Denis Opudo
Sxuirrel is a Stellenbosch based startup that works on finding solutions by connecting people who need space and those who have space. Users have an opportunity to store their belongings for a fee and take them later on when in need of them. The users only pay for the space they have used to keep the belongings. Users with unused space can make the listing of their own and turn their space. Those who do the listing gain profits that offer peer-to-peer rating and review system.
Funding of the firm comes from strategic partner investment holding company with interests in the logistics, storage, and transport industry in exchange for a minority shareholding. Currently, Sxuirrel focuses on providing customer-centric, flexible service to the students market, though with the investment the startup now looks to expand its services seriously all over the country, offering the go-to storage platform countrywide.
The firm’s service is based on agility. It is so keen on the being specific to the solution they are trying to solve, and they get focused on their customers. The company was founded by Michael-John Dippenaa, Henri Bam, and Michael Louis who happened to be students by then. The founders decided to maximize the increasing demand for more affordable, flexible storage solutions and accessible while still schooling at Stellenbosch University.
The currently build houses and apartments are becoming smaller annually. With the number of consumers on the rise, and the traditional storage solutions no longer accommodative, there was a need for utilizing the opportunity according to co-founder and chief executive officer (CEO) Michael-John Dippenaar. The traditional storage methods are costly, inaccessible, and they are not a long-term solution to many properties. The company secured funding worth $176, 000 to expand its services across Africa. The industry is currently worth $34 billion.
