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[[File:StyleRow logo.jpg|thumb|StyleRow logo.]]
SaaS + Marketplace to streamline purchasing in the interior design industry
SaaS + marketplace to streamline purchasing in the interior design industry


== Summary<ref name=":0">Source: Republic.</ref> ==
== Summary<ref name=":0" /> ==
*StyleRow is designed to streamline important business processes for design professionals
*Streamlining critical business processes for design professionals
*$1 million run rate from software-as-a-service (SaaS) alone
*$1M run rate from SaaS alone
*New revenue stream: adding payments & marketplace transactions in 2022/2023
*New revenue stream: adding payments & marketplace transactions in 2022/2023
*Current small and medium-sized businesses users have added over $1 billion of products to their StyleRow projects
*Current SMB users have added over $1B of product to their StyleRow projects
*$760 billion market: bringing massive pools of legacy business-to-business (B2B spend online
*$760B market: bringing massive pools of legacy B2B spend online
[[File:StyleRow summary video.mp4]]


==Problem<ref name=":0" />==
==Problem<ref name=":0" />==
Architects & design professionals purchase tens of billions in products each year, primarily offline. Offline purchase makes for a slow and inefficient process, which hinders growth potential for design professionals and the brands that they purchase from.
'''Design & architecture is a massive underserved market'''


Fragmented workflow and archaic processes for this multi-billion dollar industry. Project management is a mess, with PDFs sent via email and documents stored in different locations. Many designers are faxing in orders and mailing checks to vendors.  
Architects & Design Professionals purchase tens of billions in products each year—primarily offline. This makes for a slow and inefficient market, which hinders growth potential for design professionals and the brands that they purchase from.
 
''StyleRow solves this problem.''
 
'''The typical design process'''
 
Fragmented workflow and archaic processes for this multi-billion dollar industry. Project management is a mess, with PDFs sent via email and documents stored in different locations.  Designers are faxing in orders and mailing checks to vendors.
 
StyleRow offers one digital solution for the entire workflow.


==Solution<ref name=":0" />==
==Solution<ref name=":0" />==
StyleRow's SaaS platform & B2B marketplace streamlines critical business processes for design professionals, and is used by thousands of firms with over $1B in their projects on its platform today.  


SaaS revenue alone is running at $1M in annual recurring revenue today and is expected to grow exponentially.<ref>''Click [https://republic.com/help/forward-looking-financial-projections-disclaimer-4ef66272-2004-415f-8f8b-031098212478 here] for important information regarding Financial Projections which are not guaranteed.''</ref>
=== The category-defining software platform for the Interior Design & Architecture space===
Its SaaS platform & B2B marketplace streamlines critical business processes for design professionals, and is used by thousands of firms with over $1B in their projects on its platform today.  
 
SaaS revenue alone is running at $1M in annual recurring revenue today and is positioned to grow exponentially.*


Now, StyleRow is ready to allow designers to collect “payments” from their client via the workflow tools (which StyleRow monetizes with a processing fee) & to connect “transactions” in its marketplace—so designers can purchase products from brands (which StyleRow monetizes with a commission on sales). This e-commerce revenue will layer on top of SaaS.
Now, StyleRow is ready to allow designers to collect “payments” from their client via the workflow tools (which StyleRow monetizes with a processing fee) & to connect “transactions” in its marketplace—so designers can purchase products from brands (which StyleRow monetizes with a commission on sales). This e-commerce revenue will layer on top of SaaS.


==Product<ref name=":0" /> ==
==Product<ref name=":0" /> ==
StyleRow has built along the natural workflow for design professionals, from the beginning of their project to the end—solving redundancy & streamlining communication along the way. Helping them solve the financial transactions from client payments to purchasing products comes next.
===Enterprise SaaS growth along a logical product roadmap===
We’ve built along the natural workflow for design professionals, from the beginning of their project to the end—solving redundancy & streamlining communication along the way. Helping them solve the financial transactions from client payments to purchasing products comes next.


StyleRow has built its platform to enable firms of all sizes to run their businesses more efficiently on StyleRow, while building a best-in-class marketplace in parallel.
We’ve thoughtfully built its platform to enable firms of all sizes to run their businesses more efficiently on StyleRow, while building a best-in-class marketplace in parallel.


StyleRow is ready to attract enterprise firms and to scale its product for SMB’s.  
We’re ready to attract Enterprise firms and to scale its solution for SMB’s.  


The next step for the company is to add payment processing and transactions.  
===Projects feature utilization===
Designers love its project management Tools. The next step is to add payment processing and transactions.


==Traction<ref name=":0" />==
==Traction<ref name=":0" />==
$1M run rate from SaaS alone
=== $1M run rate from SaaS alone===


Its current SMB design firm users have added over $1 billion of product to their projects on StyleRow.
=== Marketplace activity summary KPIs:===
Its current SMB design firm users have added over $1B of product to their projects on StyleRow.


==Business model<ref name=":0" />==
==Business model<ref name=":0" />==
===Currently: Profitable SaaS offerings for brands & designers===
===Currently: Profitable SaaS offerings for brands & designers===
SaaS only—one piece of the pie.
SaaS only—one piece of the pie


===2022 / 2023: Adding in payments & transactional marketplace revenue on top of SaaS ===
===2022 / 2023: Adding in payments & transactional marketplace revenue on top of SaaS ===
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==Market<ref name=":0" />==
==Market<ref name=":0" />==
===StyleRow is the category-defining platform for the built space===
Archaic processes and lack of software have kept this multi-billion dollar industry mailing checks and faxing in orders!
Archaic processes and lack of software have kept this multi-billion dollar industry mailing checks and faxing in orders!


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''“In 2021, retail e-commerce revenue (furniture and homeware) amounted to 132.7 billion U.S. and are projected to increase to over 208.2 billion in 2025.”  —Statista''
''“In 2021, retail e-commerce revenue (furniture and homeware) amounted to 132.7 billion U.S. and are projected to increase to over 208.2 billion in 2025.”  —Statista''
==Competition<ref name=":0" />==
===StyleRow does what others can't===


==Vision and strategy<ref name=":0" />==
==Vision and strategy<ref name=":0" />==
=== The huge growth ahead<ref>Click [https://republic.com/help/forward-looking-financial-projections-disclaimer-bda22d32-4ea8-4f51-8920-2d89729e29c8 here] for important information regarding Financial Projections which are not guaranteed.</ref>===
The StyleRow Marketplace has over 40,000 products from luxury and mid-tier furnishings brands across 20 product categories and growing.  
The StyleRow Marketplace has over 40,000 products from luxury and mid-tier furnishings brands across 20 product categories and growing.  


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'''The Company is not subject to Sarbanes-Oxley regulations and may lack the financial controls and procedures of public companies.'''
'''The Company is not subject to Sarbanes-Oxley regulations and may lack the financial controls and procedures of public companies.'''


The regulation of individual data is changing rapidly, and in unpredictable ways. A change in regulation could adversely affect its business, including causing its business model to no longer be viable. Costs associated with information security – such as investment in technology, the costs of compliance with consumer protection laws and costs resulting from consumer fraud – could cause its business and results of operations to suffer materially. Additionally, the success of its online operations depends upon the secure transmission of confidential information over public networks, including the use of cashless payments. The intentional or negligent actions of employees, business associates or third parties may undermine its security measures. As a result, unauthorized parties may obtain access to its data systems and misappropriate confidential data. There can be no assurance that advances in computer capabilities, new discoveries in the field of cryptography or other developments will prevent the compromise of its customer transaction processing capabilities and personal data. If any such compromise of its security or the security of information residing with its business associates or third parties were to occur, it could have a material adverse effect on its reputation, operating results and financial condition. Any compromise of its data security may materially increase the costs that StyleRow incurs to protect against such breaches and could subject the company to additional legal risk.
The regulation of individual data is changing rapidly, and in unpredictable ways. A change in regulation could adversely affect its business, including causing its business model to no longer be viable. Costs associated with information security – such as investment in technology, the costs of compliance with consumer protection laws and costs resulting from consumer fraud – could cause its business and results of operations to suffer materially. Additionally, the success of its online operations depends upon the secure transmission of confidential information over public networks, including the use of cashless payments. The intentional or negligent actions of employees, business associates or third parties may undermine its security measures. As a result, unauthorized parties may obtain access to its data systems and misappropriate confidential data. There can be no assurance that advances in computer capabilities, new discoveries in the field of cryptography or other developments will prevent the compromise of its customer transaction processing capabilities and personal data. If any such compromise of its security or the security of information residing with its business associates or third parties were to occur, it could have a material adverse effect on its reputation, operating results and financial condition. Any compromise of its data security may materially increase the costs that StyleRow incurs to protect against such breaches and could subject us to additional legal risk.


'''The use of individually identifiable data by its business, its business associates and third parties is regulated at the state, federal and international levels.'''
'''The use of individually identifiable data by its business, its business associates and third parties is regulated at the state, federal and international levels.'''
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'''Damage to its reputation could negatively impact its business, financial condition and results of operations.'''
'''Damage to its reputation could negatively impact its business, financial condition and results of operations.'''


Its reputation and the quality of its brand are critical to its business and success in existing markets and will be critical to its success as it enters new markets. Any incident that erodes consumer loyalty for its brand could significantly reduce its value and damage its business. StyleRow may be adversely affected by any negative publicity, regardless of its accuracy. Also, there has been a marked increase in the use of social media platforms and similar devices, including blogs, social media websites and other forms of internet-based communications that provide individuals with access to a broad audience of consumers and other interested persons. The availability of information on social media platforms is virtually immediate as is its impact. Information posted may be adverse to its interests or may be inaccurate, each of which may harm its performance, prospects or business. The harm may be immediate and may disseminate rapidly and broadly, without affording the company an opportunity for redress or correction.
Its reputation and the quality of its brand are critical to its business and success in existing markets and will be critical to its success as it enters new markets. Any incident that erodes consumer loyalty for its brand could significantly reduce its value and damage its business. StyleRow may be adversely affected by any negative publicity, regardless of its accuracy. Also, there has been a marked increase in the use of social media platforms and similar devices, including blogs, social media websites and other forms of internet-based communications that provide individuals with access to a broad audience of consumers and other interested persons. The availability of information on social media platforms is virtually immediate as is its impact. Information posted may be adverse to its interests or may be inaccurate, each of which may harm its performance, prospects or business. The harm may be immediate and may disseminate rapidly and broadly, without affording us an opportunity for redress or correction.


'''Although dependent on certain key personnel, the Company does not have any key person life insurance policies on any such people.'''
'''Although dependent on certain key personnel, the Company does not have any key person life insurance policies on any such people.'''
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'''StyleRow relies on various intellectual property rights, including licenses, in order to operate its business'''
'''StyleRow relies on various intellectual property rights, including licenses, in order to operate its business'''


The Company relies on certain intellectual property rights to operate its business. The Company’s intellectual property rights may not be sufficiently broad or otherwise may not provide the company a significant competitive advantage. In addition, the steps that StyleRow has taken to maintain and protect its intellectual property may not prevent it from being challenged, invalidated, circumvented or designed-around, particularly in countries where intellectual property rights are not highly developed or protected. In some circumstances, enforcement may not be available to the company because an infringer has a dominant intellectual property position or for other business reasons, or countries may require compulsory licensing of its intellectual property. Its failure to obtain or maintain intellectual property rights that convey competitive advantage, adequately protect its intellectual property or detect or prevent circumvention or unauthorized use of such property, could adversely impact its competitive position and results of operations. StyleRow also rely on nondisclosure and noncompetition agreements with employees, consultants and other parties to protect, in part, trade secrets and other proprietary rights. There can be no assurance that these agreements will adequately protect its trade secrets and other proprietary rights and will not be breached, that StyleRow will have adequate remedies for any breach, that others will not independently develop substantially equivalent proprietary information or that third parties will not otherwise gain access to its trade secrets or other proprietary rights. As StyleRow expands its business, protecting its intellectual property will become increasingly important. The protective steps StyleRow has taken may be inadequate to deter its competitors from using its proprietary information. In order to protect or enforce its intellectual property rights, StyleRow may be required to initiate litigation against third parties, such as infringement lawsuits. Also, these third parties may assert claims against the company with or without provocation. These lawsuits could be expensive, take significant time and could divert management’s attention from other business concerns. The law relating to the scope and validity of claims in the technology field in which StyleRow operates is still evolving and, consequently, intellectual property positions in its industry are generally uncertain. StyleRow cannot assure you that it will prevail in any of these potential suits or that the damages or other remedies awarded, if any, would be commercially valuable.
The Company relies on certain intellectual property rights to operate its business. The Company’s intellectual property rights may not be sufficiently broad or otherwise may not provide us a significant competitive advantage. In addition, the steps that StyleRow has taken to maintain and protect its intellectual property may not prevent it from being challenged, invalidated, circumvented or designed-around, particularly in countries where intellectual property rights are not highly developed or protected. In some circumstances, enforcement may not be available to us because an infringer has a dominant intellectual property position or for other business reasons, or countries may require compulsory licensing of its intellectual property. Its failure to obtain or maintain intellectual property rights that convey competitive advantage, adequately protect its intellectual property or detect or prevent circumvention or unauthorized use of such property, could adversely impact its competitive position and results of operations. StyleRow also rely on nondisclosure and noncompetition agreements with employees, consultants and other parties to protect, in part, trade secrets and other proprietary rights. There can be no assurance that these agreements will adequately protect its trade secrets and other proprietary rights and will not be breached, that StyleRow will have adequate remedies for any breach, that others will not independently develop substantially equivalent proprietary information or that third parties will not otherwise gain access to its trade secrets or other proprietary rights. As StyleRow expands its business, protecting its intellectual property will become increasingly important. The protective steps StyleRow has taken may be inadequate to deter its competitors from using its proprietary information. In order to protect or enforce its intellectual property rights, StyleRow may be required to initiate litigation against third parties, such as infringement lawsuits. Also, these third parties may assert claims against us with or without provocation. These lawsuits could be expensive, take significant time and could divert management’s attention from other business concerns. The law relating to the scope and validity of claims in the technology field in which StyleRow operates is still evolving and, consequently, intellectual property positions in its industry are generally uncertain. StyleRow cannot assure you that it will prevail in any of these potential suits or that the damages or other remedies awarded, if any, would be commercially valuable.


'''StyleRow rely on other companies to provide services for its products.'''
'''StyleRow rely on other companies to provide services for its products.'''
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== References and notes ==
== References and notes ==
<references />
[[Category:Thesis]]
[[Category:Equities]]
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