Costockage

Company Overview

Snapshot

Founded in June 2012 by Mickael Nadjar, Adam Levy-Zauberman, and Benjamin Emsallem, Costockage operates with 11–50 employees. The company raised a total of $1.61M across 2 funding rounds from 5 investors. In January 2024, Costockage was acquired by Ardian.

Business overview

Costockage provides a platform that connects individuals seeking storage solutions with neighbors who have extra space to rent. The company's core technology facilitates peer-to-peer storage, offering a more affordable alternative to traditional self-storage. It serves individuals looking to store belongings and those looking to monetize unused space, operating within the retail platforms sector.

Strategic signal

In January 2024, Costockage was acquired by Ardian, a private investment firm. This acquisition signals a strategic move by Ardian into the French self-storage market, leveraging Costockage's established platform. For investors, this demonstrates the increasing institutional interest in the sharing economy and alternative real estate models, validating Costockage's market position and business model.

Company Intelligence Q&A

When was Costockage founded?

Costockage was founded in June 2012 by Mickael Nadjar, Adam Levy-Zauberman, and Benjamin Emsallem.

What is Costockage's primary business?

Costockage operates a local storage marketplace, connecting individuals with extra space to rent out with those needing storage solutions, offering a peer-to-peer alternative to traditional self-storage.

What was a significant corporate milestone for Costockage in early 2024?

In January 2024, Costockage was acquired by the private investment firm Ardian, marking Ardian's entry into the French self-storage market.

Which investors participated in Costockage's September 2016 funding round?

In September 2016, Costockage received funding from investors including Xavier Niel.

What is the total capital raised by Costockage?

Costockage has raised a total of $1.61M across 2 funding rounds.