Our three-month-old AI-based Design tool - VisualizeAI was acquired for $30K in July this year.
VisualizeAI is a tool that helps Architects and interior Designers visualize their sketches, prototypes, and designs better and faster with AI.
β‘οΈHere's the Story ππ»
I have been tinkering around with Generative AI ever since I got my hands on text-to-image models last year. In an attempt to understand the space better and become a better early-stage investor, I started building projects to get some skin in the game.
Earlier this year, I came across something called ControlNet and was amazed by what it could do.
My co-founder I have been building products for quite some time now. My co-founder, being an Architect, instantly saw potential use cases of Controlnet in the field of Architecture and Interior Design. We dug deeper into the workflows of these domains and found a great use case that could help speed up the ideation process. We ended up with the idea of VisualizeAI.
We built out the first version in 5 days and got our first paying customer in the next couple of days.
This gave us early validation and we immediately jumped onto growth. We remained committed to enhancing the app based on user feedback while concurrently updating our AI models as needed.
In three months, We got π₯
β
22k+ Visitors
β
7K+ Users
β
$1500 in Revenue & $500 in MRR
All without spending a single $ on marketing
In June '22, we were approached by an upcoming Canada-based estate tech Startup that was interested in a potential collaboration or an acquisition.
Through our discussions, we realized that they were placed to take the project to the next level given that we had a lot more products to focus on.
We deliberated and agreed on the sale. It took us 3 weeks for us to complete the transfer.
This marks my second generative AI product sale. Sweet Small Wins β¨
For now, I am focusing on growing www.Audionotes.app and www.Podnotes.app, We have done ~40K in the last three months, but this is just the start π