Bounce operates a mobile app that lets travelers find and access local businesses to store and move luggage and related items, with partners that receive a revenue share for servicing app users. The company has grown revenue 20x since its $12M Series A in Spring 2022 and says APAC revenue is expanding up to 4x year-over-year. Bounce reports more than one million people land on its website or app each month, has 13,000+ partners, and its network touches roughly 4,000 cities in 100 countries. Since launching its app in 2019, the service has been used to store about 6 million bags. Near-term plans funded by the new capital include market expansion (notably Asia-Pacific), adding more service verticals such as Bounce for Hotels, and increasing high-quality locations near transport hubs. The company projects it can reach around 30,000 locations by the end of 2026 while prioritizing location relevance over pure quantity. Bounce operates a distributed retail network that provides luggage storage and package-acceptance services through more than 7,000 partner locations in 40 countries. Its core product is a marketplace that aggregates SMB supply (hotels, post offices, shops, etc.) and shares revenue with partners—typically a 50/50 split—while covering fees like payment processing and marketing. The company served “tens of thousands” of customers per month and says it grew revenue 38x in 2021 to reach “millions,” with about 45% of revenue coming from outside the U.S. Roughly 2,000 locations currently offer package acceptance; London and Paris are among its largest city markets. Bounce plans to expand its service offerings (including more subscription options) and to fast-scale in Europe, targeting Italy, France and the UK, supported by a European HQ in Lisbon. It also runs partner programs (BounceBack and BouncePlus) that provide guaranteed payouts, marketing support and other incentives to SMB partners. Bounce operates a luggage-storage platform that lets travelers book short-term bag and luggage storage through local partner businesses via its website and mobile app. Bookings include BounceShield protection covering up to $10,000 and free cancellation before a booking begins. The company has expanded into all 50 U.S. states and into 20 additional countries, with more than 200 storage points in New York City, over 200 in Los Angeles, 100 in Chicago, and thousands of locations across other major tourist cities including London, Paris, Singapore, and Sydney. Bounce says it has grown more than 30x in the year and is beginning to move into additional verticals such as a recently launched Package Acceptance offering. Founded in 2018 and headquartered in San Francisco, the company aims to make travel simpler by partnering with local businesses to offer convenient short-term storage. The recent funding will support further geographic expansion and product growth. Bounce is a San Francisco, CA–based mobile platform for booking daily storage. Led by CEO Cody Candee, the company enables on-demand storage bookings across New York, San Francisco, Washington DC and Chicago via partnerships with local retailers such as hotels and dry cleaners. It operates more than 100 storage locations and, after one year with its web-based product, has stored tens of thousands of bags. Customers include business travelers, urban commuters and parents. The company raised $1.2M and intends to use the funds to roll out to dozens of new cities throughout 2019.

Total raised

$34M

Funding rounds

4

Latest round

Series B

Latest activity

Nov 2024