OpenUnit

Toronto, Canada Founded: 2019 • Age: 7 yrs
SaaS-based software is offered for managing storage facilities.
Annual revenue - Latest available
Total funding $1.1M 2 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About OpenUnit

OpenUnit is a company based in Toronto (Canada) founded in 2019 by Lucas Playford and Taylor Cooney. OpenUnit has raised $1.15 million across 2 funding rounds from investors including Garage Capital, Advisors.Fund and Insitepg. OpenUnit offers products and services including Management Software, Customer Relationship Management, Payment Processing, and Marketing Tools. OpenUnit operates in a competitive market with competitors including Placeholder, Montreal Mini-Storage, Spaceful, SpaceiShare and Contain Your Stuff Storage, among others.

  • Headquarter Toronto, Canada
  • Founders Lucas Playford, Taylor Cooney
  • Sectors
    Business Services
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Openunit, Inc.
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.15 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    May 20, 2021

  • Investors
  • Employee Count
    Not available
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Products & Services of OpenUnit

OpenUnit offers a comprehensive portfolio of products and services, including Management Software, Customer Relationship Management, Payment Processing, and Marketing Tools.

Product name locked
Category locked
Primary

Platform for self-storage operations including reservations and payments

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System to manage customer data and interactions

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Handles secure payments and fraud assessments

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Features for online promotions and SEO management

Funding Insights of OpenUnit

OpenUnit has successfully raised a total of $1.15M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in May 2021. 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.

Investors in OpenUnit

OpenUnit has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Garage Capital, Advisors.Fund and Insitepg.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Seed-stage investments are made by Garage Capital across multiple sectors.
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Early stage VC investments in multiple sectors
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Early-stage startups are accelerated via funding and educational programs.
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Investor details for OpenUnit

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by OpenUnit

Investments
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Investment portfolio details for OpenUnit

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  • Portfolio identities
  • Transaction dates
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Financial Statements - OpenUnit

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Detailed financials for OpenUnit

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Openunit Comparisons

OpenUnit Primary company
Description
SaaS-based software is offered for managing storage faciliti...
Location
Toronto, Canada
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for OpenUnit

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Competitors of OpenUnit

OpenUnit 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 Placeholder, Montreal Mini-Storage, Spaceful, SpaceiShare and Contain Your Stuff Storage, among others.

Company Name Domain Founded year HQ Location Description
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Marketplace for on demand warehousing solutions
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Warehouse spaces are rented via an app-based platform.
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On-demand self-storage units are leased via an online platform.
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Real estate spaces are shared through an online marketplace platform.
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Offers a platform providing self-storage services
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Detailed competitors of OpenUnit

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Latest news on Openunit

OpenUnit completes C$1m seed financing, buys Affiga
Venturecapitaljournal5 years ago
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Complete news archive for OpenUnit

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Frequently Asked Questions about OpenUnit

OpenUnit was founded in 2019 and raised its 1st funding round 1 year after it was founded.

OpenUnit is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Taylor Cooney is the current CEO of OpenUnit. They have also founded this company.

OpenUnit is a funded company, having raised a total of $1.15M across 2 funding rounds to date.

OpenUnit was founded in 2019 in Toronto, Canada, as a SaaS provider in the facility management sector focused on storage units. Operations center on a dashboard for oversight, alongside tools for unit tracking, automated reports, accounting integration, email communications, team coordination, content handling, customer relations, employee scheduling, and payment processing. The platform supports storage facility operators in streamlining administrative tasks.

OpenUnit's top competitors include Placeholder, Spaceful and Stow Spot.

OpenUnit offers Management Software, Customer Relationship Management, Payment Processing, and Marketing Tools.

OpenUnit has 12 investors. Key investors include Garage Capital, Advisors.Fund, Insitepg, Jonathan Wasserstrum, and Jeremiah Jacks.

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