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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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(Data is self reported)

FINANCIAL PERFORMANCE

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INVESTMENTS

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How much have you raised in the past?
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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

How much time do the founders spend on the business?
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Is there a founder with previous co-founder / c-level at startup experience?
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Is there a founder with previous Sector Experience?
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Is there a founder with previous Exit Experience?
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What percentage of company is owned by founders?
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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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Graduation year from EUR, Erasmus MC or TUDelft
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OTHER

Year founded
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Patent status
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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
0
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?
No
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
Founders
linkedin profile of founderlinkedin profile of founderlinkedin profile of founder
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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