2024 Revenue
$1.4M(Est.)
Funding
$0
Team
5
Founded
2016
BagsAway Revenue (2024)
on demand luggage storage
Last updated
BagsAway Revenue
In 2024, BagsAway's revenue reached $1.4M. The company previously reported $1.2M in 2023. Since its launch in 2016, BagsAway has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | BagsAway Hit $1.4m revenue in October 2024 | Estimated |
| 2023 | BagsAway Hit $1.2m revenue in December 2023 | Estimated |
| 2020 | BagsAway Hit $780k revenue in January 2020 | |
| 2016 | Launched with $0 revenue |
BagsAway Valuation, Funding Rounds
BagsAway is a bootstrapped SaaS startup. Founded in 2016, BagsAway has grown to $1.4M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, BagsAway has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founders
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for BagsAway yet.
BagsAway Employees & Team Size
BagsAway employs approximately 5 people as of 2026, down from 6 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 5 employees (October 2024) | |
| 2023 | Reached 6 employees (December 2023) | |
| 2022 | Reached 7 employees (December 2022) | |
| 2021 | Reached 6 employees (December 2021) | |
| 2021 | Reached 5 employees (October 2021) |
Frequently Asked Questions about BagsAway
What is BagsAway's revenue?
BagsAway generates an estimated $1.4M in annual revenue.
Who founded BagsAway?
BagsAway was founded by Eugene Veeden.
Who is the CEO of BagsAway?
The CEO of BagsAway is Eugene Veeden.
How much funding does BagsAway have?
BagsAway is bootstrapped and has not raised outside funding.
How many employees does BagsAway have?
BagsAway has 5 employees.
Where is BagsAway headquarters?
BagsAway is headquartered in Toronto, Ontario, Canada.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Leal
Leal is a customer marketing platform for offline and omnichannel retailers, founded in 2016 in Bogota, Colombia by Camilo Martinez and Florence Bretch. The company helps retailers build a 360-degree view of their customers through first-party data collected via point-of-sale integrations, loyalty programs, and AI-driven campaign orchestration. Leal operates across 13 countries, primarily in Latin America, and has integrated with approximately 350 POS, e-commerce, and software systems. As of mid-2026, Leal serves roughly 700 paying merchants at an average of $2,000 per month, implying monthly recurring revenue of approximately $1.4 million. The company reached profitability in 2026 after a dramatic restructuring that reduced headcount from 200 employees to 38 and engineering staff from 85 to 15. Net revenue retention stands at 120% and monthly gross churn is 0.3% or below. Leal has raised a total of $21 million across multiple rounds, including a Series A of approximately $11 million closed in 2024 and an extension of $6 million split between 2025 and early 2026. Co-founders Martinez and Bretch split equity 50/50 at founding and have operated together for ten years. Martinez has stated the company does not plan to raise additional capital.

Radical
High-altitude solar-powered aircraft

MAIHEM
Industry-leading quality testing for mission critical AI

SlideAI
Create professional and engaging presentations in minutes for free with SlideAI. Our advanced AI technology generates unique content tailored to your specific needs, saving you time and effort.

CambioML
Retrieve and transform data from PDFs and forms

Pena
A lack of quality tech docs hinders product adoption, and developers are swamped. Our service delivers top-notch content at a flat fee, boosting adoption while freeing devs to code.


