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Designhubz

3D & Try-on AR SaaS for eCommerce

UAE
Market: Internet and IT, Virtual and Augmented Reality
Stage of the project: Operating business

Date of last change: 16.06.2021
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Idea

Designhubz enables 3D & Try-On Augmented Reality shopping with an AI recommendation engine across any eCommerce website or app

Current Status

- Backed by Techstars and part of 500 Startups Global Network and Google for Startups
- $80K in signed Contracts to date - IKEA and TATA Cliq (Largest luxury eCommerce platform in India) as customers
- $500K contract value post pilot
- $200K pipeline deals
- $595K already raised - Now Raising $500K bridge to Seed

Market

Our customers are brands and retailers having an online presence and sell the following categories: furniture/home appliances, Eyewear, Makeup/beauty, footwear

Problem or Opportunity

There isn't a realistic and personalized solution for online shoppers to virtually try products with accurate size detection and fit and receive curated personalized product recommendations

Solution (product or service)

Designhubz enables 3D & Try-On Augmented Reality shopping with an AI recommendation engine across any eCommerce website or app.

We offer an end-to-end enterprise suite that makes it seamlessly easy for brands and retailers to view, manage, and publish interactive 3D/AR product views and virtual Try-Ons for, footwear, eyewear, makeup, furniture, appliances and more.

Competitors

Competitors: Seekxr.com / Modiface.com / viking.io

Advantages or differentiators

Designhubz provides a complete end-to-end digitization solutions from creation of the digital assets to conversions.
We have the most advanced 3D & Augmented Reality (AR) engine with the best HD visual quality and hyper-realistic product visualization. Also our patented AI Recommendation Engine integrates with our 3D/AR engine to provide a hyper-personalized shopping experience by completely understanding the users features (size, facial features, etc), preferences, and behavior (emotions while shopping).
Moreover, we provide a 4 in 1 stack of AR solutions to cover the majority of the categories such as Eyewear, Makeup, Footwear, Fashion, Furniture & Home Appliances

Finance

We charge a monthly or yearly software as a service subscription and a one time cost to digitize the inventory

For digitization we charge between $35 and $350 per product one time fee depending on the complexity of the item
We then charge a Sofwtare subscription for our AR engine starting at $8 per SKU per month.

We expect to achieve at least $5M in ARR assuming 100% growth year over year

Money will be spent on

70% product | 25% sales & marketing | 5% operations

Offer for investor

SAFE Note at $5M cap

Team or Management

Incubation/Acceleration programs accomplishment

IKEA Forward, Techstars, 500 Startups, Google for Startups

Photos

Photo 1 - 3D & Try-on AR SaaS for eCommerce

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation