Founder Brett Akker Address London, UK | Type Startup Managing Director Steve Folwell Phone +44 333 111 0777 | |
Hours Closed now Thursday9AM–6PMFriday9AM–6PMSaturday9AM–6PMSundayClosedMonday9AM–6PMTuesday9AM–6PMWednesday9AM–6PM Similar Big Yellow Self Storage K, Henfield Storage, Storagec, Pick n Store, Fort Box Self Storage S Profiles | ||
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LOVESPACE is a start-up that offers storage and redelivery services in the United Kingdom. The company also provides operational and logistical support to small businesses by transporting equipment, storing archival documents and storing surplus stock.
Contents
Lovespace crowdcube crowdfunded business of the year 2014
History
LOVESPACE was established in 2011 by Brett Akker and Carl August Ameln. Brett Akker had previously founded the carsharing company Streetcar. Carl August Ameln was the founder of City Self-Storage, a multi-national chain of self-storage centres. Ameln had previously been an investor in Streetcar.
In 2013 LOVESPACE hired Steve Folwell as managing director. He was previously the director of business development and group director of strategy at the Guardian Media Group. With a focus on students, house movers and space-constrained and small businesses, the company rebranded and relaunched later that year. In 2015 LOVESPACE moved to a new warehouse in order to accommodate growth.
Investment
Smedvig Capital and First Risk Capital were initial investors. Both companies have had experience in the storage industry. As a result, along with Ameln, Lasse Hoydal and Arnaud Ripert, Smedvig’s CEO John Hewett joined the LOVESPACE Board of Directors. A 2014 fundraising campaign on the crowdfunding platform CrowdCube raised £1.55m, surpassing its £600k target to be overfunded by 167%.
In 2015, the company raised £1.1m in a round which was led by commercial property provider Workspace Group bringing the total funding to £4m.