Overview of the Clockwork Investment Opportunity
Clockwork offers an investment opportunity to revolutionize the self-care industry through AI-powered robots designed to make beauty services more accessible and convenient.
Targeting the $1.5 trillion self-care sector, Clockwork's robots, initially focusing on nails, aim to deliver affordable and quick services where people spend their time, addressing the challenges of planning and travel associated with traditional beauty services.
Backed by renowned founders and Silicon Valley investors, Clockwork's proprietary technology, including a patented tech stack, enables robots to paint nails with sub-millimeter accuracy, offering a unique and efficient solution for beauty services.
With a successful commercial launch and revenue generation, Clockwork partners with real estate operators and retailers to deploy robots, creating a seamless and delightful experience for customers.
Highlights of the Clockwork Opportunity
$1.9M annual recurring revenue (ARR) in signed contracts
18,000+ customers served
Monthly recurring revenue grew 475% since March of this year
Robots deployed in NYC, Miami, DC, Beverly Hills and the Bay Area
10,000 inbound partnership requests representing 40,000 locations for our robots
Leadership team from Dropbox, Nvidia, e.l.f., Clorox, Uber & Toyota
Backed by Initialized Capital, Pipeline Capital, Co-founder of Dropbox & former CMO of Sephora
Who is VC Pete?
My name is Peter Harris and I’m a founding partner with University Growth Fund where I lead deal sourcing, due diligence, and portfolio management of the fund.
Over my career, I’ve made over 100 investments as both a venture capitalist and an angel investor in companies including Airbnb, Spotify, Postmates, Carta, Instructure, Workfront, Snap, Postmates, Lyft among others.
I have been fortunate enough to recruit, train, and mentor over 400 students through UGF's educational program and helped them land many of the most prestigious career opportunities in the world.
© 2023 VCPete.com
Who is VC Pete?
My name is Peter Harris and I’m a founding partner with University Growth Fund where I lead deal sourcing, due diligence, and portfolio management of the fund.
Over my career, I’ve made over 100 investments as both a venture capitalist and an angel investor in companies including Airbnb, Spotify, Postmates, Carta, Instructure, Workfront, Snap, Postmates, Lyft among others.
I have been fortunate enough to recruit, train, and mentor over 400 students through UGF's educational program and helped them land many of the most prestigious career opportunities in the world.
© 2023 VCPete.com