Tech Company Financing Transactions

The Storage Place Funding Round

The Storage Place, based in Gateshead, secured $497.4 thousand from Maven Capital, North East Development Capital Fund and Finance Durham Fund.

Transaction Overview

Company Name
Announced On
4/18/2023
Transaction Type
Venture Equity
Amount
$497,400
Round
Undisclosed
Proceeds Purpose
The company will use the funds to open a new facility creating 40 new jobs in County Durham.

Company Information

Company Status
Private & Independent
Industry
Storage
Mailing Address
Brewery Lane
Gateshead, NE10 0EY
UK
Email Address
Overview
The Storage Place (TSP) was founded over 20 years ago as a storage company. As ecommerce and Amazon began to become major shopping destinations, we saw an opportunity and gap in the market for a reliable, cost-effective order fulfilment service provider. After years of research, we brought together the best systems, the best people and technologies to better support ecommerce in the UK. Today we have warehouses across the globe, over 500,000 square feet of UK fulfilment space, are certified Carbon Neutral and have outstanding service levels.
Profile
The Storage Place LinkedIn Company Profile
Social Media
The Storage Place Company Twitter Account
Company News
The Storage Place News
Facebook
The Storage Place on Facebook
YouTube
The Storage Place on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Meredith
  Michael Meredith LinkedIn Profile  Michael Meredith Twitter Account  Michael Meredith News  Michael Meredith on Facebook


 

 

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