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An on-demand-short-term-storage startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow
Startup of the Year discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, #SOTYPodcast, and more.
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Oct. 14 -16 | Memphis, TN
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Vertoe
Vertoe is an on-demand short term storage marketplace that connects people who are looking to store their bags and personal items for a few hours or days to nearby local businesses that have space.
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Vertoe is America's leading short term storage and daily luggage storage provider, with over 300 locations in 20+ cities. By using underutilized space at local shops and businesses, Vertoe is able to deliver safe storage space one can conveniently book and access within 5 min and for as low as $6/day.
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What's Innovative About Their Solution?
Currently, the world lacks a solution for short term storage that you can access instantly. Traditional self storage needs to lock one into lengthy and expensive contracts, as they have high operational and maintenance costs due to warehousing, and access is not instant. By using underutilized space at local shops and businesses, Vertoe delivers safe storage space that that can be conveniently booked and accessed within 5 min for as low as $6/day.
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📍 Location
New York, New York
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⚙️ Product Stage
First Full Release
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🏭 Industries
Travel, Marketplaces, Sharing Economy
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🤑 Fundraising Status
Considering raising
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💸 Total Funding
To Date
>$1.5MM
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🙌 Founder Demographics
Female founder, Minority founder
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Big Wins
- On a $1.3M annual run rate
- Over 300 locations across 30 cities in the U.S.
- Stored more than 200,000 items and served over 75,000 customers.
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Contact the Founder:
Sid Khattri
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Further Your Passion For Startups
The Startup of the Year Podcast raises the bar for startups around the world by providing further insight on the emerging companies featured in our Daily Dealflow newsletter and by highlighting newsworthy stories and global trends affecting the startup ecosystem. Thank you to American Airlines and Silicon Valley Bank for your sponsorship! |
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The Daily Dealflow is made possible thanks to the support of our amazing partners.
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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
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Created by the talent responsible for building the Tech.Co brand (acquired by an international publishing company), we're leveraging decades of experience to help our collaborators further (or create) their brand & accomplish their most important goals.
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Established, LLC is not a broker-dealer and cannot provide assurances and makes no representations or warranties as to the timing or price terms for any purchase or sale of early-stage company equity. Nothing contained in this email constitutes investment, legal, tax or other advice. No information or statements contained in this email should be relied upon in making an investment or different decision. You should review all risks and consult all applicable professionals when making any investment decisions. Information and statements contained within this email and any attachments are solely for informational purposes and does not constitute an offer to sell or a solicitation to buy any securities.
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