About Bounce
Bounce is a company based in United States founded in 2018 by Cody Candee. It operates as a On-Demand Services. Bounce has raised $34.2 million across 4 funding rounds from investors including Thayer Ventures, FJ Labs and Sapphire Ventures. Bounce offers products and services including Luggage Storage. Bounce operates in a competitive market with competitors including Luggage Hero, Radical Storage, ecbo, Vertoe and Qeepl, among others.
- Headquarter United States
- Founders Cody Candee
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Bounce, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$34.2 M (USD)
in 4 rounds
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Latest Funding Round
$19 M (USD), Series B
Nov 12, 2024
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Investors
Thayer Ventures
& 10 more
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Employee Count
Employee Count
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Products & Services of Bounce
Bounce offers a comprehensive portfolio of products and services, including Luggage Storage. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Luggage storage is provided at various global locations.
Funding Insights of Bounce
Bounce has successfully raised a total of $34.2M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $19 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $19.0M
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First Round
First Round
(21 Dec 2018)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series B - Bounce | Valuation | Sapphire Ventures | |
| Apr, 2022 | Amount | Series A - Bounce | Valuation | a16z | |
| Dec, 2021 | Amount | Seed - Bounce | Valuation | General Catalyst |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bounce
Bounce has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Thayer Ventures, FJ Labs and Sapphire Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm partnering with enterprise software companies and early-stage funds.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bounce
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bounce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bounce Comparisons
Competitors of Bounce
Bounce operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Luggage Hero, Radical Storage, ecbo, Vertoe and Qeepl, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online marketplace for luggage storage services
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| domain | founded_year | HQ Location |
Luggage storage is facilitated via an online booking platform.
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| domain | founded_year | HQ Location |
App-based luggage-storage platform for travelers
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| domain | founded_year | HQ Location |
Online marketplace for luggage storage services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bounce
Frequently Asked Questions about Bounce
When was Bounce founded?
Bounce was founded in 2018.
Where is Bounce located?
Bounce is headquartered in United States.
Who is the current CEO of Bounce?
Cody Candee is the current CEO of Bounce. They have also founded this company.
Is Bounce a funded company?
Bounce is a funded company, having raised a total of $34.2M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Dec 21, 2018.
What does Bounce do?
Luggage storage solutions are provided by Bounce across over 32,000 locations worldwide. Services are available in more than 4,000 cities, catering to travelers needing secure storage for bags and other items. Affordable pricing starting at 2.95 per day is combined with 10,000 protection for stored items. Support is ensured 247, and free cancellation is offered for flexibility. The focus is placed on convenience for users exploring various destinations without luggage burden.
Who are the top competitors of Bounce?
Bounce's top competitors include Radical Storage, Luggage Hero and Qeepl.
What products or services does Bounce offer?
Bounce offers Luggage Storage.
Who are Bounce's investors?
Bounce has 11 investors. Key investors include Thayer Ventures, FJ Labs, Sapphire Ventures, Andreessen Horowitz, and General Catalyst.
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