About Lok’nStore
Lok’nStore is a company based in Farnborough (United Kingdom) founded in 1995 was acquired by Shurgard in April 2024.. The company has 170 employees as of July 31, 2022. Lok’nStore offers products and services including Storage Units, Online Rental Platform, Packing and Moving Services, and SHURProtect.
- Headquarter Farnborough, United Kingdom
- Employees 170 as on 31 Jul, 2022
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Lok'n Store Limited
- Date of Incorporation 25 Feb, 1994
- Jurisdiction FARNBOROUGH, ENGLAND
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Products & Services of Lok’nStore
Lok’nStore offers a comprehensive portfolio of products and services, including Storage Units, Online Rental Platform, Packing and Moving Services, and SHURProtect. 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.
Secure spaces for personal and business items with flexible access
Tool for reserving and managing storage units remotely
Advice and materials for efficient storage and relocation
Optional protection for stored items against damage or loss
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Funding Insights of Lok’nStore
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $70.1M
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First Round
First Round
(20 Feb 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Debt – Conventional - Lok’nStore | Valuation |
investors |
| 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 Lok’nStore
Lok’nStore has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Shurgard and Royal Bank of Scotland. 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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Commercial bank
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Founded Year | Domain | Location | |
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Provider of an online platform for storage services
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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 Lok’nStore
| 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 - LoknStore
| 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 |
Lok’Nstore Comparisons
Competitors of Lok’nStore
| 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 Lok’Nstore
Frequently Asked Questions about Lok’nStore
When was Lok’nStore founded?
Lok’nStore was founded in 1995 and raised its 1st funding round 23 years after it was founded.
Where is Lok’nStore located?
Lok’nStore is headquartered in Farnborough, United Kingdom. It is registered at Farnborough, Hampshire, United Kingdom.
How many employees does Lok’nStore have?
As of Jul 31, 2022, the latest employee count at Lok’nStore is 170.
What does Lok’nStore do?
LoknStore was founded in 1995 in Farnborough, United Kingdom, and operates within the self-storage sector. Various unit sizes are offered to meet diverse needs, with access secured by individual codes and locks. Online rental processes are facilitated, alongside digital account management for customers. Short-term and long-term options are available, and packing materials can be purchased on site.
What products or services does Lok’nStore offer?
Lok’nStore offers Storage Units, Online Rental Platform, Packing and Moving Services, and SHURProtect.
Who are Lok’nStore's investors?
Lok’nStore has 2 investors. Key investors include Shurgard, and Royal Bank of Scotland.