Wetacoo
Startup revolutionizing the storage and moving industry through an on-demand logistics platform that offers flexible, tech-enabled storage and relocation services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | €3.4m | Series A | |
| Total Funding | 000k | ||
| EUR | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 333 % | 93 % | 38 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (232 %) | (89 %) | (72 %) | (53 %) |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Wetacoo is an Italian company targeting the self-storage and moving industry, a market estimated at over €40 billion in Europe and €5 billion in Italy. Founded in 2021 by Federico Prugnoli and Pierfrancesco Bosco, the company originated from their personal experience needing temporary storage in New York during the lockdown. This led to the creation of a platform designed to simplify the process of storing belongings for both individuals and businesses.
The company provides on-demand storage and moving services, operating a logistics platform that allows customers to book the pickup, storage, and return of their items with a few clicks. Wetacoo's service is an alternative to traditional self-storage, where clients only pay for the space they use and can manage their stored items through a digital inventory. The platform integrates urban logistics and RFID technology for the traceability of goods, handling everything from disassembly and packing to transport and secure warehousing. This model serves private customers undergoing relocations or renovations and a growing B2B segment, which now constitutes 40% of revenue, for needs like furniture, equipment, and archive storage.
Headquartered in Rome, with operations in Milan and Bologna, Wetacoo has served over 2,000 customers and can manage pickups and deliveries across Italy. The company has secured significant funding to fuel its growth. After launching through the LUISS EnLabs acceleration program, it raised €750k in a seed round in November 2021 from investors including Lazio Innova and LVenture Group. More recently, in May 2025, Wetacoo closed a €3.4 million Series A round led by VC Partners, with participation from existing shareholders like Zest and CDP Venture Capital. These funds are earmarked for accelerating geographic expansion in Italy, launching initial international operations, and further developing its technology platform to enhance the customer experience.
Keywords: on-demand storage, self-storage, moving services, logistics platform, digital inventory, RFID storage, urban logistics, B2B storage solutions, temporary storage, relocation services, furniture storage, archive storage, Italian startup, proptech, last-mile delivery, Federico Prugnoli, warehouse management, flexible storage, asset tracking, logistics technology