DAVEA

Overview
Furniture Tech?
Product stageSegments
Early
?
Online furniture rental platforms, Virtual 3D design
?

Davea is a marketplace for office furniture and office decor, where people can get inspired by cutting-edge 3D visualization technology. It employs 3D, augmented reality (AR), virtual reality (VR), and real-time rendering to allow users to plan and visualize their dream office spaces in photorealistic quality before making a purchase decision. Davea aims to solve the problem of people lacking the necessary spatial awareness to envision how furniture would look in a room.

The company takes a unique approach by presenting products solely through 3D visualizations instead of photographs. This allows for a highly customizable and interactive experience, enabling users to swap different furniture pieces, materials, and configurations to find their desired setup. Davea has access to various furniture manufacturers' databases, enabling them to visually present every individual product configuration.

In Fall 2024, Davea plans to launch its Virtual Decorator feature, which will allow users to design and furnish their dream room in photorealistic quality, leveraging gaming technology from Epic Games, the creators of Fortnite and Grand Theft Auto. This patented solution aims to provide an unparalleled visual experience for customers.

Davea's business model revolves around enabling customers to shop directly from the virtual 3D images through a 'Shop-the-look' functionality. The company expects double-digit annual growth in online furniture sales in the coming years, mirroring the trends observed in industries like apparel, bicycles, and food delivery.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Lürriperstraße 11 Mönchengladbach DEU
Founded year:
2019
Employees:
11-50
IPO status:
Private
Total funding:
-
Last Funding:
-
Last valuation:
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