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WeLivv isn't accepting new investments

WeLivv’s deadline was January 1, 2020

Follow the company to stay updated on their progress, including future investment opportunities


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WeLivv

Search & shop home furnishings through curated interior design photos
Household Goods B2C
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Featured image of WeLivv
Fully Funded
$1,070,000
Raised
4,021
Investors
Successfully funded and closed on January 1, 2020.
Invest in WeLivv

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Closed on January 1, 2020. Information may not be up-to-date. Campaign closed on January 1, 2020. Information displayed may not be up-to-date.

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by WeLivv Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
WeLivv Crowd SAFE WeLivv Form C:A.pdf WeLivv Form C.pdf
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Hear from some of the 4,021 investors in WeLivv


Show more

Deal highlights

  • Tapping into the $500B+ US home decor market 
  • Enabling interactive product discovery through curated photos of peoples’ homes 
  • Access to approximately 4 million interior design photos and growing 
  • Uniquely positioned to enable shopping for the exact items shown in interior designs
  • Partnerships with top home furnishings brands incl. Vitra, Kartell, Artemide, Moooi
  • Enrollment rates of 65% and conversion rates of 80% of those enrolled

Shopping for furniture is hard

Products are presented in a vacuum and the brand names behind them are not recognizable, making it difficult to shop the category online. 

For the average person, shopping for furniture online is hard, especially for mid-to-higher end products. Given that products are typically presented in a vacuum through online marketplaces and e-commerce sites, shoppers can only rely on price to indicate the quality and caliber of products. This is not reliable and results in only about 8% of the mid-to-higher end of the market (16% of total $500 billion US market) being captured online, while all e-retailers compete for the same shoppers, with acquisition costs up to 60% of the total revenue. 

Seeing home furnishings in photos of the homes where they’re already being used helps consumers imagine the product in their own home. However, digital publications like Architectural Digest and Interior Design Magazine, as well as content platforms like Houzz, Pinterest, and Instagram—which all provide inspiring, authentic interior design photos that can facilitate understanding of the products they feature - rarely contain accurate product tags making them unreliable for discovering and purchasing products.

*We estimate 8% and 60% based on public reports and independent research.


WeLivv marries content and commerce to make home design simple

WeLivv’s solution is simple - to integrate both content and commerce on a single online platform. The company is amassing millions of curated interior design photos and is uniquely positioned to enable product discovery and shopping of the items within them.  

The platform creates a personalized and interactive shopping experience that makes discovery and shopping simple both for design professionals and consumers alike. With our immersive presentation, shoppers can use a smart search function to curate their spaces, discover new brands, and purchase products all within the same platform.

Users can tailor our website to their preference. Our smart search function gives users multiple options to search by product type or photos of design concepts. Search results can be refined on the fly based on user preferences. And users can also find new products by interacting with designers they follow or through editorial campaigns. 


65% enrollment rate

We’ve developed the foundation of the platform and we have some traction: we’ve amassed approximately 4 million curated photos already from about 8,000k of the best designers in the US and abroad. We’ve also added approximately 40,000 products to our marketplace. This formula works and is something we are looking to expand as quickly as possible. But perhaps even more important is the data moat which will uniquely enable shopping directly through the greatest interior design images.  This will vastly improve user experiences and open up a significant portion of the consumer market, those who find it very difficult to shop this category on their own today. 

*We estimate the 65% enrollment rate based on consistent figures from email tests.


WeLivv benefits designers, brands, and their customers

Through the WeLivv platform, there is a symbiotic relationship between the 3 primary user-types: the design professionals who are publishing their interior designs, the brands who make the products featured in the interior designs available for on platform purchase, and the consumer who is able to more efficiently discover and better understand both products and design professionals who meet their preferences. 

As we create a community of designers, we ensure that their content inspires the consumer while simultaneously uplifting brands. Participating designers, through their published photos, gain exposure and business development opportunities for their business, while brands enjoy increased market penetration among a significant and previously ignored market segment. Consumers, as the third part of our customer base, enjoy personalized, interactive content they know is curated by design professionals looking to provide a real-world simulation of their potential new home, facilitating product discovery and shopping.


30-50% revenue from each sale

WeLivv earns between 30-50% revenue off of products sold in the marketplace. As we expand to more brand partnerships and to reach more designers and customers, this number will only increase our bottom line.


Addressing a $500B+ industry in the US alone

The US alone accounts for $500B+ in the home decor market annually. As of now, our initial target market is composed of 100K+ design professionals in the US and Canada. These designers represent 32% of the total home-goods sales annually and open up our launch market to $110B+. 

Only 16% of that is e-commerce, and it is estimated that the online market will grow by 72% by 2021. In the next two years, our market will be looking at a $62B+ jump in e-commerce alone. 




Raised $900K to date

WeLivv has raised $900,000 on a convertible note from both friends & family, as well as prominent industry investors.

Catalyzing results: technology, users, revenue, and proprietary data

Despite impressive traction, all of the company’s results are based entirely off of platform and campaign testing. Once reaching our fundraising goal, WeLivv will officially launch which will include a comprehensive release of new platform features and functions, aggressive expansion of our seller program which targets making 250k curated home-good products available for on platform discovery and purchase within 1 year, as well as an integrated branding and marketing strategy including the relaunch of our proprietary user growth program which yields 65% enrollment. 

In parallel, our engineering team will remain focused on our broader product development initiatives facilitated by our unique position to accurately identify and tag products featured in the millions of interior design images we’re amassing. These initiatives include a mobile experience which will digitally connect consumers to our platform through physical products they come across anywhere, the ability to see products of interest - no matter where they are discovered - in photos of where they’re already being used anywhere in the world, and the ability to discover design ideas, professionals, and products in a rich, interactive way. 



Core team has founded 3 startups and had 1 exit


Together we can transform the future of search, discovery, and shopping through the integration of content and commerce, starting with the $500B home goods market. 

Be part of the very start of something revolutionary. 


Deal terms


Valuation cap

$20,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

24%

If a trigger event for WeLivv occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that WeLivv is accepting.
Learn more

Funding goal

$1.07M

The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
WeLivv needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by WeLivv Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
WeLivv Crowd SAFE WeLivv Form C:A.pdf WeLivv Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in WeLivv.
Invest
$250
Receive
  • Early access to @handles
  • "Investor" badge on your WeLivv profile 
Invest
$500
Receive
  • All of the above, plus…
  • Thank you shout out on Twitter by our CEO
  • Ability to invite select friends and family to platform
  • WeLivv partner hat
Invest
$1,000
Receive
  • All of the above, plus…
  • 20% off all purchases 
  • Designer spotlight profile (with “Investor” badge) on WeLivv.com (guaranteed 5,000 impressions).
  • WeLivv partner t-shirt
Invest
$2,500
Receive
  • All of the above, plus…
  • 30% off purchases (replaces 20%)
  • (10) $100 Gift Cards to give out
Invest
$5,000
Receive
  • All of the above, plus…
  • Personal phone call from our founder + regular investor update emails with deeper insights on company status and progress
  • Exclusive early access to Beta products and parties / events
Invest
$10,000
Receive
  • All of the above, plus…
  • Private Dinner with the core team at SohoHouse, NYC (travel not included)
  • 1:1 Q&A call + invite to ongoing interactive semi-annual investor meetings (via Zoom/Google Hangout) 
  • Select Featured Designer to be included in WeLivv brand video (estimated to receive hundreds of thousands of views)
Invest
$25,000
Receive
  • All of the above, plus…
  • Join regularly scheduled bi-annual, private investor meetings and provide feedback during brainstorming/strategy sessions
Invest
$50,000
Receive
  • All of the above, plus…
  • Flight and accommodation for a 3-night design-trip to your choice of Milan, IT for Salone del Mobile or Paris, FR for Maison de Objet, with founder

Why others invested

See all reviews (0) See all (0)

I have sold furniture at a locally owned furniture company that was 35 years old with 2 stores and its own warehouse. I sold furniture at a Macy's in Reno, Nevada. Online furniture sales will explode and has a lot of room to do so. Great platform.

Profile picture of David Will
David Will
Investor
almost 6 years ago

Any business that is consumer driven with consumable goods has to be a good business to invest in. WeLivv seems to capture both facets of this venture with their product. It will save time and money for all and sundry, involved in home furnishing.

Profile picture of Lloyd Martin
Lloyd Martin
Investor
almost 6 years ago

I like interior designing & furnishing houses being in the real estate development. I truly believe that this product will ease-up the burden of home furniture & fixture buyers and will become a hit in the very near future! Kudos WeLivv!!

Profile picture of Emmanuel Molion
Emmanuel Molion
Active investor
almost 6 years ago

About WeLivv

Legal Name
WeLivv Inc.
Founded
Apr 2016
Form
Delaware Corporation
Employees
1
Website
moro.com
Social Media
Headquarters
Google Map location of of WeLivv
417 5th Avenue , New York, NY
Headquarters
417 5th Avenue, New York, NY, United States 10016

WeLivv Team
Everyone helping build WeLivv, not limited to employees

Profile picture of Andrew Christodoulides
Andrew Christodoulides
Founder
Founded 3 businesses. Started 1st business (Acena) with $500 and later sold it for over $3mm. He then started home décor e-commerce site Original Pad which grew to $4mm in annual revenue within 4.5 yrs. Beta launched WeLivv in July '17.
Profile picture of Chris Christodoulides
Chris Christodoulides
Business Development Manager
Profile picture of Dmitriy Zaytsev
Dmitriy Zaytsev
Lead Software Developer
Profile picture of Jose Coreas
Jose Coreas
Operations Manager
Profile picture of Ben Uretsky
Ben Uretsky
Board Advisor
Profile picture of Laurence Levi
Laurence Levi
Board Member, Advisor
3 more team members
Andrew Christodoulides
Founder
Chris Christodoulides
Business Development Manager
Dmitriy Zaytsev
Lead Software Developer
Jose Coreas
Operations Manager
Ben Uretsky
Board Advisor
Laurence Levi
Board Member, Advisor
Logo of WeLivv

WeLivv

WeLivv successfully raised $1,070,000 from 4021 investors on January 1, 2020
Profile picture of Stephen Whitman
Profile picture of Mary J Monusky
Profile picture of Cleve Boothman
Profile picture of Xuanhanh Duong
Profile picture of edward Brockie
Stephen, Mary J, Cleve, Xuanhanh, edward, and 4016 others invested. 924 Reviews
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