SecurSpace, Inc.

SecurSpace, Inc. offers an innovative platform for secure truck parking and storage solutions across the United States, facilitating seamless access to essential parking spaces for logistics firms and fleet operators. Founded in 2016 in Charlotte, US, SecurSpace, Inc. provides a platform addressing parking and storage needs for the trucking industry.

The company was acquired by Envase, Inc. in October 2020, with the financial terms not disclosed. The founders, Adam Simkins and Cory Bailey, have previously contributed to the logistics field, enhancing their expertise in this sector. SecurSpace specializes in offering a comprehensive platform for truck parking and storage solutions throughout the United States.

Its core services include providing on-demand access to secure parking spaces tailored for companies needing parking for trucks and containers, as well as property owners listing available spaces. Clients can reserve and pay for only the capacity they require, thus avoiding long-term commitments. The platform addresses logistical challenges faced by trucking operators and fleet managers by facilitating flexible parking arrangements, particularly in major transportation hubs, serving a diverse clientele including logistics firms, fleet operators, and yard operators. SecurSpace generates revenue through a straightforward transaction model that involves daily or monthly fees for parking and storage space reservations.

Clients, including trucking companies and logistics providers, utilize the platform to secure space tailored to their needs, with pricing starting at USD 15 per day for certain locations. The pricing varies based on geographical markets and service offerings, supporting short-term to medium-term leases and embodying a B2B revenue model where transactions occur directly between commercial operators and the service. SecurSpace plans to further develop its platform by introducing new features aimed at enhancing user experience and expanding its operational capabilities. The company is looking to penetrate additional geographic markets across the United States to meet rising demand for parking solutions by mid-2022.

The acquisition by Envase, Inc. is expected to provide additional resources to support these initiatives, further solidifying SecurSpace's position in the logistics sector.