Spaceplus

What Spaceplus does

Spaceplus (PTY) Ltd is a privately held South African manufacturer, founded in 2012 and headquartered at 3 Theewatersingel, Villiersdorp in the Western Cape. The company designs and builds over-bonnet garage storage units — the Space+ Single Unit (2.5 cubic metres) and Double Unit (5 cubic metres) — constructed from 100% recyclable galvanized steel, stainless steel hinges, and powder-coated components. Units are engineered to fit international standard parking bays (2.5m x 5.0m), feature adjustable legs, a 3-point locking system, gas-strut doors, and a 2-year unconditional guarantee. Distribution is purely domestic, limited to Western Cape sub-regions, and delivered via free on-site measurement and professional installation.

The business operates two revenue lines. The core storage line sells or rents physical units under three structures: outright purchase with a 50% deposit, rent-to-own over 12/24/36/48 months with deferred ownership transfer, and monthly rental with a 12-month initial term that auto-renews. Customer segments include individual homeowners with garages, landlords, tenants, and body corporates/property managers (with body-corporate compliance positioning cited as a key selling point). A secondary line supplies standard and custom wooden pallets — including ISPM15-certified export pallets — to the Western Cape fruit industry across the Overberg, Winelands, Breede River Valley, and Cape Metropole.

The go-to-market is a high-touch direct-to-consumer model: a website with downloadable brochure, WhatsApp chat, phone and email contact, and a free home measurement service feeding obligation-free quotes. No external funding, no public listing, no parent company, and no management team are disclosed; the company appears independently owned and operated from a single Villiersdorp site.

Name

Spaceplus

Legal name

Spaceplus (PTY) Ltd

Website

https://spaceplus.co.za

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Spaceplus (PTY) Ltd, a privately held South African manufacturer founded in 2012, designs and installs patented over-bonnet garage storage units (Single and Double) for homeowners, landlords, and body corporates in the Western Cape, and supplies wooden pallets to the regional fruit industry.

Ownership category

akta.pro rank

Product category

Garage Storage Solutions

NAICS

Lessors of Miniwarehouses and Self-Storage Units (531130)

SIC

Partitions, Shelvg, Lockers, & Office & Store Fixtures (2540)

akta.pro primary industry

Garage, Basement & Utility Storage Retail (Workbenches, Cabinets, Heavy-Duty Storage) (CRAIAJAH)

akta.pro secondary industry

Standard/Non-Climate Self-Storage (HSAKAGAB)

Keywords

• Garage storage solutions
• Over-bonnet storage units
• Industrial wooden pallets
• Garage organization products
• Storage rental services

Headquarters

HQ city

Cape Town

HQ country

South Africa

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Unit Purchase (One-Time): Customers can purchase Space+ units outright with a single payment. A 50% deposit secures the unit and the balance is due upon installation. The unit remains property of Space+ until fully paid.
2. Rent-to-Own (Deferred Ownership): Customers pay the unit price plus interest over an agreed period of 12, 24, 36, or 48 months in equal monthly installments. Ownership transfers only when all payments are complete. Monthly payments are made in advance.
3. Monthly Rental: Customers rent units for a 12-month initial period with monthly payments in advance. Ownership remains with Space+. Units are used but clean and serviceable when installed. Auto-renews monthly after initial period.
4. Pallet Sales and Distribution: Spaceplus supplies the fruit industry with local and export pallets, including standard blue, white, black, and green block pallets as well as custom-made pallets. Export pallets are heat treated with ISPM15 certification.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Spaceplus designs, manufactures, and sells over-bonnet garage storage units (Space+ Single and Double Units) made from 100% recyclable galvanized and powder-coated steel, providing 2.5–5.0 cubic metres of secure storage above parked vehicles in standard parking bays. The company also manufactures and distributes standard and custom wooden pallets, including ISPM15 heat-treated export pallets, to the Western Cape fruit industry. Customers can buy, rent-to-own, or rent the storage units on flexible payment plans.

Product overview

Spaceplus offers a portfolio of physical storage products rather than a unified software platform. The core offering consists of Space+ Single and Double Unit over-bonnet storage systems designed for residential and commercial parking bays, providing additional storage capacity above parked vehicles. These units are available for purchase, rent-to-own, or rental with flexible payment options. Additionally, Spaceplus operates a separate industrial pallets business supplying standard and custom wooden pallets to the South African fruit industry, including export-grade heat-treated pallets with ISPM15 certification.

Differentiator

Problem solved

Functional benefit

Products and services

• Space+ Single Unit Over-bonnet garage storage unit providing 2.5 cubic metres of additional storage above a parked vehicle in a standard parking bay. Features a 3-point locking system, gas-strut wide-opening doors, adjustable height legs, and weather/corrosion-proof powder-coated galvanized steel construction. Sold to homeowners, landlords, tenants, and body corporates via purchase, rent-to-own, or monthly rental.
• Space+ Double Unit Larger over-bonnet garage storage solution combining two individual units to provide 5.0 cubic metres of storage capacity, measuring 2.50m wide by 2.10m high, with an additional double-door configuration for easier ground-level access. Sold to homeowners, landlords, tenants, and body corporates via purchase, rent-to-own, or monthly rental.
• Space+ Pallets

Named customers3 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Fleximounts: Fleximounts manufactures overhead garage storage racks and shelving systems for residential use, directly comparable to Spaceplus's product category and target customer of homeowners seeking to maximize garage utility.
• SafeRacks: SafeRacks provides overhead garage storage racks and shelving systems, directly comparable to Spaceplus's over-bonnet storage units in form factor, residential use case, and consumer target customer.
• Flow Wall: Flow Wall provides modular wall-mounted and freestanding garage storage systems with similar B2C consumer positioning to Spaceplus, addressing the same organizational pain points in residential garages through a different form factor.
• MonsterRAX: MonsterRAX offers ceiling-mounted overhead garage storage racks for household items, addressing the same wasted vertical garage space pain point as Spaceplus's over-bonnet units.
• StoreWALL: StoreWALL provides modular garage wall storage systems made from heavy-duty components. Comparable to Spaceplus in targeting residential garage organization, though using wall-mounted rather than over-bonnet/overhead configurations.
• Monkey Bars Storage: Monkey Bars Storage offers overhead and wall-mounted garage storage systems for residential use, directly comparable to Spaceplus's over-bonnet garage storage form factor and target customer.
• Hyloft: Hyloft specializes in overhead garage storage systems designed to mount from ceiling joists. The closest conceptual analog to Spaceplus's over-bonnet vertical storage concept, addressing the same wasted-vertical-space pain point with a similar DIY/consumer positioning in the North American market.

Broad incumbents

• CHEP: CHEP is a global leader in pallet pooling and supply chain solutions. Comparable to Spaceplus's pallet business as a pallet supplier to the agricultural/fruit industry, though CHEP operates at vastly larger scale through pallet rental pooling rather than outright sales.
• NewAge Products: NewAge Products is a broader garage storage and organization solutions provider offering cabinets, wall systems, slatwall, and overhead storage. Comparable to Spaceplus as a garage organization category player but operating at significantly larger scale with a wider product range and broader distribution.
• Gladiator (by Whirlpool): Gladiator is Whirlpool's garage organization brand offering modular cabinets, workbenches, wall systems, and overhead storage. A broad incumbent in the same product category as Spaceplus with major retail distribution and brand recognition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/spaceplus.co.za
• LinkedInlinkedin.com/company/spaceplus-smart-storage-solutions

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spaceplus