How changing ways of working helped office switching start-up Kitt
Ther Standard | March 2022
Steve Coulson and Lucy Minton spent six months sorting out an office move at the company they both worked for, parking app JustPark. The logistics and research involved sucked time out of their actual jobs — as CFO and commercial director respectively — and “wiped us out,” Coulson reports. “We were aimlessly wandering through lists of lawyers, contractors, agents, and cleaners by the end, trying to find the right space, design it, and manage the whole experience,” he says.
“It felt that the whole thing was geared against the tenant. We thought we could build a business that provided a solution.” Three years on, the business, Kitt, has a turnover of almost £9 million. From their Farringdon headquarters, Coulson and Minton have helped firms including Oatly, PZ Cussons and Zwift move into new offices.
The first step after ex-UBS banker Coulson and his co-founder quit their jobs was to use the £265,000 raised from friends, family and Andrew Barclay, of the billionaire Barclay family, to build the technology that would make their idea scalable.
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