Are you looking to revolutionize your online shopping experience? Look no further than London AR, a cutting-edge AR visualization solution provider that is reshaping the way we interact with products online. With a recent seed round investment of 100 million pounds, London AR is poised to take the e-commerce industry by storm. Let’s dive into the details of this innovative company and its groundbreaking technology.
About London AR
Founded in 2015 by Michael Valdsgaard, a former senior vice president of the digital transformation department at IKEA, London AR has made a name for itself in the e-commerce 3D visualization space. Based in London, the company has developed a 3D visualization and AR preview platform that has caught the attention of major brands like Bremont, Crate&Barrel, Salvatore Ferragamo, and Virgin Media O2.
Market Potential
According to reports, only about 5% of retailers currently use AR in their e-commerce operations. This means that there is a vast untapped market waiting to be explored. London AR aims to fill this gap by providing a comprehensive solution that allows retailers to offer a more immersive and engaging shopping experience to their customers.
Technology and Applications
London AR’s technology enables customers to preview a wide range of products, from bicycles and watches to furniture, in a 3D environment. For example, you can view the exterior, materials, and features of a bicycle frame from multiple angles, allowing you to configure your own bike online. This level of detail and interactivity is something that traditional e-commerce platforms simply cannot offer.
Here’s a breakdown of some of the key features and applications of London AR:
| Feature | Description |
|---|---|
| 3D Visualization | View products in a 3D environment, allowing for a more realistic representation of the item. |
| AR Previews | Experience products in the real world by overlaying them onto your own space using augmented reality. |
| Customization | Configure products online, such as selecting colors, materials, and features. |
| Interactive Tutorials | Learn how to use the platform and its features through interactive tutorials. |
Investment and Growth
The recent 100 million pound seed round investment will be used to further develop London AR’s technology, expand its sales and customer service teams, and build its brand image. This funding will also enable the company to reach more retailers and customers, solidifying its position as a leader in the AR visualization space.
Future Outlook
As the e-commerce industry continues to evolve, the demand for innovative solutions like London AR is only expected to grow. With its cutting-edge technology and commitment to providing an immersive shopping experience, London AR is well-positioned to become a dominant player in the market. By leveraging the power of AR and 3D visualization, the company is poised to transform the way we shop online, making it more engaging, interactive, and personalized.
In conclusion, London AR is an exciting and innovative company that is revolutionizing the e-commerce industry. With its advanced technology, extensive market potential, and recent investment, it’s clear that this company is here to stay. So, if you’re looking for a more engaging and interactive online shopping experience, be sure to keep an eye on London AR.
