JUMP into DESIGN

Idea

Introduction

To make decisions, designers and their clients need to visualise their interior design projects. But conceptualising and rendering is a slow and frustrating process, which can delay projects and cause potential loss of business.

Other existing design solutions either require expensive, powerful computers, graphic cards and designers with expert, technical training, or are so simple that they can deliver only static renders with basic graphics.

JUMP into DESIGN® combines our patented tech with virtual reality to design interior spaces in a way that’s fast, easy and affordable. Our all-in-one tool allows designers to manage the entire creative process on their own. In just a few clicks, you can easily create, personalise and share hyper-real designs in real-time in 2D, 3D and first person (immersive VR) on a low-spec computer or VR headset. Users can even control the light and the outdoor view in real-time.

Substantial accomplishments to date

– Raised £425k in equity from 281 investors in 26 countries, hitting our target within 48 hours of publicly launching.

– Received £18k in grants from the the regional government of Madrid, as well as $15k's worth of credits from AWS Activate Programme for startups.

– Tested the product market fit with close to 1,000 active users, and achieved a 64% 5 star rating (from a survey of 209 users).

– Since launching in July 2021, 1k+ designs were created in Jump into Design.

– 27 international partner brands in 3D catalogue including La Redoute, Vitra, Tecnografica and Kave Home.

– Partnered with the British Institute of Interior Design (UK trade body for interior designers).

– Attended trade mission event in LA to connect with key organisations in the creative industries.

– Successfully launched and active in Spain and the UK. In talks with a partner in India.

Monetisation strategy

We're targeting the more than 3 million architects and interior designers, and 500,000 furniture stores & brands.

As our platform grows, we will look to generate revenue through the following marketing & sales actions:

– Agreements with manufacturers & retailers

– Specialised media & sponsorships, trade fairs

– Brand ambassadors & design communities (BIID, Interior Design Experience)

– Agreements & prize sponsorships: design communities & schools

– Content & email marketing campaigns

– Social media content campaigns & ads

– Social selling & evangelisation on the Metaverse Opportunity

– The global Metaverse market is estimated to reach £640bn by 2024, and with users in metaverse worlds like Decentraland and Sandbox having bought virtual land plots for millions of pounds, we expect demand for Metaverse interior designers to emerge, as the sector grows

Use of proceeds

We're currently raising funds to further grow and convert our user base, continue to develop our tech, improve our product, make key hires, grow in key markets like the UK and Europe and further explore opportunities in the growing Indian market. The investment will be used in the following way:

– 60%: Grow user base and convert

– 20%: Reinforce talent

– 20%: Product development and innovation