SnapNest
Date of Foundation
2024

SnapNest

Economical, Eco-friendly, Stylish Convenience.

The Idea origin story

At SnapNest, we provide all-inclusive, customizable rental packages catering to various lifestyles. Our offerings range from kitchenware to functional furniture, designed for different price tiers. This approach enables our customers, predominantly students, interns, expats, and short-term renters, to instantly furnish their spaces based on their preferences and without long-term commitment. We prioritize hassle-free service and sustainability.

The Mission

At SnapNest, we empower renters by providing affordable, customizable and sustainable rental packages for an instant home setup.

Clients

Students and Interns New Tenants and Expats Short-Term Renters and Digital Nomads

Problems we solve

Client’s problem

high upfront costs, the hassle of shopping for multiple items, and the commitment of ownership. the process of setting up a comfortable and stylish home can be overwhelming and expensive.

Confirmation of problem

more than 10% of the population of the US live in a new place of residence each year

Solution

Our startup provides customers with affordable, eco-friendly, and stylish home essentials as a subscription. This service eliminates high upfront costs and shopping hassles while offering flexibility to students, interns, expats, short-term renters and digital nomads who constantly move around

Our technologies

This solution is based on technologies

E-commerce platform, Inventory Management system, AI for personalization, and IoT for tracking.

How it works

order the package best suited, choose date to deliver, choose to pay for set up or set up yourself. give at least 1 month notice before end and choose either self pack up or have someone pack up.

Value for the client

At SnapNest, we provide customizable rental packages for cost-effective, convenient home setup and reduce shopping hassle & ownership obligation.

Market and strategy

Market size

3.5

mln/year

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

Market share goal

10

% of the market

Is our goal in the next 3 years

Team

My name’s

Chithira Mamallan

My key role in the product

My key role is the founder and I'm responsible for shaping the overall vision, attracting investors, and ensuring our startup's success.

Team size and key members

Our team consists of key partners from warehousing, skilled software engineers for system building, dedicated customer support staff and hard-working laborers to manage furniture logistics.

Competitors

Competitors

Beyond traditional furniture rental services and outright purchases, potential competitors could include innovative interior design firms offering rented space, online marketplaces for second-hand furniture and sustainable furniture brands.

Our Advantages

We offer customizable furnishings from a range of reputable suppliers. Teaming up with both economical and upscale brands like Williams Sonoma, West Elm, Pottery Barn enhances variety without compromising on quality or budget.

Business model

We generate revenue through monthly furniture rentals, an upfront deposit, and optional end-term purchases. Tenants may also pass on terms.

Traction

Our product is currently in the idea stage. Our team is dedicating its efforts on refining the concept, studying market feasibility, and forming potential strategies for implementation. We are operating with ambition but also due diligence to create a successful launchpad.

Metrics

Our product metrics focus on the popularity of standard packages, customization frequency, typical term duration and geographical demand. We keep a careful analysis to optimize our offerings based on these insightful data trends.

Incorporation

Our company incorporated in

Key risks

The main risks of our startup could be potential logistical challenges, handling wear and tear of the rentals, economic downturn impacting tenants' ability to continue subscriptions, as well as competition from similar service providers.

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

Open positions

Article

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Additional information

Idea