Fragmented
Market Landscape
85M Homes in the USA – Today fragmented ecosystem unable to support large-scale Edge deployments due to technology immaturity, field operational complexity, and lack of financing.
More than half of Americans have been victim of package theft
MilkChute™ is the Last Mile Solution
Contact us Today
Why Package Theft Can’t Be Ignored
The Last Mile Problem
Package theft and failed deliveries have become a widespread, costly problem - impacting consumers,
etailers, and the environment. The data shows a rapidly growing crisis that demands
smarter, more secure last-mile solutions.
$20B+
Scale of the Package
Theft Problem
Package theft costs reached $20B in the USA in 2022 (SafeWise). Worldwide estimates at $38B (European report). An estimated 2M+ packages are lost or stolen every day in the USA.
$815B+
Financial and
Environmental Impact
Losses from package theft average $50–$100 per package. In 2022, returns cost retailers about $816 billion and generated 9.5 billion pounds of waste sent to landfills.
10M+
Rising Delivery Volume
and Failed Deliveries
Everyday some 10M packages are unsuccessfully delivered, and package deliveries are projected to double within the next 3 years.
45%
Consumer
Confidence Gap
45% of consumers don’t think Retailers or Delivery Companies are doing enough to prevent package thefts.
Your Smart Delivery Assistant
The Last Mile Solution
MilkChute™ is your AI Doorman handling your
day-to-day delivery needs and additional
services, including:
- Organize your returns
- Security with front door camera
- Groceries deliveries
- Refund requests
- Schedule management
Target Market & Unmet Need
The Opportunity
Fragmented
Massive Market
Opportunity
Sub-segment of $500B Connected Edge AI Market (KPMG Research)
Deployment
& Revenue Targets
Objective to deploy into 500K USA residential homes before IPO in 2030. Resulting in estimated revenues of $100M
Expansion
Pathways
Potential Expansion: Multi-family residential, Buildings, Enterprise, International Markets (Europe).
Patents Issued and Pending
Why Package Theft Can’t Be Ignored
MilkChute™ Mobile App
MilkChute's mobile application will include following features:
- Package tracking and delivery notifications
- Returns management
- Front door security camera
- Online shopping with loyalty program discounts offered by big box
retailers like Walmart, Target, Home Depot, Macy's, and others - Cash-back rebates from theft savings
- Banking feature allowing to store money in MilkChute's application
MilkChute™ Leadership
A multidisciplinary team of tech innovators, engineers, logistics
experts, and smart home veterans.
Declan Morgan
Executive Director
Co-Founder, President,
Head of Innovation
David Berten
Executive Director
Chief Legal Advisor
Dane Oldridge
Chief Operations Officer
Product Development, Co-Founder
Candace Zynda
Board of Advisors
Design & Strategic Partnerships
Nick Belcore
Board of Advisors
Manufacturing
Dave Sallander
Executive Director
Co-Founder, Software Development