Vatorx2
LoveisTouch
Location: 501 FOREST AVE # 201, Palo Alto, California, United States United States
Founded in: 2010
Stage: Post-launch
Number of employees: 6-15
Funding history:
- Date: 12/2010, Seed: $250 k (post valuation: undisclosed amount).
Short URL: vator.co/loveitouch
Followers (2)
Awards and mentions
14522_1995
South Korean startups continue to shine and widen their horizons in Singapore. The South Korea National IT Promotion Agency (NIPA) has recently launched Kcellerate, a Korean acceleration program for startups. Kcellerate will be providing startups a market entry to Korea and other Southeast Asian countries. As part of its efforts, Kcellerate recently presented 10 startups in Singapore. These startups endorsed by the said acceleration program will be given enough chance to present to different investors and business partners. They will also get the chance to explore events and acquire new things from their counterparts.
Vatorx1

LoveisTouch

Turn IT ON
Startup/business
Palo Alto, California, United States United States
http://www.loveistouch.com

LoveisTouch is an O2O (Offline-to-Online) service provider transforming the real world into the media with IoT(Internet of Things) technologies such as NFC(Near-Field Communication), QR, and iBeacon, etc. Our IoT Mediarization Tools help various economic entities efficiently create customer value and share profit.

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Company description

LoveisTouch is an O2O (Offline-to-Online) service provider transforming the real world into the media with IoT(Internet of Things) technologies such as NFC(Near-Field Communication), QR, and iBeacon, etc. Our IoT Mediarization Tools help various economic entities efficiently create customer value and share profit.

We professionally solve other companies' problems using IoT technologies. For example, we provide NFC and iBeacon marketing solution for those who seek a new way of promotion. We provide NFC, iBeacon museum/gallery service for museums and galleries that are seeking new way of bridging the art and audience. We provide customized 'NFC, iBeacon everything' that can solve our customers' problems as a value-shop.


Team
Business model

Our business model helps various economic entities efficiently create customer value, make revenue, and share the profit with LoveisTouch. We’ve been successfully generating revenues by providing professional services using our O2O (Offline-to-Online) solution. We have O2O Museum Service, O2O Event Marketing, and O2O Retail Service. We’ve been able to make references in all fields so far.

Our current business model is to solve customers’ problems by applying our IoT technology based services. When our service becomes a ‘channel’, (for museums, restaurants, stadiums, etc.) many economic entities such as place owners, advertisers, and even customers can share profit with LoveisTouch.

Competitive advantage

We are the niche leader in IoT field. We’ve provided our NFC service to many companies such as Hyundai Motors, Lotte, etc. for event marketing, and to many big museums such as National Museum of Korea and Naju National Museum of Korea etc. We also applied our service to many conventions such as 2013 Osong Cosmetics and Beauty Expo, 2013 Travel Expo, etc. We are currently proceeding to work with city government, famous retail chains, and entertainment companies, etc.

To briefly give one user engagement example about Hyundai Motors case for 2013 Seoul Motor Show, more than 10,000 touches have been generated in such a short time. It is a world record for NFC touch rate excepting the case of public transportation card.

Our in-house research institute which makes us not only business executors but also researchers and thinkers, also provides us with deep understanding of consumer behaviors and IoT technologies.