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
6.8mln€ value of services sold in 2023 (+60% YoY)
Innov SME
LP
Target + SPV
Radical Storage is a platform operating in the field of luggage storage and 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 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:
Available 24 hours a day and fully digitized, users can book and pay via app. The storage fee for one day is €6.75 and includes a €3,000 guarantee in case of lost or damaged luggage.
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 (GMV) of about 6.8mln€ (+60% vs. 2022). The company maintained an excellent growth trajectory in 2024.
The ongoing capital increase aims to consolidate Radical's market position through:
Radical Storage
Travel/Tourism
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Warnings pursuant to Article 19(2)
crowdfunding services provided by Mamacrowd are not covered by the Deposit Guarantee Scheme established in accordance with Directive 2014/49/EU*; securities and instruments eligible for crowdfunding purposes that can be acquired through this crowdfunding platform are not covered by the Investor Compensation Scheme established in accordance with Directive 97/9/EC**.
* Directive 2014/49/EU of the European Parliament and of the Council on Deposit Guarantee Schemes.
** Directive 97/9/EC of the European Parliament and of the Council on investor-compensation schemes.
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