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Renude
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Renude.co is an award-winning, AI-powered, skincare concierge service == Summary<ref>Source: the company and Seedrs.</ref> == <vimeo>731798994</vimeo> == Introduction == Powered by our aestheticians and cutting-edge Computer Vision AI, Renude matches products from an expertly curated selection of the world's best-loved, results-driven skincare brands, delivering them to your door. We’ve achieved incredible results for our users with 90% seeing improvements within weeks. Our research shows 62% of products purchased don’t work well enough for consumers to buy again and half are discarded before they're finished. Private skin specialists come at a premium, in-store advisors are swayed by sales targets, and products seen online are often just adverts in disguise. Who has time for this! Powered by almost 1 million data points and built with almost 50 years of clinical expertise, our proprietary computer vision AI analyses your skin whilst machine learning instantly tailors recommendations based on: ✅ AI Image Analysis of Skin ✅ Skin Type and Concerns ✅ Sensory/Texture Preferences ✅ Ingredients Preferences ✅ Allergies and Intolerances ✅ Medical Contraindications == Substantial accomplishments to date == 🙌 We’re growing fast With an average 54% increase in new members, every month, over the last 6 months 🧴 Business is Booming We’ve created over 9,000 skincare routines and shipped more than 2,000 orders! 🏆 Winning Renude won Tech Nation’s Rising Stars 2022 and their prestigious Applied AI Award ❤️ “You Like Me, You Really Like Me” Leading beauty press are “genuinely really impressed with Renude” and the positive reviews keep on coming == Monetisation strategy == We generate revenue from product sales. Each customer joins as a member and every 3 months, they top up their Renude account by £20. This £20 is fully redeemable against product purchases, gaining them access to our incredible service and unlimited advice for no additional cost – and paying no more than RRP for their products! We take a wholesale margin of 35-50% on product sales, which continue to improve over time as order volumes increase. We are also in advanced discussions with one of the world’s largest luxury online retailers to licence our service B2B, providing even more revenue opportunity. == Use of proceeds == 🎯 Continue Membership Growth Hit our ambitious growth and revenue targets 📣 Shout from the rooftops Boost our organic search and social reach to a targeted 40% channel mix 🤖 Expand AI skin diagnostics Reduce the time required by our experts by a targeted additional 80% ⭐️ Launch B2B Partnerships Aim to licence our AI to leading, global ecommerce companies 💊 Explore skin prescriptions Aim to partner with online pharmacies to trial a prescription offering == References and notes == __INDEX__
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