This ingenious device solves all of your bike storage problems

Entrepreneur SinĂ©ad Geraghty came up with a solution to her own bike-storing problem, and now she’s trying to turn it into a business.

Geraghty developed the Stowaway — a pulley device that allows people with space restrictions to store their bikes in the top two feet of any normal-sized room. The device, which Geraghty told INSIDER will retail for around $209, is designed so that the user hoists their bike up to the ceiling before locking it in place horizontally.

Geraghty recently started a Kickstarter campaign to raise enough money for production and distribution. She hopes to start shipping next summer.

Story by Tony Manfred and editing by Carl Mueller

NOW WATCH: Tech Insider videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.