FootSnap AG

Welcome to FootSnap, where we lead the way in delivering cutting-edge solutions to the footwear industry. Our pioneering technology leverages state-of-the-art 3D scanning on smartphones to mitigate the issue of shoe returns caused by sizing discrepancies, catering to both online and offline retail establishments. Our streamlined scanning procedure ensures customers receive precise foot measurements and tailored fit recommendations, simplifying future footwear purchases while minimizing the incidence of returns due to sizing inaccuracies.

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FINANCIAL PERFORMANCE

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INVESTMENTS

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How much of this round already committed?

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When are you aiming to close this round?

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TEAM

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Is there a founder with previous Exit Experience?

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Is there a women founder with at least 5% of the shares?

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Is there a founder with a EUR / Erasmus MC or TUDelft relation?

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Year founded

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Premium Details

(Data is self reported)

FINANCIAL PERFORMANCE

Monthly Revenue

pre-revenue

Growth rate month over month

0-4%

Monthly revenue context

Number of paying customers

Monthly active users

INVESTMENTS

Do you have a lead investor?

No, I have 3 candidates who may want to take the lead, tbd in the next days. We just passed the Due Diligence phase at SICTIC and Valtech and they are now looking into the term sheet

How much have you raised in the past?

Angels: 1.800.000 (having to survive corona along the way without revenue)

How much of this round already committed?

400000

When are you aiming to close this round?

Q4, given the situation with SICTIC and Valtech

TEAM

How much time do the founders spend on the business?

100%

Is there a founder with previous co-founder / c-level at startup experience?

Yes

Is there a founder with previous Sector Experience?

Yes

Is there a founder with previous Exit Experience?

What percentage of company is owned by founders?

<50% owned by founders

Is there a women founder with at least 5% of the shares?

Yes

Is there a founder with a EUR / Erasmus MC or TUDelft relation?

Graduation year from EUR, Erasmus MC or TUDelft

OTHER

Year founded

2019

Patent status

research already done, applying soon

Basic details

Amount raising

1500000

Country

Switzerland

Industry

AI/ML, Climate, Ecommerce, DeepTech, Fashion, Health

Website

https://www.footsnap.com/

Founders

Last updated:

November 27, 2023

Key Achievements

Our technology super easy to use and is not just build for fitting shoes, although that is our entree point. our scans are so accurate that: a) we predict not just the right size but the right fit, b) thanks the level of accuracy, Orthopedic surgeons will start using our technology in the coming months for 1) pre-assesment, 2) pre- operative scanning, 3) post operative scanning and shoe fitting recommendation for better and faster healing. We can also scan all other limbs and use those scans for similar purposes. Our scans are so detailed that live-like prothesis are no longer theory.
Our Team is the drive of our venture, we have built a team of industry experts, onboarded recently our own tech developers, experienced and visionary entrepreneurs. We have set up 2 exclusive partnerships with the 2 market leading 3D CAD & PDM software suppliers in the Shoe industry: Strategies S.A.S. from Paris and ATOM s.p.a. from Milano (Vivevano) Our technology got a warm welcome this september at the MICAM, SICAM and Lineapelle fair in Milano, where we managed to reconnect with our partners and targeted clients with whom wee now are in the process to set up pilots.

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