Lightning Pitch: Vertoe
HEADQUARTERS: New York City
Vertoe is on a mission to optimize the world’s spaces for smarter living. Instead of creating more space in ever expanding cities, they want to ensure existing space is utilized more efficiently. They have started with solving the problem caused by lack of short term storage solutions in the market. Vertoe’s strategy involves optimizing existing spaces/businesses in New York that have managed to earn the trust of tourists for many years and ensure that the customer feels safe and secure while leaving their belongings. ‘Vertoe’ is a play on the Latin word ‘Verto’ that stands for ‘transformation’ or ‘exchange.’ They started in May 2016 with five locations.