FounderPartners
FounderPartners is a venture capital firm based in San Francisco, California, founded in 2013. The firm specializes in building and investing in mobile, internet, and software companies, particularly focusing on SaaS, API services, blockchain, and cloud-based solutions. FounderPartners aims to assist technical founders in unlocking their potential and increasing the likelihood of their companies' success. By joining companies as minority co-founders, the firm plays an active role in decision-making, thereby enhancing their outcomes. With a strong track record, FounderPartners boasts an 85% success rate, having co-founded and/or invested in 27 companies, of which 12 have been sold, 8 are profitable, and 3 are experiencing rapid growth. The firm leverages its accumulated knowledge and experience as entrepreneurs to help companies execute their strategies more effectively.
BCG reported that 70% of Gen Z discover products through content platforms, not directly on a retailer website. Social commerce is NOW. The global fashion E-commerce digital advertising allocation is $200 billion. Mai is making social visual discovery shopping a reality on every photo and video across any social platforms or devices. Viewers can click and shop the clothing they see while watching videos, such as TV shows, movies, and other digital media. Mai bridges the gap between social content and e-commerce, through a fully-automated AI computer vision technology, a sophisticated e-commerce bidding system, and a user personalization system. At Mai, we have spent three years working with top computer vision AI scientists, AI engineers, and fashion experts that created the world’s 1st fully automated video fashion shopping solution. We are connected with numerous top global e-commerce platforms, with total 200M SKUs available, daily updated with an out-of-stock rate <3%. Moreover, Mai is already live with two of the biggest social content platforms in Asia, with more to come. Mai has won the No.1 winner of MIT AI Idol contest in Jul 2020, and also won the title of “Most fundable company by investment value” at the biggest Asia Internet Conference in Nov 2020.
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