24 Storage secured $13M.

Sweden 29 September 2019
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24 Storage, a Stockholm, Sweden-based company providing self storage services, announced in the Swedish media the completion of a fresh capital raise totalling SEK 128M ($13M).

The funding was supported by existing shareholders, including Michael Fogelberg, Ernström & C: o and Staffan Persson.

24Storage, founded in 2015 by Stefan Nilsson, Mats Steijner and Michael Fogelberg and led by CEO Fredrik Sandelin, sells access to self storage facilities with automated solutions. The company operates 22 unmanned storage facilities in Sweden and registered SEK 57M ($5.8M) in revenues in 2018.

24 Storage last raised capital in 2018, when it secured $9M in growth capital from its existing investors.

Total investments received (USD): 52.17M

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