Radical Storage
Radical Storage, formerly BAGBNB, is the first luggage storage network. Active in +300 cities across the world.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
* | $7.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 18 % | - | - | 116 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Radical Storage operates in the travel and tourism industry, providing convenient luggage storage solutions for travelers. The company partners with local businesses such as hotels, bistros, bike rentals, and shops to offer secure storage spaces where customers can leave their luggage. This service is particularly useful for tourists who need a place to store their bags before check-in or after check-out, or for business travelers who want to free themselves from hand baggage during meetings. Radical Storage's business model relies on online bookings and payments, ensuring a seamless and secure transaction process. The company generates revenue by charging a fee for each luggage storage booking, regardless of the size or weight of the luggage. This flat fee model simplifies the pricing structure for customers. Radical Storage aims to enhance the travel experience by making it lighter and more enjoyable, allowing travelers to explore their destinations without the burden of carrying their luggage.
Keywords: luggage storage, travel, tourism, online booking, secure storage, local partners, flat fee, hassle-free, business travelers, tourists.