Travel/Tourism
Luggage storage platform for tourists, with more than 8,000 points also open 24/7 and distributed in 900+ cities. The service can be booked online or on the app in just a few clicks.
4mln bags deposited to date
8.000 storage points in more than 900 cities and 70 countries
Among the partners: Italo, Trenitalia, ITA Airways, GLS Spain
6.6mln€ value of services sold in 2023 (+60% YoY)
TAX Bonus
Innov SME
LP
Target + SPV
Radical Storage is a luggage storage platform that offers travelers a convenient and secure solution for temporarily storing their luggage. With a network of more than 8,000 storage points in more than 900 cities and 70 countries, Radical allows tourists to reserve storage space at commercial establishments, such as bars, restaurants or supermarkets.
Radical's service is particularly beneficial for tourists who have a time lag between arrival and check-in time at the accommodation facility, or between check-out time and departure time. In other words, users can use the service to extend their vacation by a few hours and move around without the burden of luggage.
The service is developed in four steps:
Indirectly, Radical also offers benefits to its local business partners, who have the opportunity to thus create a second source of income (up to €2-3k per month) by taking advantage of unused space in their businesses and expand their customer base by welcoming tourists to their stores.
In 2023, the company recorded 420k orders with a Gross Merchandise Value (value of services sold) of about 6.6mln€ (+60% vs. 2022). The company maintained an excellent growth trajectory in 2024. In recent months, the company has also formed strategic partnerships with companies such as Ita Airways, Italo, Trenitalia and GLS Spain.
30% tax breaks apply on Radical Storage
Radical Storage reserves the right of "liquidation preference" for all investors who join the campaign, who will therefore be reimbursed first in the event of exit than the company's other shareholders (according to the order of preference indicated in the bylaws). All conditions are published in the bylaws found in the Documents section.
Radical Storage 's campaign is being conducted through a capital increase involving both Lean Team S.r.l. (the "Target" company) and a newly established vehicle called Radical Investments S.r.l. [SPV] (the "Vehicle" or "SPV" company ). More information in the round section.
The maximum limit for raising investments that fall under the SPV is €550,060.97. If this target is exceeded, further investments may be rejected due to overfunding.
This is a marketing communication. Equity crowdfunding investments are high-risk and could result in full or partial loss of invested capital. Please read the sheet containing key investment information before joining.
Radical Storage
Travel/Tourism
Total funding
2.102.365 €
Goal min 1,63Mln €
Goal max 2,48Mln €
130 investors
129% Goal min
Min order
450,00 €
Pre-Money
23Mln €
This crowdfunding offer is just part of a larger investment round undertaken by the company. The company has already privately raised 6.619.005,17 € which is not reflected in the offer counter. The total raised amount to date is 2.102.365,34 €.
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Italiano
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