One Bag Every Minute – Stasher smashes 100,000 bag storage milestone and creates a new marketplace in the process

Stasher, the start-up bag and luggage storage platform, has stored its 100,000th bag and proved that there can be a successful sharing economy solution for luggage storage. The company is now targeting half a million bags in the next 12 months as it consolidates its presence in the UK and Europe and expands into the US and Asia. – News from Stasher

Stasher, the start-up bag and luggage storage platform, has stored its 100,000th bag and proved that there can be a successful sharing economy solution for luggage storage. The company is now targeting half a million bags in the next 12 months as it consolidates its presence in the UK and Europe and expands into the US and Asia.

Founded by three university friends in 2015, Stasher enables travellers to store their heavy bags and luggage with accredited ‘hosts’ at a variety of city centre locations for a nominal fee, allowing them to enjoy an unencumbered day out or business engagement before collecting their items at a time of their convenience. Bookings at more than ‘StashPoint’ locations worldwide are made at stasher.com, which has been fully optimised for mobile from launching 18 months ago, which can be found in anything from convenience stores and souvenir shops to cafes and hotels, everywhere from London to LA.

Stasher’s 100,000th bag was ‘Stashed’ yesterday at 7am in Amsterdam.

Following original seed funding from James Gibson, founder of Big Yellow Storage, and VC investment from VentureFriends, Charlotte Street Capital and, previous Trivago investors, Howzat Partners, the company is now scaling fast, adding an average five new cities per month and plan to be in every major city tourist destination before the summer of 2019. Last month, it won the Expedia Affiliate Network and Hotels.com Jumpstart accelerator programme prize.

Commenting on breaking the 100,000 ‘stashed item’ milestone, co-founder and Stasher CCO, Anthony Collias said: “We’re so pleased to have achieved this goal so quickly. It’s really validated the vision we took to our investment partners, and couldn’t have been achieved without the support of the Stasher team, our StashPoint hosts and of course, our users.

“We estimate that, if all of the bags we have stashed were stacked on top of each other, the pile would be taller than Everest and K2 combined, or fill over 100 747s. A bag is now stashed with us every minute. That’s a lot of bags! But for us it is just the beginning. We’ve got big ambitions for expansion beyond Europe where we see the need for safe, convenient and good value bag storage locations to be just as strong as we suspected it would be in the UK, and where we know we can help potential StashPoint hosts realise a new source of revenue.

“We’re working with a broad range of partners from Lastminute.com to National Express to spread our message and are looking forward to building that network further as we enter the next phase of our development.”

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