

Startup details
Founded
2020
Funding
$301k – $500k
Employees
4
Business Stage
Seed
Presentation
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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