Valet Storage Corp. | Application Preview
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General Information
Business Registration Number: 85-2340280
Location: Austin, TX, United States
Length of Operation: 2
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
58% of funding will go towards hiring in-house software engineers (Austin, TX) and building out version 2 of our software 36% will go towards hiring employees for marketing, customer support and on-demand labor. 6% will go towards purchase of assets (trucks and bins).
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Business Plan
We are planning to introduce a virtual closet to every home in America. Cluttered space leads to stress and mood swings. With apartment spaces becoming smaller each year and closets almost non-existent we are aiming to give residents more freedom and happiness from their space. We are introducing a new lifestyle. You might not have a space in your apartment for a bike or kayak, but you can have it with our service and request it being dropped off to you on a nice Saturday when you would like to spend a nice day out. We are planning to introduce AI and IA learning to help people understand what items they own and which items they use the least; further allowing them to take control of their lives and expenses. We are creating a new way to live. Our team has over 50 years of cumulative experience in self-storage operations, business development, and executive experience. Each of us has passion for solving the challenge of a consumer society by allowing users to take back control of their space. Profile of founders: Tomas Louda - Co-Founder Tomas has 13 years of CEO experience specializing in bringing new products into the market. His experience ranges from efficient operations, lean manufacturing, logistics and technology to brand creation, development of highly successful sales teams and leading national expansions. Tomas provides guidance for over 100 startups for a global accelerator and is a competitive table tennis & racquetball player, and avid technology buff. DeAnna Unger - Co-founder DeAnna has over 6 years of experience in multifamily valuations ranging from $1M –$500M. Her expertise is identifying up and coming trends and finding business opportunities in such. She has over 6 years entrepreneurial experience and was a high grossing stockbroker at one time. DeAnna has her own online yoga studio where she specializes in introducing individuals to yoga principles. She has previously competed in tennis. John Muhich - Advisor John has over 30 years of storage development experience and has manage over 40 partnerships with assets over $100M. In addition he spent 25 years as a computer engineer and developed over 20 patents for IBM.
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Self Identified Competition
Clutter Raised approximately $300M (mainly from Softbank). MakeSpace Raised $142M Callbox Storage Raised $10.5M Every single of our competitors does the exact same: • Predefined storage sizes. • Same pricing as traditional storage. • Offer on-demand pick up and delivery; high hidden fees. • Inconsistent customer service. • Utilizes leased warehouse space; geographically limited. • Require large amount of manpower. • Very high startup costs. Our patent pending technology allows us to offer for the first time to the market pay-per-consumption pricing model. The space of your virtual closet shrinks and expands with your needs and your financial health. Unlike every single of our competitors we take advantage of under-utilized empty space such as existing storage units, empty commercial spaces, empty office buildings and turn them back into revenue generating state. Unlike our competitors we do not directly compete with the established self-storage industry, but rather take advantage of their existing infrastructure. We want every home to have virtual closet of their physical items which is organized, with picture inventory, and information about usage which in return allows our customers to make better financial decisions.
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