Updated:
SpareFoot
SpareFoot is a US-based company founded in 2008 in Austin, Texas. It operates an online marketplace for self-storage unit reservations. The company has secured...
SpareFoot
SpareFoot is a US-based company founded in 2008 in Austin, Texas. It operates an online marketplace for self-storage unit reservations. The company has secured $49.35 million in total funding.
General information
Firm type
other
Location
Region
North America
Country
United States
City
Austin
Corporate office
Austin, TX, United States
Frequently asked questions
What business model does SpareFoot operate?
SpareFoot operates as a digital marketplace, not a storage owner. It earns revenue from lead generation and booking commissions by connecting consumers with storage facilities. The company does not invest in or manage self-storage real estate directly (public record).
Who founded SpareFoot?
SpareFoot was founded in 2008 by Chuck Gordon, Dan Latham, and Sam C Burgess in Austin, Texas (public record). Gordon served as CEO for many years.
Is SpareFoot still an independent company?
No. SpareFoot was acquired by StorageMart in April 2017 (per StorageMart announcement, 2017). It now operates as a subsidiary of StorageMart, one of the largest private self-storage operators in North America.
Does SpareFoot have any family-office or asset-management operations?
There is no evidence SpareFoot operates as a family office or asset manager. Its business is a technology-enabled marketplace for self-storage reservations (public record).
What geographic markets does SpareFoot cover?
SpareFoot primarily serves the United States. Its platform lists storage facilities nationwide, with no confirmed international expansion (per the firm's website).
How does SpareFoot generate revenue?
SpareFoot charges storage facilities on a per-lead or per-commission basis for reservations booked through its platform. It does not disclose financial metrics such as revenue or profit margins (Per the firm's business model description).
What is SpareFoot's relationship to StorageMart?
SpareFoot was acquired by StorageMart in 2017 and operates as its wholly owned subsidiary. StorageMart is a private self-storage operator, and the acquisition allowed StorageMart to expand its digital reservation capabilities (per StorageMart announcement, 2017).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on investors?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: