About Marvin Labs

Marvin Labs is at Austin Tech Week! Come see us in the Innovation Lounge on Thursday, or the Startup Crawl Friday night!

We believe mold is the next asbestos. 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: 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, without a consultant. See more at: mvlabs.ai/air

Tagged with

Artificial IntelligenceEnvironment ManagementClimate ChangeHardwareB2BSeedProperty 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 additional units of Lens ready for deployment.
● Expected growth of $250K ARR by end of 2024.

Product video

Product images

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

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Added about 2 months ago

New customer testimonial! https://youtu.be/EhBzKMLCZHk

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Funding

Currently raising capital

Total raised to date:$700,000