Depict
Building the digital art economy
Top Tier Investor
Overview
We founded Depict so that everyone can enjoy beautiful art in their home. The Depict app is a gateway to discover a wide range of art, from cutting edge digital artists to the digital archives of the old masters. And we built the Depict Frame, a gorgeous digital canvas, so that you could have a museum quality way to see and enjoy all of these beautiful works in your own home.
Art is a substantial market ($151B), larger than books, movies and music, but its old school, analogue model forces expensive ownership and zero flexibility, turning off a huge potential market of today’s consumers. Depict is targeted at 25 - 40 year olds who want on-demand, customizable media at the touch of a button.
The business opportunity is significant - Depict’s early target market includes 82 million US consumers in three highly targetable segments, and the financial engine of the business is reoccurring monthly content revenue at margins >80%.
Art is a substantial market ($151B), larger than books, movies and music, but its old school, analogue model forces expensive ownership and zero flexibility, turning off a huge potential market of today’s consumers. Depict is targeted at 25 - 40 year olds who want on-demand, customizable media at the touch of a button.
The business opportunity is significant - Depict’s early target market includes 82 million US consumers in three highly targetable segments, and the financial engine of the business is reoccurring monthly content revenue at margins >80%.
Industries
Digital Media
Art
Internet of Things
Connected Devices
