Magic Brush

Personal Makeup Artist

RAISING

$250,000

In exchange for

17%
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Industry

BEAUTY

Company size

2-5 employees

Patent

NO

Location

Israel

Languages

English, Hebrew

Overview

Magic Brush is a first-of-its-kind solution that applies artificial intelligence, augmented reality, and robotics to the makeup industry. An integrated software and hardware solution for makeup analysis & application.

The world of makeup is growing each day. People seek to learn new application techniques and use products that will make life easier while improving their abilities and look.

Magic Brush provides all the makeup solutions & techniques the world has to offer, in your home and at the touch of a button.

The application will scan the user’s face, and they will be able to choose from a wide selection of makeup styles and see their image with the simulated results in the app.

Once the user chooses a particular makeup style, the device can accurately apply the makeup onto the user’s face in a matter of seconds.

The Vision

Shift primitive cosmetics products into technology

The Product

A home device that applies professional makeup on-demand.

The Magic Brush prototype is currently in development.

It will be possible to register a patent for this product.

The Team

Chaya Levi

CEO

A motivated entrepreneur with extensive experience in secure banking. A well-developed business sense and the ability to move and lead, enabling efficient management and execution of projects and strategic development, as well as business and financial management in a variety of fields.

Magic Brush | Personal Makeup Artist | Shoham Gabizon | Qilindo

Shoham Gabizon

Business Consultant

Consultant in the Chamber of Business Consultants in Israel, an entrepreneur at heart, owner of several businesses, and partner in a number of startups.

The Problem & Solution

Professional results require a professional makeup artist.

Professional services are costly and time-consuming, and results are not always accurate.

There is no way to really know how the makeup will look without applying.

Magic Brush solves all these issues:

The platform consists of a facial imaging artificial intelligence system that simulates how different styles will look and uses a robotic arm to apply them with perfect accuracy.

The Market

In 2018 the global cosmetics market was estimated at $298 billion with a CAGR of 5.1% which will reach $438 billion in 2026.

In 2018 the global makeup market was estimated at $31 billion, with a CAGR of 2.3% which will reach $36.5 billion in 2024.

In 2018, the global beauty & care market was estimated at $493 billion.

The market is expected to grow to $757$ billion by 2026.

This market includes makeup, hair & skincare, cosmetics, sun protection products, and many others.

Magic Brush is aimed at people who buy and apply makeup, between the ages of 20-50, worldwide.

Competition

This is an innovative solution that brings together 3 fields: cosmetics, scanning & image simulation, and a robotics solution.

The Opportunity

As of 2019, women in the U.S. spent an average of $3,000 annually on beauty and cosmetics products and services.

Purpose of Equity

The funds will be distributed as follows:

$175,000 will be dedicated to prototype development and the primary pilot;

$60,000 will go towards management and;

$15,000 for marketing.

 

A D D M Y S T A R T U P
Qilindo Logo | the Startup Network
Interested in Magic Brush?

Contact them directly.