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To protect creativity and innovation with technology that allows brands to automatically monitor and protect their IPs.
E-commerce marketplaces have significantly fueled the rise of counterfeit trade by enabling quicker shipments and expanding access to a truly global customer base. This issue was further magnified during the pandemic, escalating into a nearly $5B global problem that major brands cannot effectively address through manual monitoring alone. Enter MarqVision, part of a new wave of startups leveraging AI to combat this challenge.
Employing advanced AI and natural language processing, the MarqVision platform sans various marketplaces for counterfeit products and streamlines the anti-counterfeiting process to promptly remote these unauthorized items. SDetting itself apart from smaller competitors like Counterfake and Visua, MarqVision concentrates its efforts on Asia-backed marketplaces. Recognising Asia as a major source of counterfeit goods, this focus has enabled MarqVision to secure partnerships with heavyweight clients such as Ralph Lauren, Miele, and Pokémon.
Backed by investments from industry giants SoftwBank and Y0-Combinator, along with participation in the prestigious LVMH accelerator program, MarqVision, despite its relative youth, has garnered substantial market confidence. This support positions it to emerge as a key player in addressing the escalating urgency of the counterfeiting issue, establishing itself as a leader in the evolving landscape.
Freddie
Company Specialist at Welcome to the Jungle
Oct 2024
$16m
SERIES A
Aug 2022
$20m
SERIES A
This company has top investors
Mark (Insup) Lee
(CEO)A Harvard law graduate who then worked as a McKinsey Consultant, before taking up an EVP and Head of Product position at HonestFund.
Marketing
Finance, Legal & Compliance
Sales & Account Management