eCommerce

listed by broker
AI for fashion or retail
Founded in
2023
Desired valuation:
Open to offers
Description
SnapMeasureAI is an advanced AI solution that provides precise 3D body measurements and personalized size recommendations using just a few images or a video. Say goodbye to clothing returns and find the perfect fit every time. SnapMeasureAI achieves an impressive 98.7% accuracy across 16 key body measurements, with an average error of 7.0 mm (or 0.27 in). Simply take a few images or a video. 1) 10% acceptance rates on email outreach 2) in discussions with Nike and Zara after one week of outreach 3) 98.7% accurate 3D body measurements
Featured metrics
1) 10% acceptance rates on email outreach 2) in discussions with Nike and Zara after one week of outreach 3) 98.7% accurate 3D body measurements
Selling details
Type of shares
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Reason for selling
SnapMeasureAI's technology is more powerful in the hands of a retailer to reduce customer returns
Preferred acquirer
Large retailer or e-commerce company. Clothing returns are a massive cost, and SnapMeasureAI's technology would be the most useful for these businesses
Aspirations & growth opportunities
SnapMeasureAI's technology can be easily integrated into systems to significantly reduce customer returns. SnapMeasureAI looks to reduce return costs by $100M+
Business details
Business model
Subscription revenue
Customers
We are pre-revenue but are in discussions with Nike and Zara (Retailers and e-commerce businesses looking to significantly reduce customer returns)
Competition
True Fit, Meepl, Aistetic
Operational details
Technology stack
Currently, GitHub for website hosting. AWS in the future for data storage
Marketing spend
$100 per month (LinkedIn)
Performance tracking tools
Other
Financial details
Ownership structure
100% founder ownership
Last month's revenue
Pre-revenue
Last month's profit
Pre-revenue
Financial records
Online reporting software/tools
Metrics
TTM revenue
Pre-revenue
TTM net profit
Pre-revenue
Based in
AMER
Team members
1-2
Acquisition type
Full
Desired valuation
Open to offers
Message Owner
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Message Broker
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