OpenUnit Brings Technological Integration into the Storage Market
Daniel Johnson — August 24, 2020 — Business
References: openunit & techcrunch
OpenUnit is a self-storage startup located in Toronto, which is looking to disrupt the industry by integrating its services with technology. The self-storage startup intends to provide a streamlined all-in-one storage solution with modern technology to book storage facilities. OpenUnit will sell its services to existing storage facilities, and in exchange, the startup will handle credit card payments, and receiving 2.9% of each payment.
Management tools will help storage facilities operate with an abundance of new features like unit inventory management, expense tracking, digital leasing, CRM management, group chats, while-labeled reservation site, and more.
OpenUnit had held private testing for a number of weeks, and following this, the company is now beginning to work with storage facilities.
Image Credit: OpenUnit
Management tools will help storage facilities operate with an abundance of new features like unit inventory management, expense tracking, digital leasing, CRM management, group chats, while-labeled reservation site, and more.
OpenUnit had held private testing for a number of weeks, and following this, the company is now beginning to work with storage facilities.
Image Credit: OpenUnit
Trend Themes
1. Streamlined Self-storage - An opportunity for startups to explore technology-integrated self-storage solutions to create a more seamless customer experience.
2. Management Tech for Storage Facilities - Creation and innovation of management tools for self-storage facilities is an emerging trend that offers untapped technological potential.
3. Payment Management Services - Technology-based payment management services can act as a disrupting force in the self-storage industry and present new opportunities for startups.
Industry Implications
1. Self-storage Industry - The self-storage industry presents a growing market for startups to introduce innovative technological solutions to improve the overall experience for customers.
2. Financial Technology Industry - The financial technology industry can harness the payment management aspect of storage startups to find ways to provide a more streamlined and efficient payment system for all types of industries.
3. Real Estate Industry - The real estate industry can benefit from self-storage startups that provide management tools to optimize storage facility performance and improve overall operations.
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