Nannybag is a technology company.
Nannybag has raised $2.0M across 1 funding round.
Nannybag has raised $2.0M in total across 1 funding round.
Nannybag has raised $2.0M in total across 1 funding round.
Nannybag's investors include Angel Invest, Archimedes Accelerator LLC, Atomico, Audrey Capital, Expon Capital, GPO Fund, Jump Capital, Lemnos Labs, LocalGlobe, Octopus Ventures, RRE Ventures, Seraphim Space.
Nannybag is a portfolio company that operates a collaborative luggage storage network, enabling travelers to securely store bags at partner hotels, shops, and restaurants in over 250 cities worldwide[1][2][3]. It serves tourists, locals, and property managers by solving the common pain point of carrying luggage during layovers, check-outs, or city explorations, with each bag insured up to €1500 in Europe or $1800 in the US via AXA and secured with single-use tags[1][3][4]. The platform generates revenue through B2C commissions on transactions and B2B recurring fees from partners monetizing unused space, boasting early traction with over 150K customers and rapid network growth from 202 "nannies" in 2017 to 2500 by 2019[2][3].
Nannybag was founded in 2015 in Paris, France, by CEO & Co-Founder Matthieu Ballester and CTO & Co-Founder Samir Senouci[1][2]. Ballester, a 25-year-old graduate of a leading French and Chinese business school with brief corporate experience, conceived the idea during a New York trip hampered by excess luggage from an Airbnb stay, realizing travelers needed a network of local "nannies" for storage[2][3]. Paired with Senouci from prior ventures, they launched the platform, securing first funding in 2017 and a second round in 2019, while expanding from initial partners to a global footprint in 25 countries[2][3].
Nannybag rides the gig economy and sharing economy wave in travel tech, transforming underutilized spaces in hospitality into revenue streams amid booming tourism recovery post-pandemic[2][3]. Its timing aligns with urban travel surges, remote work nomadism, and app-based services disrupting traditional lockers, as travelers prioritize hands-free exploration in dense cities[1][2]. Market forces like rising short-term rentals (e.g., Airbnb) and partnerships with property managers amplify its ecosystem role, enabling hosts to boost guest satisfaction while scaling via platform tech that connects stakeholders efficiently[3][4].
Nannybag's momentum positions it for further global dominance in on-demand travel logistics, potentially expanding to 500+ cities in Europe, North America, and Asia through targeted branding and integrations[2][3]. Trends like AI-enhanced matching for nannies, sustainable travel, and embedded services in booking apps will shape its path, evolving its influence from storage pioneer to full travel enabler. As the go-to for luggage freedom, it exemplifies how tech humanizes travel hassles, much like Ballester's NYC epiphany unlocked a worldwide network.
Nannybag has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in January 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2020 | $2.0M Seed | Angel Invest, Archimedes Accelerator LLC, Atomico, Audrey Capital, Expon Capital, GPO Fund, Jump Capital, Lemnos Labs, LocalGlobe, Octopus Ventures, RRE Ventures, Seraphim Space, True Ventures, Zinc, Bryan Meehan, Key Compton, Paul Sims |