Student-focused storage company Kit Keeper has received £50,000 from InnovateUK to develop an AI platform to optimize order processing.
Kit Keeper is a pioneering ready-to-use storage company dedicated to providing convenient, secure and affordable storage and shipping solutions for college students.
Kit Keeper founder Michael McCreadie (pictured), 24, started the business five years ago while studying at York University
Kit Keeper began by focusing solely on the student market, which is expected to be a £300m-a-year industry over the next five years.
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Michael’s ambition is for Kit Keeper to be the leading student storage company in the country by 2025 and he has already formed partnerships with universities in Nottingham, Leeds, Oxford, Brighton, Huddersfield and York.
InnovateUK’s Young Innovators Program has allowed Michael to develop his team and transform it into a national leader.
Kit Keeper is now using the government grant to develop its backend fulfillment system to optimize eco-friendly couriers, an innovation in the traditionally carbon-intensive storage industry.
Michael said: “I’m extremely proud of how far we’ve come. I started Kit Keeper on my own in college, we are now a team of six at head office and grew to 10 in May.
“It’s great to see the company and the people growing. We have an amazing team and with great funders such as InnovateUK and York University, I’m excited to continue our journey of expansion.
“It’s an incredibly exciting time at Kit Keeper. The allocation of this grant allows us to develop the activity and challenge the market.
“Kit Keeper’s unique environmentally-focused philosophy and superior operational technology make us new to the market and highly desirable to customers over potential competitors.”