We help online retailers increase revenues with augmented reality.
WEB PAGE: alphaar.io
CURRENT STATUS: In the past 6 months, we have been busy hitting our milestones. We founded the company and bootstrapped to finish the platform MVP and to start working together with 10 companies – doing pilots with them. And now we are raising strategic growth investment to take things to the next level.
We al know that eCommerce is growing rapidly but also customer expectations are changing. Many online stores struggle with same problems: product returns, customer acquisition and low conversion rates. We all want to“try before we buy.”
To directly solve these problems, we bring the online shopping experience into the customers reality. With AlphaAR’s platform, online retailers easily 3D scan their products and present them with augmented reality in seconds.
At launch, we are focusing on the furniture and interior products which is growing into 300 billion US dollars worldwide target market to 2022.
NEXT KEY MILESTONES_
2019 Q3 – start generating revenue. Finish 3D platform integrations into ecommerce platforms Big Commerce, Shopify, Woocommerce.
2019 Q4 – recurring monthly revenue 5000€. Successful finish pilots with 10 stores in the UK market.
2020 Q1 – finish pilots in the US market. First steps into the German market