Startup profile for Bounce: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Bounce funding, valuation and investors

Global luggage storage marketplace for travelers.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series B

$19M · November 2024

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$31M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

series b · San Francisco, California

Investors in latest funding

Lead: Sapphire Sport

Other: Andreessen Horowitz , General Catalyst

Sources: latest funding Last verified: 2026-07-25

Overview

Bounce operates a global luggage-storage marketplace, partnering with local shops and hotels so travelers can drop bags for hours or days via a mobile app. General Catalyst led the seed; Andreessen Horowitz led a $12M Series A in April 2022, and Sapphire Sport led a $19M Series B in November 2024 with a16z and GC participating. The company reported 20x revenue growth post-pandemic.

Why Bounce is interesting

Aggregates underused retail space for short-term storage — survived pandemic travel collapse and scaled 20x revenue into Sapphire-led $19M Series B.

Product & use cases

Mobile app booking short-term luggage storage at partner shops, hotels, and lockers in cities worldwide — pay per bag per day.

  • Pre-check-in luggage drop near hotels and transit hubs
  • Day-trip storage while exploring cities
  • Post-checkout bag holding before flights

Key facts

  • Series A (Apr 2022): $12M led by a16z; General Catalyst led prior seed (TechCrunch)
  • Series B (Nov 2024): $19M led by Sapphire Sport (TechCrunch)
  • 20x revenue growth post-pandemic per a16z announcement

Funding history (newest first)

Series B

2024-11 $19M

Source: https://techcrunch.com/2024/11/14/bounce-luggage-storage-series-b/

Series A

2022-04 $12M

Source: https://a16z.com/announcement/investing-in-bounce/

Investors in our directory

Funds linked from Bounce's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz General Catalyst

Competitive landscape

Edge: Network density in tourist cities plus lightweight marketplace model — partners provide space without Bounce owning real estate.

Luggage storage is a travel utility with low switching costs — winner takes city-level density. Bounce survived 2020 travel collapse and scaled internationally, but competition and seasonality remain structural challenges.

  • Stasher direct

    European luggage storage marketplace with similar shop-partner model.

  • LuggageHero direct

    Competing global storage network in overlapping cities.

  • Airport locker services incumbent

    Fixed-location lockers; Bounce offers broader city coverage.

Notable stories

  • Bounce survived the 2020 travel collapse when luggage storage demand vanished overnight.
  • a16z's 2022 investment thesis centered on aggregating underused retail square footage into travel infrastructure.
  • Sapphire Sport's 2024 Series B lead validated post-pandemic travel recovery scaling.

Industries

Marketplaces Consumer

Related funding articles

Venture Capital Tracker pieces that cover Bounce's financing or category context.

FAQs about Bounce

Practical answers founders, operators, and investors typically search for.

Bounce lets travelers store luggage at partner locations (shops, hotels, lockers) booked through its app — short-term storage in cities worldwide.
General Catalyst (/fund/general-catalyst) led the seed; Andreessen Horowitz (/fund/andreessen-horowitz) led the $12M Series A in 2022. Sapphire Sport led the $19M Series B in 2024.
Series B ($19M, November 2024). The company reported 20x revenue growth post-pandemic and remains private.
Both are shop-partner luggage storage marketplaces; Bounce has broader U.S. and global city coverage.
It aggregates underused retail square footage into a travel utility network that survived the 2020 travel collapse.
Commission on storage bookings between travelers and partner locations.
Multiple cities globally including major U.S. and European tourist destinations.
No — Bounce remains private.
At least $31M across Series A ($12M) and Series B ($19M), plus seed from General Catalyst.
Bounce has not publicly disclosed profitability; reported 20x revenue growth post-pandemic.
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