Molo Joins Storable
Published on August 27, 2021Molo is joining the Storable family of companies. Storable provides technology for the self-storage industry. The acquisition of Molo marks their first step into an adjacent industry.
Marinas share a lot of key similarities to self-storage. Through integrated products and services, both Molo and Storable empower their customers to create five-star experiences. Each has earned reputations for delivering its respective industries with comprehensive, end-to-end business solutions and increasing operational efficiencies for customers.
The marina industry is rapidly evolving to require more sophisticated technology and Storable will leverage the best practices they’ve honed in storage to help Molo accelerate technology innovation for the marina industry.
As part of this acquisition, the Molo team will remain in place to continue leading the marina business unit within Storable.
Molo co-founders Rocko Stojiljkovic and Lucas Isola, both boaters, founded Molo with the goal to bring powerful and easy-to-use tools to the marina industry. The team has strived to help marinas and similar businesses capitalize on the most modern SaaS tools to help them improve and grow.
“We are thrilled to be joining forces with Storable! We look forward to leveraging the Storable model to build the most powerful suite of products in the recreational marine industry,” says Lucas Isola, co-founder, Molo. “Storable not only supplies a huge portion of the storage industry with software, but they also have a marketplace, a payments product, insurance, and a new IoT, access control product. There are so many natural opportunities to achieve great economies of scale and provide our customers with enhanced capabilities to optimize their businesses. This is just the beginning and great things are to come!”
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