So you’re looking for a storage system to put some things in for a few months. Maybe you’re moving and your brand-new place isn’t all set yet– or maybe you’re simply looking to declutter and want to tuck some things away for a while and see if you’re really prepared to part with it.
As you may find, the procedure of finding a storage system can be … not fantastic. While there are a few huge storage chains in the market, a substantial portion of the self-storage industry is made up of independent/mom-and-pop stores that do not always have the time/budget to maintain as tech has progressed. It can include a great deal of poking around out-of-date websites, a lot of call and a lot of documents.
OpenUnit, a startup out of Toronto, wishes to repair that. They’re aiming to be Shopify for the self-storage industry, with an all-in-one service that offers a modern interface to help consumers make reservations on the front end, and provides facility managers whatever they require to keep things running on the back end.
Their management tool supplies things like:
- A white-labeled website for booking
- System stock management
- Expenditure tracking
- Group chats/DMs to give workers and managers a place to communicate
- Pricing/revenue analytics
- Digital lease finalizing
- A CRM for managing leads and existing relationships
The business isn’t charging center managers a monthly cost; instead, they’re dealing with charge card payment processing and taking a cut of 2.9% (+ 30 cents) per deal.
Co-founders Taylor Cooney and Lucas Playford discovered their way into self-storage when Taylor’s landlords concerned him with a deal: they wanted to sell the location he was renting, and they ‘d give him a stack of money if he might be out within simply a couple of days. Pulling that off indicated finding a place to keep all of his stuff while he searched for a brand-new house, which is when he recognized how old-fashioned the self-storage process might be.
Image Credits: Open Unit The 2 at first set their websites on something a bit various: a Hotwire-style search system that would discover deals on regional storage systems, negotiating the regular monthly expense on a customer’s behalf for a small one-time cost. The more they worked with center managers, the more spaces they found in the tools and systems on the marketplace, so they shifted focus to this facility management suite.
OpenUnit became part of the Winter 2020 < a class="crunchbase-link"href="https://crunchbase.com/organization/y-combinator"target="_ blank"data-type="company" data-entity =”y-combinator”> Y Combinator class which ended back in March, however the team opted to postpone their demo day launching up until YC’s Summertime 2020 event next week. As March came to an end and the intensity of the pandemic was ending up being more clear, Canadian Prime Minister Justin Trudeau hired any residents abroad to return home earlier than later on. Releasing a company while hurrying to return house is barely perfect, so the 2 selected to hold off their launch until now.
After a couple of weeks of private screening, OpenUnit is now beginning to bring more storage facilities on board. Run a storage company and wish to give it a look? They’ve got a waiting list here.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.