About Radical Storage
Radical Storage is a company based in Rome (Italy) founded in 2016 by Alessandro Seina, Giacomo Piva, and Giulio De Donato. It operates as a On-Demand Services. Radical Storage has raised $7 million across 1 funding round from investors including European Union, CDP Venture Capital and Opes Italia Sicaf Euveca. Radical Storage offers products and services including Luggage Storage. Radical Storage operates in a competitive market with competitors including Luggage Hero, Bounce, Vertoe, ecbo and Bounce, among others.
- Headquarter Rome, Italy
- Founders Alessandro Seina, Giacomo Piva, Giulio De Donato
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Sectors
Travel & Hospitality
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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 Lean Team S.R.L.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7 M (USD)
in 1 rounds
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Latest Funding Round
$7 M (USD), Series A
Oct 23, 2024
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Investors
European Union
& 6 more
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Employee Count
Employee Count
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Products & Services of Radical Storage
Radical Storage 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 services are provided at various locations.
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Funding Insights of Radical Storage
Radical Storage has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in October 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 1
- Last Round Series A — $7.0M
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First Round
First Round
(23 Oct 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2024 | Amount | Series A - Radical Storage | Valuation | CDP Venture Capital |
| 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 Radical Storage
Radical Storage has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, CDP Venture Capital and Opes Italia Sicaf Euveca. 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 and fund of funds focused on multiple sectors
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Investments are managed in innovative Made in Italy companies.
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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 Radical Storage
| 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 - Radical Storage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Radical Storage Comparisons
Competitors of Radical Storage
Radical Storage 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, Bounce, Vertoe, ecbo and Bounce, 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 |
SaaS solutions for business travel management are delivered.
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| domain | founded_year | HQ Location |
Online marketplace for luggage storage services
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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 |
SaaS solutions for business travel management are delivered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Radical Storage
Frequently Asked Questions about Radical Storage
When was Radical Storage founded?
Radical Storage was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Where is Radical Storage located?
Radical Storage is headquartered in Rome, Italy. It is registered at Rome, Lazio, Italy.
Who is the current CEO of Radical Storage?
Alessandro Seina is the current CEO of Radical Storage. They have also founded this company.
Is Radical Storage a funded company?
Radical Storage is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Series A of $7M, raised on Oct 23, 2024.
What does Radical Storage do?
Luggage storage services are provided by Radical Storage across over 10,000 locations in more than 1,000 cities worldwide. Operations span multiple continents including Europe, America, Australia, Asia, and Africa. Convenient and secure storage options are made available for travelers to store suitcases and enjoy hands-free travel. The service is supported by a network of local partners such as hotels and shops. Booking is facilitated through an online platform or mobile app for ease of access.
Who are the top competitors of Radical Storage?
Radical Storage's top competitors include Bounce, Bounce and Luggage Hero.
What products or services does Radical Storage offer?
Radical Storage offers Luggage Storage.
Who are Radical Storage's investors?
Radical Storage has 7 investors. Key investors include European Union, CDP Venture Capital, Opes Italia Sicaf Euveca, Finint Investments, and Vertis.
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