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Dayrize.com is an AI/ML powered marketplace for sustainable products11-50 Employees
  • Early Stage
    Startup in initial stages
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Dayrize.com is an AI/ML powered marketplace for sustainable products
Problem identification: Shopping for sustainable products is a time-consuming and confusing experience for consumers. The market is currently in a status quo where there is very little transparency about the actual impact of the products being sold on the market. This status quo stems from the state-of-the-art system for assessing the environmental impact of products, which is time-consuming, expensive and inaccurate due to a lack of available data.

The solution to the problem: Dayrize.com will bring the fragmented market of sustainable products into one platform and act as a trusted source for consumers to compare the sustainability performance of individual products. In order to realize this ambition, a proprietary A.I. powered vetting tool, called Lucy, will assess the sustainability impact of a broad range of consumer products (from food to household electronics) in a rapid, robust, and automated way. The assessment will be summarized in a Dayrize Score, which will be standardized for all products, making it easy to really compare the sustainability of products across ranges and categories on the e-commerce platform.

Product in focus: Lucy is the core differentiating feature of the Dayrize.com e-commerce marketplace and the focus of this project. The main challenge is to develop a multi-faceted tool with several interoperable components that are able to perform scientifically sound life-cycle analysis within a short period of time and a high accuracy. The technical success relies on a combination of innovative approaches in both environmental impact methodologies as well as software development and Artificial Intelligence.
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Bart Nollen
Avatar for Bart Nollen
Bart worked from 1998 worldwide where he has developed, financed and built multiple successful companies. In recent years Bart has focused on projects that accelerate the transition to the circular economy.
Valuation

$20M

Funded over

1 round

Latest round

Seed (Jun 2021)

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