No-code design sprints that raised $2.5 million seed fund
Alcove is a seed stage Startup from one of the largest VC funds Menlo Ventures. Alcove empowers designers with communication and procurement management tools to better manage products as they move through the wholesale logistics network. It’s a tool for interior designers that helps them save time and make the procurement process smoother and more accessible.
We collaborated with Alcove and with design quick sprint help to validate the idea, build the MVP version and raise fundraise.
The procurement process is complex and tools aren’t fit
for purpose. Interior designers experience many pain points when handling the large volume of communication necessary in the procurement process.
With designers’ current systems, the tracking and logistical information are manually updated on spreadsheets. A considerable amount of non-billable time is spent tracking products with multiple vendors and points of contact as they move through the wholesale logistical network. Designers will manage logistical considerations such as purchase orders, coordinating receiving, inspections, accounting, and unforeseen events. In addition to gathering relevant information, designers are spending time updating spreadsheets and communicating updates to clients.
The goal of this project was to understand interior designers’ problems on a deeper level, make solutions that fit target audience’s needs, and validate the idea to be sure that the solutions fit the market. Also, we had a goal to create an MVP version of the product based on data we received from user research.
Our purpose was to create a tool that should help interior designers spend less time managing orders by making the whole order management process in one centralized tool so they can concentrate more time on designing.
We designed the product based on deep research and user interviews. UCD methodology allowed us to identify core problems and as a result, we provided the relevant solutions.
Having an MVP version of the product that fit market and tested, we helped to create investor pitches and raise $2.5 million in funds in the seed stage.
CEO at ALCOVE