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Marvin Labs

Uber for Mold Inspection - Powered by AI and IoT
Austin, San Francisco

About Marvin Labs

Mold is emerging as this generations' asbestos.

Marvin Labs is revolutionizing the rapidly growing $5B mold inspection industry with their suite of AI and IoT technologies. Traditional mold inspection relies on expensive off-site laboratory analysis of site samples which can take up to a week. With Marvin Labs, inspectors provide rapid on-site mold testing results enabled by AI.

Our Key Technologies:

Marvin Lens, our AI powered robotic microscope for automated mold/asbestos analysis. (Launched! Patented, and Patent Pending) - With Lens, inspectors and remediators can perform mold and asbestos sample analysis themselves, eliminating the third-party lab, and enabling same day result turnaround. See more at: marvinlabservices.com

Marvin Air: our world first all-in-one Indoor Air Quality monitor with toxic mold detection (Pre-order, Patent pending) - Air is designed for businesses and consumers to detect problem mold before it begins to impact health and property. If mold is detection a follow-up mold inspection is required. See more at: mvlabs.ai/air

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Problem statement

Every year hundreds of millions of people are exposed to asbestos and mold in the built environment causing cancer, severe illness, death, and many billions in economic losses. To mitigate exposure risks, a multi-billion dollar inspection and consulting industry exists.

For properties suspected of mold or asbestos contamination, an inspector attends the property, collects samples, and sends them to a third-party laboratory for specialized analysis. This process is labor intensive, extremely expensive, and can take up to 7 days to receive results increasing risk and liability.

Traction information

● $300K revenues at >80 percent margins.
● $150K ARR, 20-30 percent MoM growth.
● Highly defensible tech (3 years and 1.5M).
● 12x patents and patent pending.
● Team involved in +200M in exits.
● Alumni of UC Berkeley SkyDeck

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Milestones

October 2024

Sales > Engineering

For the first time in the history of Marvin Labs, the size of our sales team has grown beyond the size of our technical team! Great to be making money whilst we sleep.

September 2024

Completed Pilot with Large Multinational

Completed a pilot of our Marvin Lens platform with one of the world’s largest environmental testing service providers. Pilot results are being presented to executives at the organization in late October and move into a formal proposal stage. This multinational is itself worth in the tens of billions of dollars, and has over 500 laboratory locations across the world.

August 2024

30,000 Commercial Mold & Asbestos Tests Completed!

We hit 30,000 commercial tests performed by our customers on the Marvin Lens platform!

May 2024

Launched Pre-Order Program for Marvin Air for Subscription Mold and Air Quality Monitoring

Launched our pre-order program online. Initial experiments showed a strong market need for the technology. With less than $500 spent on marketing efforts, over $11,000 in pre-orders have been secured as of Sept 2024.

June 2023

Launched Marvin Lens for AI Mold Testing!

Launched the first commercial iteration of Marvin Lens, generating revenues, and working with customers to help them scale their mold testing services!

Updates

Cara Lane Charlet has visited this profile using a private link.
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New customer testimonial! https://youtu.be/EhBzKMLCZHk

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Funding

Currently raising capital

Total raised to date:$700,000
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