, Expedia, Holiday Express, OYO and Accor.

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Shahina Khatun

Shahina is a Web Developer, Content Writer, SEO Expert and Social Media Marketer.

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