Photo - WEARFITS
55814

WEARFITS

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

Date of last change: 24.03.2022
Go to the owner's profile
4
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

We bring fashion to the Metaverse and disrupt digital shopping experience with AR&ML by virtual try-on and size fitting.

Current Status

Recently we have digitized the world’s best football player - Robert Lewandowski - and his new sportswear collection (made by 4F), which is available in AR in their mobile app and ecommerce. Right now we implement shoes try-on for the largest Central European shoes manufacturer. We already have in our sales pipeline clients from the local market with implementations ongoing and we aim for international markets.

Problem or Opportunity

We tackle the problem that affects each of us. Even 30% of products purchased online are returned. It is one of the biggest business and environmental problems in the apparel and footwear industry. Especially in a pandemic world that moved customers and businesses online much faster.

Solution (product or service)

We aim to disrupt the industry with data and machine-learning-powered Augmented Reality, which allow us for a high quality 3D visualization and online size fitting, with even 98% accuracy. We help customers to see and try products on, and help businesses to optimize their online sales and to reduce return rate. We provide SaaS platform for 3D and AR objects, which may be easily integrated with any ecommerce and mobile app.

Business model

Our business model is simple and scalable. First we help clients in digitization - there is a one time initial service fee. But our goal is to transform them into a self-service, pure MRR model. The core SaaS platform is subscription based - 60 EUR per product per year (with individual pricing for large clients).

Incubation/Acceleration programs accomplishment

DeFINE
Startup Spark
Microsoft for Startups
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility1321
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
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