Radical Storage
Radical Storage operates a global two-sided luggage storage marketplace connecting individual travelers with 8,000+ verified local partner businesses across 15,000+ locations in 80+ countries, monetizing through per-transaction commissions on each bag stored.
- Company typePrivate
- Founded2016
- HeadquartersRome, Italy
- Headcount11–50
- GTM typeB2C
- OfferingDigital Commerce or Content
What Radical Storage does
Radical Storage, legally constituted as Lean Team S.R.L. and headquartered in Rome, Italy, operates a global two-sided marketplace that connects travelers with verified local businesses offering short-term luggage storage. Founded in 2016 and originally branded BAGBNB before its 2024 rebrand, the platform lists more than 15,000 storage locations across 1,000+ cities in 80+ countries, served by a network of 8,000+ partner "Angels" — primarily restaurants, cafés, shops, and hotels that monetize underused floor space. End customers — individual travelers between hotel check-out and transport departures, tourists on day-trips, cruise passengers, and layover visitors — discover and book storage through a multilingual website and native iOS and Android applications (10% app discount acts as a download incentive), receive an instant QR-code confirmation, drop bags at the partner venue with photo-documented chain-of-custody, and pick them up later, with every bag covered by a €3,000 damage, loss, and theft guarantee.
The underlying platform combines location-based search, real-time inventory, QR-code verification, online payment, and a partner-facing Angel App that handles check-in/check-out workflows. Pricing is a flat daily rate per bag with no size or weight limits — starting from €0.90/day in Europe and $2.50/day in the United States — and an optional Radical Protection add-on at €1.75 per bag. Distribution combines direct-to-consumer self-serve booking with enterprise channel partnerships across rail (Trenitalia, Italo, Intercity, Regionale), accommodation (Accor, Sonder), tourism authorities (VisitBritain), OTAs (Edreams), sightseeing operators (BigBusTours), logistics (GLS), and cultural institutions (Montreal Museum of Fine Arts), which funnel travelers into the booking flow.
Radical Storage monetizes through transaction commission on each booking — a pay-per-storage model with no customer subscription. The company has disclosed three funding rounds: a 2017 seed from Pi Campus, approximately €2.5 million in 2020 from Vertis SGR-managed VV2 and VV4 funds (with additional support from the EU NextGenerationEU-backed Vertis Venture 4 Scaleup Lazio), and a $7 million Series A in October 2024 led by CDP Venture Capital and Opes Italia with participation from Azimut Holding and Vertis, structured as a hybrid of venture capital and equity crowdfunding. Cumulative operational scale reported includes 6 million-plus bags stored and a 4.8/5 average rating across 593,000+ customer reviews. Leadership comprises CEO Alessandro Seina, CTO Giulio De Donato, and VP of Business Development Vangelis Bougiatiotis; headcount is reported in the 11–50 range.
Radical Storage firmographics
Firmographics- Name
- Radical Storage
- Legal name
- Lean Team S.R.L.
- Website
- https://radicalstorage.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Radical Storage operates a global two-sided luggage storage marketplace connecting individual travelers with 8,000+ verified local partner businesses across 15,000+ locations in 80+ countries, monetizing through per-transaction commissions on each bag stored.
- Ownership category
- akta.pro rank
Radical Storage industry classification
Industry- Product category
- Travel Luggage Storage Marketplace
- NAICS
- Other Warehousing and Storage (49319)
- SIC
- Public Warehousing & Storage (4220)
- akta.pro primary industry
- Commercial Full-Service Storage (HSAKAHAB)
Keywords
Where Radical Storage is headquartered
LocationHeadquarters
- HQ city
- Rome
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
Radical Storage business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Operations, Marketing or Sales, Technology or R&D, Personnel, Infrastructure
Revenue model
- Transaction Commission: Radical Storage earns a commission for every bag stored through the platform. Partner businesses (Angels) receive a share of each booking while Radical Storage retains a portion as platform fee. The service operates on a pay-per-storage model with no subscription required for customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard daily rate - all locations |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Radical Storage product offering
Product offeringCore offering
Radical Storage operates a global marketplace platform that connects travelers needing luggage storage with verified local businesses (restaurants, cafes, shops, hotels) that offer unused space. Customers search for nearby storage locations via website or mobile app, book online with instant QR code confirmation, drop off bags at the partner location, and explore the city hands-free. Each booking includes bag photography documentation and a €3,000 guarantee against damage, loss, or theft.
Product overview
Radical Storage operates as a unified platform connecting travelers with verified local businesses for luggage storage. The core product is the Radical Storage platform (website and mobile app) where users search for nearby storage locations, book online, and receive QR code confirmations. Partner businesses ('Angels') use the Angel App to manage luggage check-in/check-out. An optional €3,000 guarantee protection add-on covers each bag. The service operates across 15K+ locations in 1K+ cities globally, with flat daily pricing and free cancellation.
Differentiator
Problem solved
Functional benefit
Products and services
- Radical Storage Platform Global luggage storage marketplace that enables travelers to locate nearby verified partner locations (restaurants, cafes, shops, hotels), book online with instant QR code confirmation, drop off bags, and explore cities hands-free. Operates across 15K+ locations in 1K+ cities.
- Radical Storage Mobile App Native iOS and Android application for travelers to locate nearby luggage storage locations, book storage, receive QR code confirmations, and manage bookings. Available on the App Store and Google Play with a 10% app booking incentive.
- Angel App Partner application for local businesses (Angels) to manage check-in/check-out procedures, reduce operational overhead, and handle luggage storage management at their locations.
- Radical Protection Guarantee (€3,000) Security guarantee coverage add-on providing €3,000 per-bag protection against damage, loss, or theft, with photo documentation at drop-off. Available for €1.75 per bag.
Quantifiable outcome
- 593,000+ customer reviews with 4.8/5 average rating demonstrates high customer satisfaction
- +2 more outcomes
Companies that use Radical Storage
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Radical Storage technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Radical Storage partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- ItalocoreFirst private railway company in Italy. Partnership enables luggage storage access for rail passengers and cross-promotion to Italo's customer base traveling on Italian rail routes.
- Roma PassminorSpecial card service allowing visitors to access museums for free, travel on public transport, and receive discounts. Cross-promotional partnership for Rome visitors.
- TiqetsminorPlatform for booking entry to attractions in popular tourist destinations. Partnership allows bundled offerings for travelers purchasing attraction tickets.
- Montreal Museum of Fine Arts (MMFA)coreLong-term partnership with one of Canada's most visited museums (1.3+ million visitors annually, eighth-most visited in North America). Provides luggage storage solutions for museum visitors.
- TrenitaliacoreItalian state railway company. Partnership provides luggage storage access for rail travelers at stations and surrounding areas.
- VisitBritaincoreNational tourism organization for Great Britain. Partnership promotes luggage storage services to international visitors traveling to the UK.
- Accor hotelscoreMajor international hotel group with properties worldwide. Hotels serve as luggage storage Angel locations for guests and travelers.
- BigBusToursminorOpen-top bus sightseeing tour company operating in major tourist cities. Partnership targets tourists looking to explore cities hands-free.
- EdreamsminorOnline travel agency offering flight and hotel bookings. Cross-promotional partnership reaches travelers planning trips.
- SonderminorHospitality company offering tech-enabled accommodations. Partnership provides luggage storage for Sonder guests.
- IntercityminorIntercity rail services. Partnership provides luggage storage access for intercity rail passengers.
- RegionaleminorItalian regional train operator. Partnership extends luggage storage availability to regional rail travelers.
- GLSminorLogistics company partnership for potential delivery or package-related services.
Scale indicators8 records
Recent moves8 records
Expansion highlights5 records
Radical Storage competitors and assessment
Company assessmentDirect peers
- Nannybag: Nannybag is a French-headquartered luggage storage marketplace operating across Europe with a similar partner-hosted storage model. It directly competes with Radical Storage for both travelers and local business partners, particularly in French-speaking markets.
- Vertoe: Vertoe is a US-based luggage storage marketplace offering short-term bag storage through verified partner locations in major American cities. It targets the same traveler pain points as Radical Storage and overlaps in product, model, and audience.
- LuggageHero: LuggageHero operates a near-identical marketplace model, connecting travelers with verified local businesses (hotels, cafes, shops) for short-term luggage storage across major cities worldwide. It is the closest direct competitor to Radical Storage in both product offering and target customer.
- StowEasy: StowEasy operates a luggage storage marketplace connecting travelers with local shops and hotels for short-term bag drop-off. It is a direct functional competitor with overlapping product, geography, and partner economics.
Broad incumbents
- Extra Space Storage: Extra Space Storage is one of the largest self-storage operators in the US with thousands of facilities globally. As an incumbent in physical storage, it has the operational footprint and brand recognition to enter the short-term luggage storage market if it chose to.
- CubeSmart: CubeSmart is a major US self-storage REIT operating over 1,200 facilities. It serves customers needing storage on flexible terms and could credibly extend into traveler-focused short-term bag storage as an adjacent offering.
- Public Storage: Public Storage is the largest self-storage REIT in the United States, operating thousands of self-storage facilities. While its core offering is long-term self-storage rather than travel-focused short-term storage, it represents a broad incumbent that could expand into the on-demand luggage storage use case.
Emerging players
- AirPortr: AirPortr is a UK-based luggage transfer service that picks up bags from travelers' homes or hotels and delivers them directly to airports or vice versa. It addresses overlapping traveler pain points (avoiding luggage hassle) with a different but adjacent service model.
Others
- Luggage Forward: Luggage Forward offers door-to-door luggage shipping services for travelers, particularly for airline-checking bags ahead of flights. It targets the same traveler base as Radical Storage with a complementary rather than directly competing service.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Radical Storage social profiles
Digital presenceRadical Storage financial estimates
Financial estimateRevenue estimate
Valuation estimate
Radical Storage leadership team
Management profileNumber of profiles
Profiles3 records
Radical Storage funding detail
Funding detailFunding overview
Funding rounds3 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Radical Storage 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 Radical Storage
What does Radical Storage do?
Radical Storage operates a global marketplace platform that connects travelers needing luggage storage with verified local businesses (restaurants, cafes, shops, hotels) that offer unused space. Customers search for nearby storage locations via website or mobile app, book online with instant QR code confirmation, drop off bags at the partner location, and explore the city hands-free. Each booking includes bag photography documentation and a €3,000 guarantee against damage, loss, or theft.
Is Radical Storage a public or private company?
Radical Storage is a private company. It is classified as venture growth investor backed and is currently operating.
When was Radical Storage founded?
Radical Storage was founded in 2016. It employs 11 to 50 people.
Where is Radical Storage based?
Radical Storage is headquartered in Rome, Italy, in the Europe region.
How does Radical Storage make money?
One revenue line is on record: transaction Commission.
Who are Radical Storage's main competitors?
Direct peers on record are Nannybag, Vertoe, LuggageHero and StowEasy. Broad incumbents are Extra Space Storage, CubeSmart and Public Storage. AirPortr is listed as an emerging player. Luggage Forward is listed as an others.
Does Radical Storage have an API?
No public API is recorded for Radical Storage.
What industry is Radical Storage in?
Radical Storage's product category is Travel Luggage Storage Marketplace. Its primary akta.pro industry code is HSAKAHAB, Commercial Full-Service Storage. Its NAICS code is 49319 and its SIC code is 4220.