artlabs, founded in 2022 and headquartered in the United States, is revolutionizing the retail landscape through its AI-powered immersive 3D and virtual try-on experiences. Redefining product display, artlabs utilizes proprietary AI to convert 4-6 product images into interactive 3D visuals, making the physical scanning and manual modeling processes obsolete.
The company has made a compelling impact in its industry, catering to over 30 globally recognized brands. Its product digitization and virtual try-on capabilities enhance customer engagement, resulting in a 2x increase in conversion rates and 28% reduction in product returns, contributing to an additional $26M in revenue over the past year.
Having raised a $700.00K Seed investment in May 2022 from notable investors such as Melek Capital, Kültepe Yatırım, and Techmine Gsyo, artlabs stands poised for substantial growth within the Marketing and Media sectors, leveraging cutting-edge AI solutions to drive retail innovation.