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"airbnb" for vehicles, boats, rvs
AustinFounded 2022
Warehouses & StorageAutomotive
🟢 Raising pre-seed — $750K target
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"airbnb" for vehicles, boats, rvs
StowHere! is a community-driven marketplace that matches those that have excess storage such as garages, carports, open parking, and boat docks with those that need extra space for cars, boats, RVs, trailers, and motorcycles. Created in Austin, Texas from a founder's willingness to pay top dollar for an efficient short-term lease in order to seek shelter from an incoming Texas hailstorm, StowHere! was conceptualized and brought to market. Since then the platform has grown to become the most flexible and efficient storage marketplace in the world offering as little as 1-day storage needs with just a few simple clicks.
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Clayton Simmons
founder
StowHere! is a marketplace that addresses simultaneously the demand side need for economical and convenient storage and the excess supply of unused or unconsidered space that property owners have. This is done via the following: Demand: Need for low cost highly flexible storage needs of vehicles, RV, boat, trailer, & motorcycle owners Supply: Need to monetize the significant/underutilized/unconsidered supply of garages, carports, boat docks, and open land for landowners
StowHere! came out of its prototype phase in October of 2022 and has since been serving the communities of Texas, Arizona, and Kentucky through "word of mouth". We have successfully grown organically to date with no outside investment and marketing spend. Our current CAGR in the first 8 months of business has been 15% growth in listings, 16% growth in demand-side users, and 8% growth in revenue. We are currently running at 80% monthly retention of all listings, bookings, and revenue. We will soon launch automated Craiglist and Facebook Marketplace add insertions, which will increase our usage significantly while keeping our CAC at $0/subscriber. Further, we will soon launch surge pricing, discounting for long-term rentals, and supply-side listing commissions which will significantly boost revenues.