VSALE P.C. Athens, Greece

Company Website: https://vsale.io

Company Email: info@vsale.io

Employees: 3

Funding State: Seed


Industries

  • RetailTech – E-Commerce - FashionTech

Technology

  • Software
  • Web or Mobile Application

Business Model

  • B2B2C

Revenue Model

  • Advertising
  • Commission Fee
  • Marketplace/Brokerage
  • Subscription

Funding Sources

  • Angel
  • Self

About

Almost 50% of stores globally cannot maintain an online presence (cost of creating and supporting an eshop, cost of promoting products online, cost of photo shooting and constantly uploading new products) Stores struggle with customer profiling and consequently creating personalized offers for them to promote customer loyalty. Shopping online lacks human interaction and on-demand information is not available. It lacks fun and the social aspect.


Solution & Product

The Vsale.io unique social shopping app offers a fast, simple, and secure solution to bring stores online, allowing users to buy online. With our AI analytics we create the persona of your customer and can send personalized offers to create loyalty. Customers can connect with a store via video call from anywhere, and get to know a product without setting foot in a store. We enhance the fun and social aspect by giving customers the ability to shop with their friends.


Innovation & Scalability

Brands should embrace the era of streamers, gamers and the always-online users. Vsale is developing technology and pathways to enable brands produce virtual goods for the digital world of gaming, offering exclusive digital offers. Associating the physical purchase with an accompanying digital item/skin, is only one of the ways we believe brands will ensure their access to the future consumers. We strongly believe that bespoke digital collections for digital avatars and characters, special item drops, streamers AR tools, cross-universe campaigns, locations-only launches, are definitely part of the near future and the Metaverse that VSale will part of. NFT support A 3D digital model (NFT) is created for every product that is listed in the VSale app, enabling the customer to simultaneously purchase physical products with their NFTs. Earn as you post functionality for influencers All products that are uploaded to VSale, are available to all users to simply copy paste and share to their social media. When a follower of theirs clicks the link and buys the product they automatically get paid via commission.


Traction & achievements

Our first milestone was the introduction to NFTs. All of uploaded products can be converted to NFTs and that gives the final customer a unique shopping experience as they can buy their product also in the Digital World of NFTs. Our next milestone was the contract with one of the biggest Malls in Greece "Athens Metro Mall" which uses are whitelable solution.


Team & Why Us

George Pappas Co-founder Former Asset & Portfolio Management Andres Laskaratos Co-founder Former Head Trader @ Glencore Pre-IPO and tech expert Agis Soleas CISO Experienced in Cybersecurity and Penetration testing. OSCP certified Dwight Merriman - Advisor Co-Founder DoubleClick Co-Founder MongoDB Dr.Nikolaos Laoutaris - Advisor Research Professor IMDEA Network Institute Madrid We can expand around the globe as our product is used as a SaaS so any retailer can use it. Currently we are in contact with big retail stores in Saudi Arabia and we are trying to expand to that region too. We don't believe that there is a barrier which can stop our potential growth.


Funding Needs

We seek 350.000€ in order to expand to more markets and make it global


ONE LINER

An M-Commerce App-as-a-service, plug and play solution, featuring Social, Live Shopping and more


TEAM


FUNDING

2021 - Seed, Angel EUR 300K, Private Investor

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