City Storage Systems

City Storage SystemsCity Storage Systems
City Storage Systems

City Storage Systems

A food technology company building infrastructure, robotics, and software for the modern food economy.

DR 672016ActiveLos Angeles, United States
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About

City Storage Systems Inc. was a company founded by Travis Kalanick in 2016. Its primary focus was on acquiring and integrating urban logistics and real estate assets. The company's assets and operations were later absorbed into Atoms Inc., a robotics startup also founded by Kalanick. This suggests City Storage Systems was a foundational entity for Kalanick's subsequent ventures in the robotics and autonomous technology space, likely focused on the physical infrastructure and operational aspects of urban logistics.
Frequently asked

What does City Storage Systems do?

City Storage Systems Inc. was a company founded by Travis Kalanick in 2016. Its primary focus was on acquiring and integrating urban logistics and real estate assets. The company's assets and operations were later absorbed into Atoms Inc., a robotics startup also founded by Kalanick. This suggests City Storage Systems was a foundational entity for Kalanick's subsequent ventures in the robotics and autonomous technology space, likely focused on the physical infrastructure and operational aspects…

What is City Storage Systems's revenue?

StartupHub estimates City Storage Systems's annual revenue at $4.5B (range $4.1B to $5.9B, 42% confidence), based on comparable companies in the sector.

What is City Storage Systems's valuation?

StartupHub estimates City Storage Systems's effective valuation at $8.3B (range $5.8B to $10.8B, 27% confidence), based on comparable companies in the sector.

How much funding has City Storage Systems raised?

City Storage Systems has raised a total of $1.3B in funding. The most recent round on record is Series E.

Where is City Storage Systems headquartered?

City Storage Systems is headquartered in Los Angeles, United States.

When was City Storage Systems founded?

City Storage Systems was founded in 2016.

What industry does City Storage Systems operate in?

City Storage Systems operates in Logistics, Real Estate, Urban Infrastructure, FoodTech, Robotics, SaaS.

Who they would sell to
Starbucks Corporation

Starbucks, with its extensive network of locations and focus on delivery and mobile ordering, could leverage City Storage Systems' ghost kitchen infrastructure to expand its delivery-only footprint and optimize its food preparation for off-

Enterprise Food & Beverage
McDonald's Corporation

McDonald's, a global fast-food giant, could utilize City Storage Systems' delivery-only kitchens and software to streamline its delivery operations, reduce overhead in traditional restaurant spaces, and experiment with new virtual brands.

Enterprise Food & Beverage
Chipotle Mexican Grill, Inc.

Chipotle, which has seen significant growth in digital orders and delivery, could use City Storage Systems' infrastructure to establish dedicated delivery hubs, improving efficiency and speed for its online orders.

Enterprise Food & Beverage
DoorDash, Inc.

DoorDash, as a leading food delivery platform, could partner with City Storage Systems to offer its restaurant partners access to optimized ghost kitchen spaces and integrated software, enhancing the overall delivery ecosystem.

Food Delivery Platforms
Uber Technologies, Inc.

Uber, through its Uber Eats division, could collaborate with City Storage Systems to provide its restaurant partners with efficient kitchen infrastructure and order management solutions, similar to how its former CEO founded City Storage Sy

Food Delivery Platforms

Buyer fit inferred by StartupHub from what City Storage Systems sells and public signals about each company. Only rows badged "already a customer" are confirmed relationships.

Who could acquire them
Amazon.com, Inc.

Amazon could acquire City Storage Systems to expand its presence in the food delivery and logistics sector, integrating the ghost kitchen infrastructure and robotics technology into its existing Amazon Fresh or Whole Foods delivery networks

Precedent: Acquired Whole Foods Market, 2017

SoftBank Group Corp.

SoftBank, a major investor in technology and logistics, could acquire City Storage Systems to bolster its portfolio in the food tech and urban logistics space, leveraging its real estate and robotics assets for broader applications.

Precedent: Acquired Boston Dynamics, 2017

Reef Technology

Reef Technology, a company focused on transforming urban spaces into logistical hubs, could acquire City Storage Systems to expand its network of ghost kitchens and integrate City Storage Systems' software and robotics for enhanced operatio

Precedent: Acquired Boon Burger Café, 2023

Strategic fit inferred by StartupHub from each buyer's own acquisition history. No deal, approach or discussion is implied.

New entrants in Logistics
Last 90 days
3
New entrants
1.0
Per month
0.2
Per week

An entrant is a company tagged Logistics whose domain was first registered in the window, counted from registry records in the StartupHub directory. Registry detection runs two to three weeks behind registration, so recent weeks are a floor.

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