AI All Funding Startup News in Korea (Korean Startup News)

Planby Secures Pre-Seed Funding from 500 Global for AI Interior Design SaaS ‘HomiAi’

2024-05-07 2 min read

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Planby Secures Pre-Seed Funding from 500 Global for AI Interior Design SaaS ‘HomiAi’

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Planby Technologies, which offers the AI-powered interior design SaaS “HomiAi,” has secured pre-seed funding from 500 Global. Planby is a tech startup revolutionizing the interior design field through AI technology. The company provides an intuitive user experience that reduces the time required for creating virtual design drafts—traditionally taking more than four hours per draft using complex graphic software and 3D modeling tools—by over 90% on average.

Users can input the dimensions of their desired space and natural language keywords into Planby’s service. Through 3D modeling, the platform simulates lighting, materials, and more to produce hundreds of image-based interior design drafts with realistic visual effects. The secret lies in the AI technology that enables mass generation of draft images using natural language processing and Stable Diffusion. This technology is expected to improve the efficiency of draft creation in the interior design market, accelerating the adoption of high-quality interior design in the industrial sector.

Shin Dong-yeop, an investment associate at 500 Global, stated, “The Planby team is highly skilled. Although the team formed less than a year ago, they’ve already built a dataset of 50,000 learning items, developed 30 in-house AI models, and achieved an Aesthetic Score that’s 1.5 times higher than their competitors, based on the LAION-Aesthetics V1 model. In just six months after launching their service last year, they achieved cumulative construction transactions worth over KRW 4 billion on their platform and have generated SaaS revenue from the top five interior design houses in Korea, demonstrating rapid execution.” He explained this as the reason for their investment.

Planby’s CEO, Roh Hyun-sub, stated, “From the beginning, we’ve aimed to quickly pursue PoC with global clients and open up new innovations in construction material distribution and interior design solutions both domestically and internationally.” He added, “With 500 Global, we plan to tap into the global interior architecture design market, which is worth KRW 170 trillion annually.”

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