Lode

US

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Startup details

Founded

2020

Funding

$301k – $500k

Employees

4

Business Stage

Seed

Presentation

Download

Management Team

Letee Wang

CEO

Marianne Sanche

COO

Antoine Bouchard-Bergeron

Lead Developer

Aurele Chanal

AR Developer

About Startup

NextGen immersive shopping marketplace.

Vision

We inspire self expression through virtual experiences.

Problem & Opportunity

Online shopping is losing to digital entertainment. The next generation of consumers are experience driven, highly visual and digitally native. They spend more time in the virtual world than the physical, but mostly engage with video games or interactive social media. E-commerce meanwhile struggles to keep up with 2.6% conversion rates and less than 2 minute session times.

Value proposition

In 90 days, Lode works with brands to transform their consumers’ spaces into interactive virtual boutiques, and onboard their stores onto our mobile marketplace where users can explore and try on products.Lode aims to re-capture the attention of NextGen consumers and re-inspire them with the fantasy of fashion.

Business model

Marketplace, taking commission per transaction

Go-to-market plan

We are launching exclusive experiences to grow our user base before moving on to launching brand experiences. We aim to lauch a curated collection of brand experiences, including a few major luxury brands by September 2021.

Management team

Leetee Wang Co-Founder, CEO. Marianne Sanche, Co-Founder, COO.

Pilot projects

Phoebe Heess, Thalie Paris, Browns Fashion.

Ask

Our next raise will be for 1M in order to scale operations and further develop our full body try-on experience.

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