Stylib, a London, UK-based AI powered product discovery platform for architects, raised £1.5M in Pre-Seed funding.
The round was led by Foundamental, with participation from AEC/O software provider Nemetschek Group and Redstone Built World Strategy.
The company intends to use the funds to accelerate its product development and UK operation.
Founded by Noam Naveh (CEO) and Fabio Galicia (CTO), Stylib provides a platform for design professionals to search, review and specify architectural materials. Working with product suppliers and their designer customers, the startup is developing tools and technologies that leverage AI & architecture domain-knowledge to promote efficient specification journeys.
The company’s proprietary machine vision tools allow designers to use their own inspiration images to search for relevant products from trade suppliers. It is then coupled with its product database, which helps specifiers to further narrow down their search using technical filters that include information like sustainability criteria, fire rating, slip resistance and more. To complement its search technology, Stylib is developing tools such as digital moodboards and personalised material libraries, that help designers to manage their architectural materials’ knowledge base.
For instance, customers can integrate Stylib’s product discovery technology into their own websites using its API and widget solutions. Suppliers can manage their catalog database using the platform’s vertical Product Information System (PIM), which enriches their data using machine learning and has been designed to suit the needs of architectural product suppliers and manufacturers. They also benefit from search insights which inform them what the latest trends are based on analysis of user searches.
FinSMEs
21/07/2023