10 Federal
10 Federal Storage acquires and operates 120 self-storage facilities across 14+ U.S. states under a fully automated, AI-driven remote management platform, serving residential, small business, and vehicle storage renters through contactless online rentals.
- Company typePrivate
- Founded2010
- HeadquartersRaleigh, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What 10 Federal does
10 Federal Storage is a national self-storage owner-operator that acquires and manages facilities under a fully automated, AI-driven operating model. Founded in 2010 and headquartered in Raleigh, NC, the company operates 120 properties across 14 or more states through a multi-brand portfolio that includes the flagship 10 Federal Storage brand alongside acquired sub-brands such as Storage Depot, Big Guy Storage, Carolina Secure Storage, and Self Storage Max. Its proprietary technology platform, developed in-house since 2015, combines AI voice agents that autonomously resolve more than 80% of inbound calls, integrated camera surveillance, automated access control with digital credential delivery, and predictive maintenance systems, enabling properties to be managed fully remotely without proportional on-site staffing.
The company generates revenue primarily through month-to-month unit rental fees (ranging from approximately $13 to $153 per month depending on unit size, location, and features such as climate control), optional tenant protection plans, and equity offerings to accredited investors that fund portfolio acquisitions and platform development. Distribution is product-led and contactless: customers reserve and rent online 24/7 through the company website or on-site self-service kiosks, with access codes delivered via email and text for immediate move-in. Customers span residential households in transition (moving, downsizing, renovating), small businesses storing inventory, equipment, and records, and vehicle/RV/boat owners. The company has executed an active acquisition program, including a 2023 Spartanburg, SC portfolio, a January 2026 Waxahachie, TX property, and a March 2026 acquisition of seven Arkansas properties from Arkansas Storage Properties for $14.09 million adding 2,730 units and 487,652 square feet. Capital deployment has been supported by disclosed equity raises totaling more than $112 million across 2018-2025 and a $100 million credit facility with First Horizon Bank secured in Q1 2025.
10 Federal firmographics
Firmographics- Name
- 10 Federal
- Legal name
- 10 Federal Storage Management LLC
- Website
- https://10federalstorage.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- 10 Federal Storage acquires and operates 120 self-storage facilities across 14+ U.S. states under a fully automated, AI-driven remote management platform, serving residential, small business, and vehicle storage renters through contactless online rentals.
- Ownership category
- akta.pro rank
10 Federal industry classification
Industry- Product category
- Self-Storage Services
- NAICS
- Lessors of Miniwarehouses and Self-Storage Units (53113)
- SIC
- Public Warehousing & Storage (4220)
- akta.pro primary industry
- Standard/Non-Climate Self-Storage (HSAKAGAB)
- akta.pro secondary industries
- Climate-Controlled Self-Storage (HSAKAGAA), Business & Commercial Self-Storage (Inventory/Records) (HSAKAGAD)
Keywords
Where 10 Federal is headquartered
LocationHeadquarters
- HQ city
- Raleigh
- HQ country
- United States
- HQ region
- North America
Offices10 records
Markets served
10 Federal business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Supply Chain, Marketing or Sales, Personnel, Infrastructure
Revenue model
- Storage Unit Rental: Monthly rental fees from storage units ranging from small (5x5) to large (10x30) units, as well as vehicle storage for cars, motorcycles, boats, and RVs. All rentals are month-to-month with no long-term contracts.
- Protection Plans: Optional protection plans offered to tenants for coverage of belongings stored in units.
- Equity Offerings: The company raises equity from investors through self-storage investment offerings, with plans to raise $100 million in total equity to acquire and convert self-storage properties to an automated platform.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Small Units (5x5) |
| Unit Pricing | Monthly | Medium Units (10x10) |
| Unit Pricing | Monthly | Large Units (10x20) |
| Unit Pricing | Monthly | Vehicle Storage (Parking, Covered RV, Uncovered RV) |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels5 records
10 Federal product offering
Product offeringCore offering
10 Federal acquires, converts, and operates self-storage properties under a fully remote, AI-powered management model. The company rents residential, commercial, and vehicle storage units (climate-controlled and standard) on month-to-month leases through a 24/7 online rental platform, with contactless move-in enabled by automated access codes, integrated video surveillance, and proprietary AI voice agents that handle the majority of inbound customer calls.
Product overview
10 Federal Storage operates as a unified technology-driven self-storage platform with a multi-brand portfolio strategy. The core platform (10 Federal Storage) provides fully automated, remotely managed storage solutions across 120+ properties, augmented by AI-powered call systems, integrated cameras, and automated access control. The portfolio includes managed sub-brands (Storage Depot, Big Guy Storage, Carolina Secure Storage, Self Storage Max) serving specific regional markets. Feature modules including Climate Controlled Storage, Business Storage, and Vehicle/RV/Boat Storage extend the core offering to serve both residential and commercial customer segments.
Differentiator
Problem solved
Functional benefit
Products and services
- 10 Federal Storage (Self-Storage Units)
Quantifiable outcome
- AI-driven call handling resolves more than 80% of inbound calls
- +3 more outcomes
Companies that use 10 Federal
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
10 Federal technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature5 records
10 Federal partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights6 records
10 Federal competitors and assessment
Company assessmentBroad incumbents
- Public Storage: Largest U.S. self-storage REIT with thousands of facilities nationwide. Comparable as the dominant operator in the same self-storage customer segment; 10 Federal competes for residential and SMB tenants in overlapping Sun Belt and Midwest markets.
- Extra Space Storage: Second-largest U.S. self-storage REIT with an extensive owned/managed portfolio. Comparable as a national self-storage operator targeting the same residential and small business tenants that 10 Federal serves, with overlapping geographic coverage in many of 10 Federal's 10+ states.
- CubeSmart: Public self-storage REIT with a national portfolio of owned and third-party-managed facilities. Comparable as a same-category, multi-state self-storage owner/operator pursuing a mix of acquisitions and new development.
- National Storage Affiliates: Public self-storage REIT built through a network of participating regional operators. Highly comparable to 10 Federal's multi-brand regional rollup strategy (Storage Depot, Big Guy Storage, Carolina Secure Storage, Self Storage Max) and acquisition-led growth model.
- Life Storage: Major U.S. self-storage REIT with a national portfolio. Comparable as a large multi-state operator in the same self-storage category serving residential and SMB customers.
- U-Haul International: Operates a large network of U-Haul-owned self-storage facilities across the U.S. Comparable as a diversified moving-and-storage operator with a self-storage rental offering that overlaps with 10 Federal's residential customer use cases.
Direct peers
- SmartStop Self Storage: Public, growth-oriented self-storage owner/operator with an emphasis on third-party management and technology-enabled operations. Directly comparable as a multi-state self-storage operator pursuing portfolio growth, though larger and publicly funded.
Emerging players
- Neighbor.com: Peer-to-peer self-storage marketplace connecting hosts with unused space to storage customers. Comparable as an alternative self-storage channel targeting the same residential and SMB use cases, especially in markets where 10 Federal operates.
- MakeSpace: Full-service storage provider offering pickup, climate-controlled storage, and redelivery to urban customers. Comparable in targeting residential storage customers seeking a more service-oriented, less DIY alternative to traditional self-storage.
Others
- Storable: Leading technology provider to the self-storage industry (software, websites, marketing, AI tools). Comparable as a strategic technology counterparty: 10 Federal's in-house AI platform competes with the SaaS tools Storable sells to traditional self-storage operators.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
10 Federal social profiles
Digital presence10 Federal financial estimates
Financial estimateRevenue estimate
Valuation estimate
10 Federal leadership team
Management profileNumber of profiles
Profiles3 records
10 Federal subsidiaries and ownership
Company hierarchySubsidiaries4 records
10 Federal funding detail
Funding detailFunding overview
Funding rounds8 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
10 Federal M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 10 Federal
What does 10 Federal do?
10 Federal acquires, converts, and operates self-storage properties under a fully remote, AI-powered management model. The company rents residential, commercial, and vehicle storage units (climate-controlled and standard) on month-to-month leases through a 24/7 online rental platform, with contactless move-in enabled by automated access codes, integrated video surveillance, and proprietary AI voice agents that handle the majority of inbound customer calls.
Is 10 Federal a public or private company?
10 Federal is a private company. It is classified as venture growth investor backed and is currently operating.
When was 10 Federal founded?
10 Federal was founded in 2010. It employs 101 to 250 people.
Where is 10 Federal based?
10 Federal is headquartered in Raleigh, United States, in the North America region.
How does 10 Federal make money?
Three revenue lines are on record. Storage Unit Rental is the primary driver. The others are protection Plans and equity Offerings.
Who are 10 Federal's main competitors?
Broad incumbents on record are Public Storage, Extra Space Storage, CubeSmart, National Storage Affiliates, Life Storage and U-Haul International. SmartStop Self Storage is listed as a direct peer. Emerging players are Neighbor.com and MakeSpace. Storable is listed as an others.
Does 10 Federal have an API?
No public API is recorded for 10 Federal.
What industry is 10 Federal in?
10 Federal's product category is Self-Storage Services. Its primary akta.pro industry code is HSAKAGAB, Standard/Non-Climate Self-Storage, with a secondary code of HSAKAGAA, Climate-Controlled Self-Storage. Its NAICS code is 53113 and its SIC code is 4220.