
Designhubz
Designhubz 3D & AR | Web-based Augmented reality (AR) for ecommerce..
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
* | $320k | Seed | |
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 108 % | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Designhubz is a tech startup that operates in the e-commerce sector, providing a unique solution to enhance the online shopping experience. The company's primary offering is a platform that uses advanced technologies like Artificial Intelligence (AI) and Extended Reality (XR) to create a more interactive and personalized shopping experience for online customers.
Designhubz's platform offers several key features. First, it provides exact size and fit measurements for products, reducing the guesswork for customers and potentially reducing return rates. Second, it offers live try-on experiences, allowing customers to virtually try products in real time. Third, it uses an AI-powered recommendation engine to suggest products based on customers' style and preferences. Lastly, it uses Spatial XR technology to allow customers to view products in their own space, creating a virtual showroom.
The company's business model involves digitizing the inventory of its clients, which are primarily e-commerce businesses. They take high-quality images and product dimensions and transform them into 3D and Augmented Reality (AR) models. These digital models are then integrated into the client's e-commerce platform. The company also provides a 3D Digital Asset Management (DAM) platform for clients to manage their assets and track digitization progress.
Designhubz generates revenue by charging its clients for the services it provides. The company claims that its solutions can boost conversion rates, increase average order value, and cut returns by half, leading to substantial revenue growth for its clients.
Keywords: E-commerce, Online Shopping, Artificial Intelligence, Extended Reality, Size and Fit, Live Try-On, Product Recommendations, 3D Modeling, Augmented Reality, Digital Asset Management.