DecorMatters, a start-up aimed at bringing in innovative solutions to one’s interior designing and furniture needs, has recently received a $10 million funding to develop its iOS app further. The app has already gained popularity for its out of the box concept, and the funding led by ZenStone Venture Capital will facilitate the company’s venture into AI and AR technology in the field of interior design. DecorMatters has already made a name for offering its customers AI and AR technology customized to their needs, and the iOS app is used by over 4 million customers “to design and share interior spaces, working alongside professional designers to create rooms and shop furniture directly from their smartphones.”
The CEO and co-founder of DecorMatters, Farris, said:
The blockchain ledger will help customers to shop as well as design their own rooms and spaces along with professional help from seasoned interior designers, who would receive a cut of the scale as earnings through the profit-sharing model. As customers would choose their required furniture the AI tech built-in-to, the app would put forward personalized recommendations, thus marking a major innovation in the furniture industry whose current market value is almost $600 billion.
Customers can access both interior designing as well as furniture shopping services provided by DecorMatters, which helps them to explore what various retailers have put on offer. What distinguishes it from the other apps is the kind of technology that it uses i.e., the incorporation of AI and AR technology into the design projects and how this has improved the experience of their customers with a range of personalized choices. This has made DecorMatters a leader in providing a holistic experience of ‘discovering, designing and purchasing’ of furniture which the consumer feels is perfect for their space and is also guided professionally through the app. Blockchain technology would further help the start-up to expand its base among customers who are highly choosy about their designs and seek perfection in their purchase. The $10 million funding would bring in a unique and enhanced experience for all, from casual buyers to furniture connoisseurs and professional designers.
The CEO of DecorMatters has further remarked that,
