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Overview
Bounce is an app-based platform that offers a global luggage storage network by connecting travelers with local businesses that have unused space. Travelers search for storage locations in the Bounce app, choose dates and items to store, and book a space at nearby hotels, cafes, or shops, paying a flat daily rate online with added security like item tags and up to $10,000 of protection. The model is asset-light, as Bounce partners with existing businesses to use their underutilized space, allowing rapid scale and creating new revenue for partners. The company's goal is to give people freedom from carrying their belongings and provide on-demand storage access wherever travelers go.
About Bounce
Industries
Data & Analytics
Consumer Software
Real Estate
Company Size
51-200
Company Stage
Series B
Total Funding
$34.2M
Headquarters
New York City, New York
Founded
2018
Simplify's Take
What believers are saying
- Inc. 5000 ranked Bounce 8th in 2024 with 19,783% three-year revenue growth.
- $19M Series B in late 2024 from Sapphire Sport fuels Asia-Pacific expansion to 30,000 locations by 2026.
- Global Brain and KDDI investments open Tokyo office, targeting Japan market growth.
What critics are saying
- Nannybag brand retention locks in cheaper rates, eroding Bounce pricing in Paris and Rome.
- Swiggy e-scooter partnership strains capacity, delaying Asia-Pacific luggage rollout.
- Aggressive 30,000-location push by 2026 triggers partner churn from theft lawsuits.
What makes Bounce unique
- Bounce partners with local retailers like hotels and cafes for zero-fixed-cost luggage storage.
- Platform guarantees $10,000 protection per booking with unique security tags.
- Acquired Nannybag in 2025, adding Carrefour France and Fermopoint partners in Europe.
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Funding
Total Funding
$34.2M
Below
Industry Average
Funded Over
4 Rounds
General Catalyst
Andreessen HorowitzIndustry standards
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 4%2 year growth
↑ 1%Bounce, a US-based luggage storage platform, has acquired European competitor Nannybag for an undisclosed sum. The deal expands Bounce's European network, particularly strengthening its presence in France and Italy, including cities like Paris and Rome. The acquisition adds retail and logistics partners such as Carrefour France and Fermopoint to Bounce's network. Nannybag will maintain its brand whilst leveraging Bounce's technology, scale and partnerships. Founded in 2018, Bounce raised $19 million in Series B funding in late 2024, following a $12 million Series A round in 2022. The company aims to create greater flexibility for travellers through its expanding global luggage storage network.
Swiggy teams up with Bounce to add e-scooters to its delivery fleet.
KDDI news release introduction, Notice on integration of KDDI Open Innovation Fund III Invests in Bounce, Provider of a Global Network of Luggage Storage Services
Global Brain, through its KURONEKO Innovation Fund 2 and KDDI Open Innovation Fund 3, has invested in Bounce, Inc, a leading marketplace-based luggage storage service provider. Bounce operates in over 4,000 cities across North America, Europe, and Asia, and plans to expand its services in Japan by opening a Tokyo office. Global Brain will support Bounce's business development in Japan. The funds managed by Global Brain have a total of ¥80 billion and ¥300 billion, respectively.
Global Brain has invested in Bounce, Inc., a luggage storage marketplace, through its KURONEKO Innovation Fund II (JPY 8 billion) and KDDI Open Innovation Fund III (JPY 30 billion). Bounce, available in over 4,000 cities, plans to expand in Japan and open a Tokyo office. Recognized as the fastest-growing privately-held travel company in the US by Inc5000, Bounce aims to leverage this investment for its market expansion in Japan.
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About Bounce
Industries
Data & Analytics
Consumer Software
Real Estate
Company Size
51-200
Company Stage
Series B
Total Funding
$34.2M
Headquarters
New York City, New York
Founded
2018
There are no jobs for Bounce right now.
Find jobs on Simplify and start your career today