Bounce offers secure luggage storage services in over 100 cities worldwide, allowing travelers to explore without their bags. Customers can book storage online, drop off their items at local partner locations, and enjoy a simple, affordable service for $5.90 per day. The company stands out by providing insurance coverage for stored items and a user-friendly booking process with instant reservations. Bounce's goal is to enhance travel convenience by providing practical storage solutions.

Jillian Manus

Seabed VC

Rob Chesnut

General Catalyst

General Catalyst Partners

Michael Hyatt

Vijay Ullal

Tommy Roch Querton

Andreessen Horowitz

The Twenty Minute VC

Shilling VC

KDDI Open Innovation Fund

Sapphire Sport

Thayer Ventures

FJ Labs

Consumer Software

Consumer Goods

Bounce

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

KDDI Open Innovation Fund III Invests in Bounce, Provider of a Global Network of Luggage Storage Services | News & Event | KDDI Open Innovation Program | KDDI CORPORATION

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.

Bounce receives investment from Global Brain

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.

Global Brain Invests in Bounce Inc.

Luggage storage as a vector for piling into convenience-based revenue opportunities in the business of global travel continues to put a spring in San Francisco-based Bounce‘s step. The startup has just tucked $19 million in Series B funding into its suitcase, with a plan to keep rolling revenue that’s grown 20x since its $12M Series A back in Spring 2022.Market expansion and adding more verticals are on the cards for Bounce for the next couple of years.Asia-Pacific is a major focus, according to co-founder and CEO Cody Candee, who says revenue from the region is growing by up to 4x year-over-year. He suggests the consumer behavior the startup is building towards is way more pronounced in markets like Japan, where coin lockers for luggage and convenience stores that offer much more than soda are established already.Figuring out where Bounce needs to expand to meet traveler demand isn’t tricky, as the startup can see the locations its users are searching for. “We have more than a million people that land on our website or app every month,” Candee noted, saying this lets it create a ranked list of which areas are in most demand.The startup’s big vision remains serving “cloud storage for the physical world,” as Candee puts it. That translates to a mobile app that lets users (mainly travelers) find and access services for storing and moving their stuff.Its partners are SMEs with bricks-and-mortar locations that have space to store luggage (and, in some cases, accept packages), and delivery firms that can move stuff around on demand. Bounce provides its 13,000+ partners with a revenue share for servicing its app users.With the fresh cash from the Series B, Bounce predicts it can reach around 30,000 locations by the end of 2026

Bounce Bags $19M To Expand Its Traveler Convenience Network

Bounce, a U.S. startup specializing in luggage storage, secured a $19 million Series B funding round to boost global expansion. The company plans to extend services in Europe, the U.S., Brazil, and Asia, including Malaysia and South Korea. With 60% of its 102 employees based in Portugal, Bounce is hiring 21 more staff. The funding was led by Sapphire Sport, with participation from Thayer Ventures, FJ Labs, 20VC Growth, and Shilling, alongside existing investors Andreessen Horowitz and General Catalyst.

Bounce secures $19M for global expansion

In the fast-paced world of tech startups, maintaining company culture as you scale is a delicate task. As a tech founder who has weathered the storms of growth, I’ve come to understand that nurturing and preserving the ethos of our organization is as crucial as the product, or any line of code we write. From the early days of conceptualizing the offering to the bustling office floors housing hundreds, the journey of culture evolution is both challenging and rewarding. At the heart of this journey lies the understanding that culture isn’t something that can be applied like a sticker; it’s an environment meticulously crafted from the inside out, nurtured, and protected. Culture takes intentionality. As we expand from a handful of passionate individuals to a thriving team of innovators, it’s vital to recognize that maintaining culture evolves alongside growth

How To Get Culture Right: An Exercise In Intentionality

Luggage storage expert Bounce released a 2023 update, ranking countries based on how safe they are for solo female travelers.

10 safest countries for solo female travelers to visit in 2024

The American startup Bounce raised $19 million in a Series B funding round led by Sapphire Sport, with participation from Portuguese investor Shilling and others like Thayer Ventures, FJ Labs, and 20VC Growth. Existing investors Andreessen Horowitz and General Catalyst also increased their stakes. Bounce plans to use the funds to expand its team by 21 positions, many in Portugal, and further grow its global luggage storage network.

Bounce secures $19M in Series B funding

BOUNCE 96.1 is teaming up with Sleep Country to help your student get the best start to the new school year.

Bounce

Secure luggage storage service worldwide

Bounce

Secure luggage storage service worldwide

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