Stora Software

Overview

Stora Software is a prominent UK-based company providing management solutions tailored for the self-storage industry. Founded in 2020 by Gavin Shields, among others, the company is headquartered in Banbridge, Northern Ireland. Stora has developed innovative software solutions to streamline operations, automate administrative tasks, and enhance sales for self-storage facilities worldwide. Over the years, Stora has successfully raised substantial funds to support its growth and expansion, boasting a noteworthy presence across the UK and beyond.

Recent Developments

December 2024: Stora Software secured £1.3 million in funding led by the Investment Fund for Northern Ireland (IFNI), aiming to expand into new markets and optimize its offerings. With this investment, the company plans to accelerate growth and capture a larger share of the self-storage management market across Europe and the US.
May 2024: Stora announced new integrations with OpenTech Alliance’s INSOMNIAC CIA, a cloud-based access control system. This collaboration enables streamlined operations for self-storage operators by combining property management and access control on a single platform.
December 2023: Stora was named a finalist for the FEDESSA Innovation Award 2024, acknowledging the transformative impact of its Prospects & Deals Pipeline, a tool designed to streamline lead management processes for self-storage operators.
October 2023: The company launched Stora Pay, an integrated payment-processing solution, allowing self-storage operators to dramatically reduce processing fees. This development highlights Stora’s commitment to continuously enhancing its product offerings.
May 2023: Stora integrated Calcumate, a SaaS unit-size calculator, into its platform. This integration provides users with tools to better estimate space needs and efficiently manage storage units, aligning with Stora’s strategy to boost conversions and improve customer experience.

Attribute	Information
Founding Date	2020
Headquarters	Banbridge, Northern Ireland, UK
Founders	Gavin Shields and other partners
Revenue	Not publicly disclosed
Profits	Not publicly disclosed
Key Investors	Investment Fund for Northern Ireland, Techstart Ventures, David Hamilton
Industry	Self-storage management software
Number of Employees	Approximately 22

Early History

Stora Software was conceived out of necessity when founders, including CEO Gavin Shields, could not find a self-storage software that adequately served their needs. Initially developed to enhance operations at Shields' storage facility, the software quickly demonstrated broader market potential. After the initial product creation in 2019, Stora officially launched operations in 2020. Early successes included the implementation of cutting-edge automation features, transforming mundane administrative tasks into efficient, tech-driven processes. These developments set the stage for Stora to grow its reputation as an innovative leader in self-storage solutions.

Company Profile and Achievements

Stora Software has carved out a niche in the self-storage sector by automating key operational processes such as online bookings, billing, and facility management. The company continually introduces new features to enhance user experience, such as:

Launch of Stora Pay: This payment solution reduces processing hassles and costs for operators.
Integration with OpenTech Alliance: Enhances automated facility access control.
Prospects & Deals Pipeline: Aims to revolutionize lead management for self-storage operators.
Customer-centric focus: Achieved through integrating Calcumate, enabling precise space estimation for users.

Moreover, Stora's platform supports global operations, emphasizing continuous innovation and user experience enhancement.

Current Operations and Market Position

Stora’s current operations leverage technology to streamline processes for self-storage facilities, allowing operators to focus on business growth rather than administrative tasks. The firm has positioned itself competitively within the self-storage management software industry by providing scalable, flexible, and user-friendly solutions utilized by nearly 20% of facilities in the UK. By integrating advanced payment solutions and participating in strategic partnerships, Stora offers a comprehensive, all-in-one platform that addresses the unique needs of its clients efficiently.

Conclusion

Stora Software remains a formidable presence in the self-storage management software sector, continually driving innovation and enhancing operational efficiencies for its clientele. By securing significant funding and expanding internationally, the company is well-positioned to capture new markets and solidify its standing within the industry. As it ventures into new geographies and evolves its product offerings, Stora appears poised for further growth and influence, promising an exciting trajectory ahead.