Last week, Seedrs success Storesmates announced it was accepted MassChallenge’s 2016 startup accelerator program. A total of 835 MassChallenge alumni startups reportedly raised over £1 billion in funding and created over 50,000 jobs. The early-stage startups coming to MassChallenge UK are chosen based on their impact and potential, with the intention to make an impact on the economy, create jobs, and solve some of the world’s biggest problems.
Storesmates, which describes itself as the “Airbnb of Storage,” enables homeowners to rent their extra space to those needing cheap storage.
“Storemates enables people to safely rent their unused space to people who need cheap local storage. Currently with over 2,000 spaces listed and 12,000 registered users. We offer a trusted, convenient, much cheaper alternative to established commercial self- storage options, by enabling anyone with secure space to operate as a ‘no frills’ storage provider or a ‘Storemate.’”
The company previously raised over £100,000 from two Seedrs initiative. The first, which was funded in 2012, secured £40,000 while the second captured £80,453 last month. The MassChallenge program is set to be held in London this fall.
Made it! Now officially part of #MCStartups16! See the full @MassChallenge 2016 class: https://t.co/BoHBJtDlRA
— Storemates (@StorematesUK) August 10, 2016
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