"The lock comes off, the door curls up, and everyone inhales. And on this particular Texas day, that first unit was an out-of-left field treasure trove, filled with artwork worth tens of thousands of dollars. The second unit was even more memorable. "They opened it up," Engfer laughs. "And what did they find there? A mouse-breeding apparatus to feed snakes with. You're definitely not supposed to keep live animals in a storage unit. But this thing was filled with mice that were being sold to snake owners.""
"That's why Engfer and Adam Fleming in 2022 founded self-storage software company Cubby. The company now counts more than 400 operators with north of 2,000 facilities among its customers, a group that includes Atomic Storage Group and American Self-Storage. It's also reached a key financial milestone: Cubby just raised a $63 million Series A, led by Growth Equity at Goldman Sachs Alternatives, Fortune has exclusively learned. The company's existing investors include Third Prime and Bienville."
Self-storage auctions can produce startling discoveries, from valuable artwork to a mouse-breeding apparatus used to sell mice to snake owners. The self-storage industry remains ubiquitous and often relies on outdated legacy software even in 2026. Matt Engfer and Adam Fleming founded Cubby in 2022 to modernize self-storage management systems and online renting. Cubby now serves over 400 operators and more than 2,000 facilities, including Atomic Storage Group and American Self-Storage. Cubby raised a $63 million Series A led by Growth Equity at Goldman Sachs Alternatives, with existing investors Third Prime and Bienville.
Read at Fortune
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