Fundraising FoxLocal Locker
Brooklyn, US · Founded 2018 · Delaware corporation · 3 known investors
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Local Locker operates neighborhood self-storage lockers in New York City apartment buildings, booked online with contactless access.
Founders & leadership
Local Locker was founded in 2018 by Alexander Hartman and Peter Smyth.
Board
Investors · 3
How we know: Peterson Ventures's portfolio page · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$15.8M disclosed across 6 rounds · 2018–2026
▶$600KraisedSep 2026 · 4 investors · Other Real EstateRule 506(b)
- Peter SmythExecutive Officer, Director, Promoter
- Alexander HartmanExecutive Officer, Director, Promoter
- Brandon TidwellDirector
- Offering amount
- $2.3M
- Amount sold
- $600K
- First sale
- Sep 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$3MraisedAug 2025 · 4 investors · Other Real EstateRule 506(b)
- Brandon TidwellDirector
- Alexander HartmanExecutive Officer, Director, Promoter
- Peter SmythExecutive Officer, Director, Promoter
- Offering amount
- $6M
- Amount sold
- $3M
- First sale
- Aug 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$6.7MraisedNov 2023 · 15 investors · Other Real EstateRule 506(b)
- Peter SmythExecutive Officer, Director, Promoter
- Alexander HartmanExecutive Officer, Director, Promoter
- Offering amount
- $6.7M
- Amount sold
- $6.7M
- Proceeds to insiders
- $250K
- First sale
- Oct 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1.7MraisedAug 2023 · 7 investors · Other Real EstateRule 506(b)
- Peter SmythExecutive Officer, Director, Promoter
- Alexander HartmanExecutive Officer, Director, Promoter
- Amount sold
- $1.7M
- First sale
- Feb 2022
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$3.4MraisedMay 2020 · 38 investors · Other Real EstateRule 506(b)
- Alexander HartmanExecutive Officer, Director, Promoter
- Peter SmythExecutive Officer, Director, Promoter
- Offering amount
- $3.4M
- Amount sold
- $3.4M
- First sale
- May 2020
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$390KraisedNov 2018 · 13 investors · Other Real EstateRule 506(b)
- ALEXANDER HARTMANExecutive Officer, Director
- PETER SMYTHExecutive Officer, Director
- Offering amount
- $800K
- Amount sold
- $390K
- Proceeds to insiders
- $100K
- First sale
- Nov 2018
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Local Locker is a New York City self-storage company that places small storage units inside buildings within residents' own neighborhoods, positioning the lockers as an extension of a customer's apartment or "walk-in closet." Customers enter an address on the company's site to find a nearby location, book a unit online, and receive a unique access code by email; they bring their own lock and move belongings in without meeting staff. Leases are offered month-to-month, and the company states there are no hidden fees.
The service is marketed across Brooklyn neighborhoods including Williamsburg, Greenpoint, Park Slope, Fort Greene, Brooklyn Heights and Flatbush, and Manhattan neighborhoods including the Upper East Side, Harlem, Hell's Kitchen, Upper West Side, East Village and Soho. Alongside the consumer offering, Local Locker markets to property owners as a way to convert unused building space into recurring revenue, and it collects sign-ups from prospective customers who want notice when a location opens in their neighborhood. A business-data profile lists the company under real estate with a Manhattan address and a headcount band of 1-10 employees.
Business model
Local Locker rents small self-storage units on month-to-month leases directly to city residents, with booking and access handled digitally. On the supply side, it works with property owners to convert unused space in their buildings into storage that generates recurring revenue, giving the company an inventory of neighborhood locations rather than large centralized warehouses.
Recurring rental fees from month-to-month storage leases sold directly to consumers online, with the company stating no hidden fees. A third-party business-information profile estimates annual revenue of about $684,440.
Traction
The company lists storage availability across roughly a dozen Brooklyn and Manhattan neighborhoods and displays five-star customer reviews on its site referencing ease of sign-up, digital access management and facility conditions. A third-party profile estimates annual revenue of approximately $684,440 and revenue per employee of about $86,000, with a headcount band of 1-10.
▸Full profile — market position, technology, go-to-market, geography
Market position
A small operator in the New York City self-storage market, categorized by a business-data provider under real estate with 1-10 employees, competing on neighborhood proximity and a digital, contactless rental experience rather than facility scale.
Positioning emphasizes proximity — storage next door in the customer's own neighborhood rather than a remote facility — combined with contactless, keyless move-ins, online booking, month-to-month terms and no hidden fees. Facilities are described by customers as clean, climate-controlled, street-level in some cases, and accessible 365 days a year within daily access hours.
Technology
The customer experience is digital: an address-based location finder, online booking, and a keyless entry system in which a unique emailed code grants access to the storage site, enabling contactless move-ins. A third-party technology profile lists web and operations tools in use including WordPress/Astra with Elementor, Cloudflare and Cloudflare Bot Management, Google Maps, Heap analytics, Zendesk, and JavaScript libraries such as jQuery UI, Swiper, lit-element and lit-html.
Go-to-market
Direct-to-consumer acquisition through the company's website, where prospective customers enter an address to get pricing and can join an email list to be notified when a location opens in their neighborhood. Customer reviews are displayed on the site. A parallel channel targets property owners with an offer to monetize unused space.
Residents of dense New York City neighborhoods in Brooklyn and Manhattan whose apartments lack closet or storage space, including people storing seasonal items and collectibles; secondarily, owners of buildings with unused space that can be converted into storage.
Geography
New York City only, with locations marketed across Brooklyn (Williamsburg, Greenpoint, Park Slope, Fort Greene, Brooklyn Heights, Flatbush) and Manhattan (Upper East Side, Harlem, Hell's Kitchen, Upper West Side, East Village, Soho). A third-party profile lists a Manhattan address for the company.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Legal entities · 1
corporate structure▸Research sources · 6
primary sources listed
- Local Lockerlocalocker.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Local Locker do?
- Local Locker operates neighborhood self-storage lockers in New York City apartment buildings, booked online with contactless access.
- Who founded Local Locker?
- Local Locker was founded by Alexander Hartman, Peter Smyth in 2018.
- Who are Local Locker's investors?
- Local Locker's investors include Peterson Ventures, Inertia Ventures, Signal Peak Ventures.
- How much funding has Local Locker raised?
- Local Locker has disclosed $15.8M raised across 6 rounds.
- Where is Local Locker headquartered?
- Local Locker is headquartered in Brooklyn, US.