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New York startup Vertoe raises $1.85 million to grow its on-demand short-term storage for travelers

Vertoe, the on-demand short-term storage startup, has raised $1.85 million in seed funding to use to expand its service into new markets. The latest round was led by Ingwe Capital, with participation from ff Venture Capital, Techstars (Vertoe is a NYC Winter 2018 Program graduate), and several angel investors.

The New York City-based Vertoe was founded in late 2016 as a weekend experiment after the founders, Sid Khattri and Neha Kesarwani, experienced their own short-term storage problem. “A couple of years ago, Neha and I were on a multi-city West Coast trip, with LA being our final stop,” says Khattri, CEO at Vertoe. “After checking out of our Airbnb, what was supposed to be a super exciting day where we were going to explore LA turned into a complete nightmare when we got stuck lugging around three suitcases for six hours.” A former Google employee, Khattri figured technology could play a part in solving this problem. “Our goal with Vertoe is to provide instant access to affordable storage within five minutes of wherever you are,” says Khattri.

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