Photo - Mod Tech Labs Inc.
55239

Mod Tech Labs Inc.

USA, Texas
Market: Information and media, Artificial Intelligence, Mobile applications
Stage of the project: Operating business

Date of last change: 08.12.2021
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Idea

MOD is digitizing the real world for enhanced retail marketing and monetization. Brands must scale 3D digital content to compete in the metaverse.

Current Status

$90k in Early Revenue, ~$5k MRR, $8M in Sales Qualified Pipeline
150 TB of imagery data to train machine learning algorithms
490k 3D assets created
Beta Mobile Scanner Launch:
9k active users of the mobile tool
2200 Daily active user
Average time on app ~40 minutes
98.55% organic traffic
33% MoM growth rate over 6 months
97% Retention rate over 6 months
Strategic Partners: Autodesk, AWS, SideFX, Intel, NVIDIA, IO Industries (cameras), in process with Unity and Epic
43 microservices and a capture app

Problem or Opportunity

Retail companies rely on expensive, hard, and slow processes to make 3D content for product marketing. These solutions are manual and rely on a lot of skilled human capital like 3D artists. Up to 20 separate software tools are used by these teams and workflows are complex and unforgiving requiring a lot of compute power.

Solution (product or service)

MOD is a no-code automated SaaS platform to capture and transform photos and videos into 3D. Making it easy for anyone to create real-world visuals of products, people, and worlds using proprietary algorithms to increase speed and scalability. Customizable workflows enable assets to be optimized for many uses including interactive content, virtual goods, digital ownership, 3D printing, augmented and virtual reality. A one stop platform makes interoperability and scale possible for the metaverse.
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