Level 1 Sponsor
LexSet is a computer vision and search company building the next generation of Vision AI for Interior Design. LexSet’s B2B SaaS tools are initially directed at large furniture retailers’ and contract furniture sellers. E-commerce furniture is presently estimated as a $65B market, while contract furniture in North America is estimated to be a $18B market. LexSet directly impacts critical KPIs for furniture retailers and contract sellers by efficiently matching products with spaces--thereby eliminating time and friction in the discovery and design process.
LexSet has strong moats to keep and grow the business we capture. Our proprietary synthetic ML data generation engine is the first of its kind in the furniture business and allows us to generate nearly infinite sets of training data for our AI--resolving a critical limitation for computer vision systems in the Interior Design space. The company holds an exclusive license to 38 patents and applications. And, because LexSet is offering best in class Visual Search now, while building the next generation of 3D tools for the future, we can capture and keep clients as their needs grow.