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StowNest - About the company

StowNest is a seed company based in Bengaluru (India), founded in 2018 by Srinivasa Murthy, Amieth Kumar . and Ramesh Chincholi. It operates as a Provider of valet self-storage and moving services. StowNest has raised $152K in funding from Y Combinator, with a current valuation of $*****. The company has 10 active competitors, including 3 that are funded. Its top competitors include companies like Store My Goods, Safe Storage and Xtended Space.

Company Details

Provider of valet self-storage and moving services. This company offers a full-service solution for personal and business storage needs, including pickup, secure storage, and delivery of belongings. They provide short-term and long-term storage options, along with packing and moving assistance. The service includes a digital catalog of stored items and various security measures to ensure the safety of customer belongings. Flexible payment plans are available to accommodate varying storage needs.
Social
XFacebook
Email ID
*****@stownest.com
Phone Number
+91 **********
Registered Address
NO 31, 1st Main Road, A sector Yalahanka, satellite Town, Bangalore, Bangalore, Karnataka, India, 560064
Key Metrics
Founded Year
2018
Location
Bengaluru, India
Stage
Seed
Total Funding
$152K in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 15, 2022
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
48 as on Aug 31, 2025
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StowNest's funding and investors

StowNest has raised a total funding of $152K over 3 rounds. Its first funding round was on Apr 16, 2020. Its latest funding round was a Seed round on Sep 01, 2021 for $*****. 1 investor participated in its latest round. StowNest has 2 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of StowNest:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 01, 2021
8977581
Seed
5209619
3810860
4232800
6145535
Oct 08, 2020
2362976
Angel
5491196
8697054
2375643
7686038
Apr 16, 2020
8451737
Angel
9261952
7067628
5974356
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StowNest's founders and board of directors

Founder? Claim Profile
The founders of StowNest are Srinivasa Murthy, Amieth Kumar . and Ramesh Chincholi.
Here are the details of StowNest's key team members:

StowNest's Board of Directors

StowNest's board has 4 active members. Srinivasa Murthy, Amieth Kumar ., Ramesh Chincholi and Sudhindra Subbarao are part of team.
Here is the list of StowNest's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 5m
Team
-
Current
7y 5m
Team
-
Current
7y 5m
Team
-
Current
7y 5m

StowNest's employee count trend

StowNest has 48 employees as of Aug 25. The total employee count is 17.0% more than what it was in Aug 24. Here is StowNest's employee count trend over the years:
Employee count trend for StowNest
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StowNest's Competitors and alternates

Top competitors of StowNest include Store My Goods, Safe Storage and Xtended Space. Here is the list of Top 10 competitors of StowNest, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Store My Goods
Store My Goods
2020, Noida (India), Seed
Provider of on-demand storage solutions including pickup, packaging, and delivery
$1.65M
50/100
2nd
Logo for StowNest
StowNest
2018, Bengaluru (India), Seed
Provider of valet self-storage and moving services
$152K
44/100
3rd
Logo for Safe Storage
Safe Storage
2015, Bengaluru (India), Unfunded
Self storage and warehousing service provider
-
-
40/100
4th
Logo for Xtended Space
Xtended Space
2022, Noida (India), Seed
Provider of peer to peer storage and professional relocation services
-
32/100
5th
Logo for Your Space
Your Space
2016, Mumbai (India), Unfunded
Secure self storage and warehousing solutions provider
-
-
32/100
6th
Logo for Space Valet
Space Valet
2016, Mumbai (India), Unfunded
Online portal for availing storage services
-
-
30/100
7th
Logo for Ownerji
Ownerji
2019, Noida (India), Unfunded
Provider of on demand marketplace connecting warehouse spaces
-
-
24/100
8th
Logo for Lugbee
Lugbee
2021, Bikaner (India), Unfunded
Provider of an app-based marketplace for storage services
-
-
21/100
9th
Logo for Storegister
Storegister
2020, Salem (India), Unfunded
Cloud based self storage management software
-
-
19/100
10th
Logo for StoreKaro
StoreKaro
2014, Pune (India), Unfunded
Physical goods storage service
-
-
18/100
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StowNest's Latest cap tables and shareholding

Founders (largest shareholder) own 94.20%, Angels own 2.82%, Other People own 1.88% and Other Investors own 1.08%. The net worth of StowNest's founders is INR 10Cr as of Feb 15, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
94.20%
10Cr
5676256
8663163
3301795
2442838
4882960
2046504
3775049
7735862
7373625
5056992
1807302
8188277
2885219
9384579
8893813
8272694
6619985
9413230
6629776
4744911
4814738
7792312
Angel
2.82%
30L
51
81
14
44
0
0
0
0
0
0
0
0
0
0
0
0
Other People
1.88%
20L
3
7
2
5
Other Investors
1.08%
11.4L
3
5
6
8
Total
99.98%
10.6Cr
3199834
7535437
4579716
7684924
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of StowNest's Shareholding

StowNest's Investments and acquisitions

StowNest has made no investments or acquisitions yet.

Reports related to StowNest

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