StoreMe

StoreMe's mission is to be the leader in hourly or daily storage by connecting people who want to store their luggage and bags with retail stores that are willing to provide safe and secure storage. Our goal is to help Customers enjoy their visit to a city and enhance the daily lives of locals. We also want to boost economic activity and vibrancy of local businesses with more foot traffic. Today, people on the go (Customers) are weighed down by their luggage and bags inhibiting their city experience. The problem is Customers in many cities must rely on walking, bikes and public transportation to navigate. There are few places for visitors and residents to drop off their belongings to make their day more manageable. Hence, there is a compelling opportunity in cities for hourly or daily storage in convenient and verified retail stores (Hosts) to hold people’s luggage and bags. Customers win because they benefit from an improved city experience. Businesses win as they monetize unused storage space and also gain increased revenue from additional foot traffic. The solution is a mobile application that provides on-demand hourly or daily storage of Customers' luggage and bags in many retail stores in a city. Similar to on-demand apps, Customers search for a nearby location and simply drop off their luggage and bags. They can reserve space at a StoreMe location, knowing that it will be available when they need it. The business ecosystem includes three components -- Customers, retail stores (Hosts) and delivery. This community provides Customers with a convenient network of retail stores to facilitate storage and delivery across the city and elsewhere.

$1,000+ - StoreMe swag (excludes international shipping costs)
$5,000+ - All of the above, plus free storage for 1 year
$10,000+ - All of the above, plus dinner with CEO in New York City
$50,000+ - All of the above, plus participation in regular scheduled quarterly call with StoreMe management
$100,000+ - All of the above, plus paid airfare (domestic and international) and hotel in New York City and a one-time dinner with management. Also includes invitation to annual dinner with the StoreMe management

Launched in March 2018 with an iOS app in New York City and on Android in late June
125+ retail stores across Boston, New York, Philadelphia and Washington DC
Grown to 3,500 users at a rate of approximately 35% month-over-month since March 1, 2018; 1,274 active users in June and 1,600+ stored small and large items
Conversion Rate (transactions/user signups) - 27% (March 2018 - June 2018)
Average transaction of $20.00 (rates start at $2 / hour)

• 58% Operating and expenses
• 30% Marketing
• 12% Technology

Peter Korbel
CEO
Serial entrepreneur Peter Korbel drives the company's strategy, setting in motion for StoreMe to become the leading on-demand storage solution. Prior to StoreMe, Co-Founded Blender Workspace, a co-working space in New York City as well as a food truck operation in his earlier years based in Washington DC. Peter holds a BA from Columbia University and an MBA from George Washington University.

Jesse Tayler
Part-Time CTO
Jesse Tayler is a lifelong entrepreneur and software inventor. As a child, Jesse started first by learning assembly language and soldering computer chips. Using his mother's tenure at MIT, Jesse gained access to computer labs where he parlayed user accounts for one another to gain greater service levels. Fast forward, over the past 25 year, he has launched enterprise and consumer software used by millions and has been a founder and technical executive of venture funded startups in Seattle, San Francisco/Silicon Valley and New York City. He has already demonstrated his value in taking over StoreMe’s product development and ensuring that the right processes are in places for managing predictable and quality development. He studied Computer Software Engineering at MIT. 

• Security Type: Crowd Note
• Conversion discount: 20.0%
• Valuation Cap: US $3,500,000
• Interest rate: 6.0%
• Note term: 24 months
• Minimum investment: US $1,000
• Target Minimum: US $350,000
• Maximum Raise Amount: US $1,200,000