The round was led by Sapphire Sport and included other new investors such as Thayer Ventures, FJ Labs, 20VC Growth, and Shilling, as well as existing investors Andreessen Horowitz and General Catalyst. Bounce will use this fundraise to drive growth by expanding its storage services to travelers and locals everywhere.

Bounce's mission is to make life lighter for people everywhere so they don't have to plan their days around their stuff. Since launching in 2019, Bounce has built a network of 13,000+ luggage storage locations in 4,000+ cities across North America, Europe, Asia, and Oceania. Bounce partners with local businesses in 100 countries worldwide to help them diversify their revenue streams by offering convenient, short-term bag storage to travelers and locals via the Bounce platform. Bounce continues to expand into new verticals to create a world where accessing the things you need is always just a tap away.