About Marvin Labs

MARVIN Labs is set to revolutionize toxic mold and indoor air quality monitoring. Our platform of high-margin subscription based products enabled by AI are designed to exceed industry standards for faster and more accurate testing results.

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: mvlabs.ai/pro

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, without a consultant. See more at: mvlabs.ai/air

Tagged with

Climate ChangeArtificial IntelligenceB2BInternet of Things (IoT)HardwareEnvironment Management

Team

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, a consultant 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

Current as at Sep 25, 2024:
● Commercial Launch Marvin Lens for AI mold testing in 2023.
● 30,000 sample analysis performed.
● $300K in non-recurring revenues.
● Switch to ARR focused model in 2024.
● $150K ARR in AI pay-per-analysis.
● $50K Sale with CDC-NIOSH (close in Q4, 2024)
● 12x Lens units in current inventory.
● Expected growth of $250K ARR by end of 2024.

Product video

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Milestones

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

Profile created.

Added 3 days ago

Funding

Currently raising capital

Total raised to date:$700,000