Cypress Growth Capital Invests in StorageDefender
Cypress Growth Capital is pleased to announce our investment in StorageDefender, a Denton, TX–based company modernizing environmental and activity monitoring for the self-storage industry.
Founded in 2018 by Mark Cieri and Nathan Wright, StorageDefender pairs connected sensors and proprietary cameras with software purpose-built for self-storage, giving tenants direct visibility into what's happening inside their units, including temperature, humidity, and motion. For operators, the platform serves as both a differentiated amenity and a new revenue stream. Today, StorageDefender is deployed across more than 900 facilities across 42 states.
"I care about the difference between an investor who just writes a check and one who rolls up their sleeves."
Mark Cieri, Co-Founder and CEO of StorageDefender
"I've spent my career building products and teams, so I care about the difference between an investor who just writes a check and one who rolls up their sleeves," said Mark Cieri, Co-Founder and CEO of StorageDefender. "The Cypress partners have built and run companies themselves, so they ask the questions and give practical advice that matters. And because their capital is non-dilutive, we can fund this next phase of growth without giving away the ownership we've spent years protecting."
Cypress Managing Director Vincent Hsieh added, "Mark and Nathan have built something self-storage operators genuinely value, a way to give their tenants real peace of mind while opening up a new revenue stream. It's a large market that's still early in adopting this kind of technology, and this team has the operating instincts and patented product depth to lead it."
StorageDefender will invest Cypress' non-dilutive growth capital in expanding its sales and client success teams and in continued AI and product development.