(1) Describe your startup.
Our smart timelapse camera enables cost effective data-based decision making in real estate, agriculture and the parking industry. ZEITDICE uses patent-pending proprietary hardware that takes less than a minute to setup and delivers insights without expensive camera installation.
(2) What inspired the creation of the startup?
Timelapse photography enables humans to see patterns over a long period of time. Computers are becoming more capable of recognizing patterns, so we figured computers will be able to help human society understand patterns if we make timelapse photography easily available to computers.
(3) What differentiates your startup from the competition?
We focused right away on long term pattern recognition and are creating patents around that. Our approach is very different compared to a computer vision system that needs real time decisions. Client’s love what we have because it’s so much easier to setup than anything else they have ever tried. (4) Who is the target market?
For the construction industry we already have international distribution. We are expanding into agriculture and parking where our technology is in high demand.
(5) How did you grow your presence in your target market?
We have a solution to a problem people are desperate to have solved (long term visual documentation). So far word of mouth is all we needed to grow the business.
(6) What stage are you at?
Shipping, Pre-Seed, financed through pre-sales and some family & friends money. With product shipping every month creating more recurring revenue, our unit economics are working already. Looking for growth capital.
(7) What are some of the biggest challenges that your startup have had to overcome?
Hardware comes with challenges we underestimated. We invested early in manufacturing trying to meet shipping deadlines while later loosing it all since we had to rebuild the product from scratch. We recovered since our clients were willing to wait and place more orders.
(8) What is next for the startup?
Growth capital for our next generation product to meet the demand in our markets.
(9) Where would you like to be in the next 5 years?
ZEITDice Technology will be established as the go to platform for computer vision in real estate, agriculture and parking. Whoever wants to add smart computer vision to their systems will consider us first.
(10) If you had to give one piece of advice to an up and coming startup what would it be?
Keep taking to your (potential) clients as much as you can, their problems can lead you to very valuable solutions.
To visit website, click link below:
Leave a Reply