Viume

Barcelona, Spain

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Startup details

Founded

2017

Funding

$126k – $250k

Employees

8

Business Stage

Beta

Presentation

Download

Management Team

Silvia Bardani

Founder & CEO

David
Morago

Chief Business Developer

Agustin Rodilla

Software Engineer Lead

Bardia
Rafieian

AI Engineer

About Startup

AI SaaS that enables personalized interactions with each user

Vision

We aim at bringing personal advise, human taste to the digital world through AI.

Mission

Our mission is to be a global AI-driven platform that enables personalized interactions with each user by empowering Retailers with customer-centric technology.

Problem & Opportunity

The online purchase funnel is broken (< 3% conversion rate), the multiple offline and touchpoints make the decision process more and more complex.

Value proposition

Modular software solution that uses machine learning and computer vision to instantly show users what they will buy and optimize online merchandising to make the online shopping experience easier, engaging, and more human through AI. Viume’s modules are: the digital personal shopper, the merchandising assistant (autotagging), the visual search, the total looks recommendations, the style quiz and questionnaire, and the gift box.

Business model

Viume business relies on a subscription-based revenue model. We charge our B2B customers a set uo fee and then a monthly fee. We sell our solution via a LAND + EXPAND strategy: customers sign for a pilot and then upgrade to a subscription. The contract is annual and customers are able to increase conversation rate by 32% and improve the engagement rate by 210%.

Go-to-market plan

Viume is quickly moving forward thanks to strategic partnerships with digital agencies and ecommerce platforms. Also, our sales activities are mostly outbound with sales people “on field”, such as Account Managers.
 

Management team

Viume team has a deep knowledge of fashion retail and ecommerce. Our tech team has a strong expertise in machine learning and computer vision. We also partner with key technology players such as academic investigation group and R&D centers in Image Recognition.
 

Ask

We are looking for commercial and technology partners. We are also fund raising 400k€ in exchange of equity.

Clients

Percentil, Greyhounders, Michaela Jedinak

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