SPAKIO Secures $2 Million Investment to Expand Its Innovative Storage Solutions Across Mexico
Huixquilucan, Mexico - July 7, 2023 / SPAKIO /
Mexico City, July 5, 2023
SPAKIO, the brainchild of Luis Orestano (Co-Founder and CEO), is transforming the storage industry in Mexico with its innovative and intelligent storage solutions. Born out of a need for efficient storage in a 30m2 apartment while studying for his MBA at Harvard, SPAKIO now offers a personalized storage service that is both cost-effective and convenient.
Unlike traditional storage facilities, SPAKIO charges only for the space used, freeing customers from the burden of logistics. SPAKIO's team visits the client's home or offices, collects, measures, and photographs everything the client wishes to store, creating a digital inventory.
This allows clients to maintain perfect control over their belongings, with SPAKIO delivering the items back when needed.
SPAKIO's business model stands out for its innovation and scalability, allowing the company to serve entire cities from a few locations. The company leverages technology to offer efficient logistic solutions.
Unlike traditional storage facilities located in central areas, SPAKIO's warehouses are strategically located on the outskirts of the city. This not only results in more economical prices but also allows for efficient space utilization. By optimizing the use of space, SPAKIO can charge customers only for the space they use, making it a more cost-effective solution. This unique approach to storage solutions sets SPAKIO apart from traditional models and underscores its commitment to customer convenience and affordability.
Recently, SPAKIO secured a $2 million investment from a diverse range of sources, including the investment fund Variv, as well as Liverpool Ventures, the venture capital fund of Liverpool. In addition, angel investors such as Cracks Fund by Oso Trava, Xochi Ventures, CISA Ventures, Javier Martnez Morodo, Pablo Ricaud, Fernando Saiz, Patrick Menndez (currently at FEMSA Ventures), Santiago Padilla, Francisco Garca (currently at Bridge) and Jose Olivar also participated.
This significant financial milestone is a testament to the confidence investors have in SPAKIO's innovative business model and its potential to revolutionize the storage industry. The investment will primarily be used to develop SPAKIO's technological platform, expand the team, invest in marketing, and automate and enhance the robustness of SPAKIO's warehouses.
SPAKIO's service is becoming increasingly relevant due to current trends. With Mexican cities growing vertically and the rise of digital nomads, the need for efficient and flexible storage solutions is on the rise. SPAKIO aims to save people 40% in money and up to 70% in time compared to the traditional model.
Moreover, SPAKIO is addressing an unsatisfied demand in the market. The self-storage market in Mexico was expected to grow from 15 to 20% in 2019, translating to an increase of 75,000 to 100,000 square meters. Despite this growth, the current supply only meets 10% of the potential demand, with major cities like Mexico City having the capacity to host 500 storage facilities for its 20 million inhabitants.
SPAKIO is poised to fill this gap with its innovative and efficient storage solutions, providing a much-needed service in a market ripe for disruption.
SPAKIO is an innovative and intelligent storage solution co-founded by Luis Orestano, Santiago Gonzlez Baqu, and Marcos Surez in 2021. While the initial idea was Luis's, it was the collective effort, passion, and dedication of the team that brought SPAKIO to life, improved upon its foundations, and executed its vision. The company was born out of a need for efficient storage solutions and has since grown to offer personalized storage services that are both cost-effective and convenient.
United by a shared vision, the SPAKIO team is committed to revolutionizing the storage industry with its innovative business model and use of technology, demonstrating that great things are achieved not just by individual brilliance, but by teamwork and shared passion.
Visit their website at https://spakio.com/ or give them a call to learn more about their innovative storage solutions and how they can help you save time and money.
Contact Information:
SPAKIO
Av. de los Bosques 1506 int 704 Lomas de Tecamachalco
Huixquilucan, Mexico 52780
Mexico
Santiago Gonzalez Baque
+52 55 2942 3670
https://www.spakio.com
COMTEX_436528949/2827/2023-07-07T07:10:51