Picasso
Date of Foundation
2024

Picasso

AI-powered personalized museum companion.

The Idea origin story

Picasso is an AI-powered platform transforming the museum experience by replacing outdated audio guides and maps with a personalized, interactive system. We digitize museum collections onto our software, creating a user-friendly app, Picasso Jr, offering tailored guides based on visitor preferences. Our solution includes custom tours for limited-time visitors, multilingual descriptions and a convenient digital platform, revolutionizing art appreciation.

The Mission

Empowering everyone with personalized, immersive museum experiences through Picasso, our innovative AI-powered platform

Clients

Our customers are the long-tail of smaller, under funded museums that have less than 50 person team but would like to grow their customer base.

Problems we solve

Client’s problem

Poor customer experience for visitors visiting the museum, which leads to low return rate, low donation rate, and low ticket sales

Confirmation of problem

Many museums struggle with low return rates and donations due to lackluster visitor experiences.

Solution

Adopt Picasso; invest upfront in digitizing collections and let us facilitate interactive audio guides, enhancing visitor engagement with no extra effort.

Our technologies

This solution is based on technologies

Artificial Intelligence, Augmented Reality, Machine Learning algorithms for personalization and Mobile App development.

How it works

Once museum staff upload collections to the Picasso platform, our AI creates personalized guides. Visitors access these through our app for a custom experience.

Value for the client

Picasso Jr. enhances museum experiences with personalized, interactive guides, promoting engagement and increasing ticket sales for less funded museums.

Market and strategy

Market size

350

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

5

% of the market

Is our goal in the next 3 years

Team

My name’s

Hyunsun Ahn

My key role in the product

As the CEO and Founder of our startup, my primary role encompasses driving business development and crafting strategic growth plans.

Team size and key members

Currently, my team is in the recruitment phase. I'm exploring co-founders, developers, and marketing professionals to join us.

Competitors

Competitors

Given your AI-powered, personalized museum companion project, other possible competitors might extend to virtual tour companies or AR/VR educational platforms which also offer immersive cultural experiences.

Our Advantages

We are a one-stop solution for collections onboarding to end-user experience, offering seamless integration. As a result of minimal initial setup, our software takes charge and simplifies operations for customers efficiently.

Business model

$1000 for software annually. Clients pay $3K upfront set up fee and $1K recurring fee to use the software

Traction

We've successfully transitioned from ideation to action, engaging with over 100 interested individuals and initiating dialogues with three potential museum clients.

Metrics

Currently, we are in the process of identifying key performance metrics to keep track of our growth and user engagement. We recognize their importance for a data-informed strategy execution.

Incorporation

Our company incorporated in

Key risks

Main risks for my startup include dependency on museums' willingness to digitize, overhead costs for maintaining AI technology and system updates, ensuring constant visitor engagement with the app, and potential competition from similar digital technologies.

Investments

$

We raised investments

Our Investors

Rising Investments

$

Currently, we are raising investments

$

Estimated pre-investment valuation of the company

We’re looking for a co-founders

I'm seeking a truly passionate co-founder for my startup, Picasso, an AI-powered, personalized museum guide. The mission of our startup is to empower everyone with personalized, immersive museum experiences. The role I need to fill is for a co-founder with expertise in AI and Machine Learning technologies who can take ownership of the technical side of the startup – leading the development of our platform and overseeing all technological aspects of Picasso. This role will include tasks like developing the algorithm that our AI will use to personalize tours for each user and troubleshooting any technical issues within the app. This role would be well-suited to someone who has a genuine interest in providing a whole new level of museum experience – one that's personalized and interactive.

Open positions

We are currently in search of an experienced Full Stack Developer to join our dynamic team at Picasso. As a startup focusing on enhancing the museum experience through an AI-powered platform, we are passionate about transforming how people engage with art and culture Responsibilities include: 1. Working closely with the founding team to shape our technical architecture and roadmap. 2. Building web and mobile applications. 3. Improving system quality by identifying issues and common patterns, and developing standard operating procedures. 4. Enhancing applications by identifying opportunities for improvement, making recommendations and designing and implementing systems. Required Skills: 1. Proficient knowledge of a back-end programming language such as Python, Ruby, Java, .NET, JavaScript etc. 2. Understanding of front-end technologies and platforms, such as JavaScript, HTML5, and CSS3 3. Meaningful experience with user interface design, UX design and software development in a test-driven environment.

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