Q storage
Q storage (큐스토리지), operated by QubizKorea Co., Ltd. since 2015, runs 15 climate-controlled, IoT-secured urban self-storage branches across Seoul and Bundang, serving individual urban residents, small businesses, and item-specific storage customers via monthly subscriptions starting at 55,000 KRW.
- Company typePrivate
- Founded2015
- HeadquartersSeoul, South Korea
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Q storage does
Q storage (큐스토리지), operated by QubizKorea Co., Ltd. (주식회사 큐비즈코리아, founded 2015 in Seoul), is a Korean urban self-storage operator offering climate-controlled, multi-stage-secured storage units in 15 branches concentrated in Seoul CBD submarkets and the Bundang (Seongnam) area of Gyeonggi-do. Its core products are subscription-priced self-storage units ranging from 0.1 to 1.5+ pyung (starting at 55,000 KRW/month, approximately 0.5-10 m²), complemented by a box-storage parcel service for individual items (boxes at 11,000 KRW/month, luggage from 11,000 KRW, golf bags at 22,000 KRW, bicycles at 33,000 KRW). Differentiating technical features include IoT-connected facilities with constant temperature and humidity management, ADT-integrated 3-stage security, contactless kiosk-based contract execution, and 24/7 PIN-based unit access, with each branch offering dedicated parking and vehicle-accessible entrances.
The customer base is primarily individual urban residents of Seoul apartments needing short-term storage during moves, with secondary segments in small businesses (inventory and equipment), travelers, students, and item-specific use cases (golf equipment, bicycles). Customer acquisition flows through phone consultation (02-545-7322), KakaoTalk chat, social presence (Facebook, Instagram, Naver Blog, Kakao Channel), and walk-ins to physical branches, which convert via on-site self-serve kiosks. Revenue is overwhelmingly recurring, driven by monthly subscriptions with flexible terms (15-day minimum, prepayment discounts at 3/6/12 months) and supplemented by box-storage subscriptions and ancillary product sales through shop.qstorage.co.kr.
The company secured ICT Regulatory Sandbox designation for its urban smart storage service model and received a $3.24M funding round from NHN Entertainment Corp in March 2020. It is co-led by co-CEOs Lee Chang-wook (이창욱) and Hong Chan-gi (홍찬기). Compared with traditional Korean self-storage operators concentrated in suburban or industrial zones, Q storage's positioning emphasizes CBD convenience, climate control, and contract flexibility, though operating leverage from a 15-branch network is moderated by a small disclosed headquarters headcount (1-10 employees) and reliance on flexible short-tenure contracts rather than enterprise lock-in.
Q storage firmographics
Firmographics- Name
- Q storage
- Legal name
- 주식회사 큐비즈코리아
- Website
- https://qstorage.co.kr
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Q storage (큐스토리지), operated by QubizKorea Co., Ltd. since 2015, runs 15 climate-controlled, IoT-secured urban self-storage branches across Seoul and Bundang, serving individual urban residents, small businesses, and item-specific storage customers via monthly subscriptions starting at 55,000 KRW.
- Ownership category
- akta.pro rank
Q storage industry classification
Industry- Product category
- Self-Storage Services
- NAICS
- Lessors of Miniwarehouses and Self-Storage Units (531130)
- SIC
- Public Warehousing & Storage (4220)
- akta.pro primary industry
- Standard/Non-Climate Self-Storage (HSAKAGAB)
- akta.pro secondary industries
- Business & Commercial Self-Storage (Inventory/Records) (HSAKAGAD), Student & Seasonal Self-Storage (HSAKAGAE)
Keywords
Where Q storage is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices16 records
Markets served
Q storage business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Self-Storage Unit Rental: Monthly rental of physical storage units in various sizes (0.1-1.5+ 평). Revenue is recurring based on contract duration with flexible terms starting from 15 days minimum. Discounts available for long-term prepayment (3/6/12 months) and large units (1.5평 or larger).
- Box Storage Service: Storage of individual items (boxes, luggage, golf bags, bicycles) via parcel service. Customers can send items via courier and retrieve them when needed. Monthly fees based on item type and size.
- Ancillary Product Sales: Sale of storage-related products including locks (number locks, padlocks) through the Qstorage shopping mall (shop.qstorage.co.kr).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | 0.1평 Urban Storage Unit |
| Subscription | Monthly | 0.4평 Urban Storage Unit |
| Subscription | Monthly | 0.8평 Urban Storage Unit |
| Subscription | Monthly | 1.5평+ Urban Storage Unit |
| Subscription | Monthly | Post Office Box #5 (Box Storage) |
| Subscription | Monthly | Luggage Storage |
| Subscription | Monthly | Golf Caddy Bag Storage |
| Subscription | Monthly | Bicycle Storage |
| Subscription | Annual | Long-Term Prepayment Discount |
| Subscription | Pay-as-you-go | Minimum Usage Period |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Q storage product offering
Product offeringCore offering
Q storage operates urban self-storage facilities across Seoul and the Seoul Capital Area, renting physical storage units in multiple size tiers (0.1 to 1.5+ pyung) on monthly subscriptions with 24/7 access, climate-controlled conditions, multi-stage security, and on-site kiosk-based contactless contracts. Alongside unit rentals, the company offers a Box Storage service that accepts individual items (luggage, golf bags, bicycles, parcels) via courier pickup and delivery. A complementary e-commerce shop sells related accessories such as locks and packaging supplies.
Product overview
Q storage (큐스토리지) is a smart self-storage service provider offering urban/small-format storage solutions in Seoul, South Korea. The company operates two core services: Self-Storage (공간사용/셀프스토리지) for renting physical storage units of various sizes (0.1-1.5+ pyung) with 24/7 access, climate control, and multi-stage security; and Box Storage (박스보관/박스스토리지) for storing individual items like boxes, luggage, golf bags, and bicycles with parcel service support. The company also operates a complementary e-commerce platform (큐스토리지 쇼핑몰) selling related products such as locks and packaging supplies. The business is operated by (주)큐비즈코리아 (QubizKorea Co., Ltd.), established in 2015.
Differentiator
Problem solved
Functional benefit
Products and services
- Self-Storage Units (Urban Self-Storage) Urban smart self-storage service renting physical storage units in multiple size tiers (0.1 pyung ~0.8x0.5x2.0m up to 1.5+ pyung ~2.0x2.0x2.3m) with 24/7 PIN-based access, climate-controlled (constant temperature and humidity) conditions, multi-stage security including ADT service integration, and theft/fire insurance coverage. Available at 15 branches across Seoul and Bundang; contracts from 55,000 KRW/month with minimum 15-day terms.
- Box Storage Service (Individual Item Storage) Storage subscription service for individual items such as Post Office Box #5 boxes (11,000 KRW/month), luggage (from 11,000 KRW/month by size tier), golf caddy bags (22,000 KRW/month), and bicycles (33,000 KRW/month). Items can be sent and retrieved via courier parcel service, with 1-month minimum contract and a deposit equal to one month's fee refunded on termination.
- Storage Locks and Accessories Standalone security products sold through the Qstorage shopping mall, including combination/password locks, padlocks, and digital locks (e.g., Mecca 550A digital lock) intended for use with Q storage units or general use.
Companies that use Q storage
Customer profileSegments4 records
Ideal customer profiles2 records
Q storage technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Q storage partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Open Partnership ProgramminorQ storage maintains an open partnership inquiry process for individuals or businesses with creative ideas or business models. Interested parties can submit proposals via email ([email protected]). Review process takes 2-3 days, followed by contact for promising proposals, and contract execution for selected partners.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Q storage competitors and assessment
Company assessmentBroad incumbents
- CubeSmart: US self-storage operator with a mix of urban and suburban assets. Comparable for recurring-revenue dynamics, unit-mix strategy, and technology-enabled customer experience in dense markets.
- National Storage Affiliates: US self-storage REIT with diversified urban-suburban exposure. Comparable as a reference for portfolio scaling and lease-versus-own trade-offs that Q storage must navigate.
- Extra Space Storage: US self-storage REIT with a national footprint including urban-core locations. Comparable as a larger, publicly listed reference point for the urban self-storage business model Q storage pursues.
- Public Storage: Largest US self-storage REIT with broad portfolio of urban and suburban facilities. Comparable as the global benchmark for unit economics, pricing tiers, and recurring-revenue self-storage model.
Direct peers
- Yellow Storage: Korean self-storage brand operating small-format urban storage units with 24/7 access, overlapping directly with Q storage's unit sizes, pricing tiers, and Seoul-centric distribution strategy.
- Jospace (조흥산업): Established Korean self-storage operator with multi-region branch footprint. Comparable as a domestic self-storage competitor targeting urban consumers and small businesses.
- KOKOA Storage: Korean urban self-storage operator targeting apartment dwellers in Seoul metro with small-format, climate-controlled units. Closest direct competitor to Q storage in the urban CBD segment.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Q storage social profiles
Digital presenceQ storage financial estimates
Financial estimateRevenue estimate
Valuation estimate
Q storage leadership team
Management profileNumber of profiles
Profiles2 records
Q storage funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Q 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 Q storage
What does Q storage do?
Q storage operates urban self-storage facilities across Seoul and the Seoul Capital Area, renting physical storage units in multiple size tiers (0.1 to 1.5+ pyung) on monthly subscriptions with 24/7 access, climate-controlled conditions, multi-stage security, and on-site kiosk-based contactless contracts. Alongside unit rentals, the company offers a Box Storage service that accepts individual items (luggage, golf bags, bicycles, parcels) via courier pickup and delivery. A complementary e-commerce shop sells related accessories such as locks and packaging supplies.
Is Q storage a public or private company?
Q storage is a private company. It is classified as venture growth investor backed and is currently operating.
When was Q storage founded?
Q storage was founded in 2015. It employs 1 to 10 people.
Where is Q storage based?
Q storage is headquartered in Seoul, South Korea, in the Asia region.
How does Q storage make money?
Three revenue lines are on record. Self-Storage Unit Rental is the primary driver. The others are box Storage Service and ancillary Product Sales.
Who are Q storage's main competitors?
Broad incumbents on record are CubeSmart, National Storage Affiliates, Extra Space Storage and Public Storage. Direct peers are Yellow Storage, Jospace (조흥산업) and KOKOA Storage.
Does Q storage have an API?
No public API is recorded for Q storage.
What industry is Q storage in?
Q storage'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 HSAKAGAD, Business & Commercial Self-Storage (Inventory/Records). Its NAICS code is 531130 and its SIC code is 4220.