The modern alternative to storage and moving

Security Type
Crowd SAFE
Min Investment
Elk Grove Village, IL
Offering Date
October 21, 2020
Expected Close Date
March 19, 2021
Target Raise
Deal Notes

Discount: 20%

Company Description

Vision A new space, a national leaderAt Doorage, we're more than just storage and moving. From our current offerings for on demand storage, DIY moving bin rentals, and cross country relocation; to future options like the ability to sell or dispose of items in storage and on demand delivery, we are creating a new space in Consumer Logistics. We are leading the charge to change how clients store and move. We help clients make time in their busy lives for the things that matter most by taking the work and stress out of storage and moving.  Future innovations and offerings currently in development move Doorage to the forefront of the Consumer Logistics space as we grow to become the national leader for easy and affordable storage solutions, moving, and delivery. As part of this goal we intend to launch in 20+ new markets by 2023. In addition, as we grow we will continue to donate 1% of all gross sales to breast cancer research and 1% to after school programs.

Key Deal Facts

A valet storage provider with a nationwide service area
3 established markets with 1200+ customers served
$550K+ in sales 2018-2019, with projected revenue of $1.1M in 2020
98% growth in 2019 and 101% growth YTD 2020
Billing based on storage volume and set pickup and delivery fees
Triple entry point into $39B+ self storage market and $86B+ moving industry
Mission-focused company, donating 2% to breast cancer research & education

Management Team / Advisory Board Bios

Sean Sandona
Founder & Chief Executive Officer
Former CEO North Village Group

Deal Notes

Discount: 20%

Amount Raised : $54,227
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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