Technology
Principium Solutions We create targeted software automation solutions in industry to reduce costs and free human capital from repetitive tasks.
King’s Team Leaders: Arthur Zargaryan Undergraduate, BSc Computer Science with Robotics, 2015 Additional co-founders: Luca Mozzo
Problem
Market
E-commerce sales reached ÂŁ133bn in 2016 and are growing year on year by 15 per cent. Combined with the favourite method of delivery being to the home, reception teams at residential buildings are being consumed by the growing workload associated with the increased influx of parcels.
Our company will operate on a business to business level. The total addressable market is estimated at over 100,000 buildings (Residential and Office building in the UK that use concierge service and receptionists for parcel management).
Solution
Secured one major real estate developer as a client. We are aiming to finish the software license by the end of October.
Our initial product is InMail a mailroom management automation tool. This tool allows receptionists and mailroom workers at large buildings to quickly scan parcel labels using the phone camera, which automatically notifies tenants that their parcels have arrived via email and text notifications.
Traction
Get in touch: arthur@principiumsolutions.com | principiumsolutions.com kcl.ac.uk/entrepreneurship-institute 11