Cubby, a property management software provider for self-storage operators, has raised $63 million in a Series A funding round. The minority investment was led by Growth Equity at Goldman Sachs Alternatives, with participation from existing investors.
The company offers an integrated platform that combines facility management, revenue management, call handling, and e-commerce tools. With this funding, Cubby plans to expand its product suite and scale its operations across North America.
According to the company, the fresh capital will support hiring, product development, and customer success initiatives. Cubby also aims to strengthen its AI-driven software capabilities to help operators improve efficiency and profitability.
The self-storage sector has increasingly shifted away from legacy systems. As a result, operators are adopting platforms that offer flexible workflows, better data visibility, and automation. Cubby positions itself within this transition by providing an all-in-one system designed for modern storage businesses.
“Cubby is transforming how self-storage operators run their businesses by replacing legacy systems with a modern, intuitive, and highly scalable platform,” said Kelly Wallace, Investor at Growth Equity at Goldman Sachs Alternatives who will be joining Cubby’s Board of Directors. “The team’s deeply customer-centric approach, combined with AI-enabled workflows, allow operators to manage their portfolios more seamlessly and make better, data-driven decisions. We view Cubby as an emerging leader in the self-storage market and believe the company is building the foundational system of record for the next generation of the industry.”
Founded to support independent and mid-sized storage operators, Cubby focuses on simplifying day-to-day operations while improving renter experiences. The platform currently serves more than 400 operators, managing over 450,000 storage units across North America.
"We founded Cubby to help self-storage operators, many of them entrepreneurs, grow exceptional businesses. From day one we’ve focused on giving our clients the ability to drive revenue and delight their renters," said Matt Engfer, CEO and co-Founder of Cubby. "This investment enables us to fast-track the talent, products, and service self-storage operators deserve."
Industry participants have also highlighted the platform’s operational impact.
"The self-storage industry has been waiting for a platform like Cubby. You can't innovate without a stable, performant foundation—and Cubby has unlocked exactly that. What used to be buzzwords are now delivering measurable yield and real business impact for my team. With their software, AI capabilities, and integrity, Cubby is transforming self-storage from a technology laggard into an industry that can serve as an example of what's possible."
— Adam Mikkelson, Liberty Investment Properties
Cubby’s platform includes facility management, online checkout, revenue optimization, call handling, and voice-based AI tools. The company is also investing in autonomous AI agents designed to execute routine operational tasks on behalf of operators.
Its Voice AI product, offered as a paid add-on, manages customer inquiries, rentals, pricing adjustments, and move-ins. This approach aims to reduce manual workload while allowing operators to focus on growth and strategy.
—----------------------
Raising capital? Explore 3,000+ PropTech and ConTech VCs in one place →https://www.proptechbuzz.com/vc
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.