Virtual Staging AI

Virtual Staging AI is a startup from Harvard Innovation Labs that provides an AI-powered virtual staging solution for real estate professionals. The company's tool allows realtors to digitally furnish and decorate empty rooms within seconds, enabling them to showcase properties in a more visually appealing way. Virtual Staging AI's AI model analyzes the structure of a room and places furniture based on the realtor's preferences, offering various design styles like modern, Scandinavian, and mid-century. The tool is easy to use and accessible, catering to the needs of the real estate industry where the median age of agents is 60.

Virtual Staging AI's business model revolves around offering affordable monthly subscription plans, with the cheapest plan costing USD 12 per month for six photos and the most expensive plan costing USD 69 per month for 250 photos. As of February 2024, the startup had 4,500 monthly paid subscribers and generated over half a million renders per month, achieving USD 1 million in annual recurring revenue (ARR) over the past 10 months.