We’re excited to announce that Snapify has launched its first equity investment round on Wefunder as we ramp up our mission to redefine the event photography industry. Our beta users, and now our first paying customers, are already calling Snapify a game-changer, and we’re planning to use the funds raised through this community investment round to scale the company’s product development, operations, marketing and sales efforts.
A new era for event photographers and event organizers alike
Event photography processes have remained unchanged for many years. Although there has been progress in various tools that simplify and improve individual aspects of the process – like wireless tethering to transfer photo files or AI-powered batch-photo editing – the typical process still involves using a host of disparate tools and services, making it extremely fiddly and time-consuming.
Snapify’s first-of-its-kind, end-to-end AI solution empowers professional event photographers by significantly cutting their workflow – from shoot to delivery, enabling them to deliver high-quality photos to their clients much faster than current wait times, which can typically last weeks.
In fact, it’s this excessive wait time that inspired our founders to create Snapify in the first place. According to Ran Rahav, our co-founder and CEO, the only change he has seen in the industry since his own wedding nearly 16 years ago, is that “now clients receive their photos digitally instead of on a CD, but it still takes a month!”
“I couldn’t be more excited to bring innovation to an industry that is long overdue for advancement,” says Ran. “Snapify will transform the event photography experience with technology that significantly boosts efficiency both during the event and post-shoot, reducing excessive wait times for clients who can receive their professionally edited photos within days instead of weeks. This will free up a considerable amount of time for photographers to pursue more work opportunities or simply enjoy more free time between jobs.”
The event photography industry is ripe for disruption
Unlike most tools or services currently in the market that tend to specialize in certain aspects of the event photographer’s multi-step workflow, Snapify’s end-to-end solution offers all of them, including real-time storage, AI-powered culling and editing, and photo-sharing features – placing the company in a unique position to disrupt the $39 global photographic services industry, which is expected to be valued at $53 billion by 2026.
With $1.1 million already invested in our patent-pending AI technology, the response from Snapify’s users has been extremely promising. “The ability to shorten their workflow and deliver photos as much as 90% faster gives event photographers a competitive edge in an era where clients demand both speed and uncompromizing quality from service providers,” says Shai Zohar, Snapify Co-founder and Chairman. “Photographers who stick to outdated, time-consuming processes will eventually lose out to those who are embracing AI-powered tools that boost both productivity and quality simultaneously.”
“Photographers who stick to outdated, time-consuming processes will eventually lose out to those who are embracing AI-powered tools that boost both productivity and quality simultaneously.”
Shai Zohar, Snapify Co-founder and Chairman
Why Snapify is a great opportunity for equity crowdfunding investors
The global AI market is valued at over $136 billion and expected to grow by at least 120% year-over-year, so there’s never been a better time to invest in AI – particularly in industries as massive and as ripe for innovation as professional photography. Snapify has already proven itself as a significant time-saver for professional event photographers, increasing productivity, improving efficiency, speeding up delivery times for clients, and creating more opportunities for photographers to use the time ‘saved’ through Snapify for more work or leisure.
Joining Snapify on the ground floor now – before we experience what we believe will be exponential growth – is a great way for equity crowdfunding investors to broaden and diversify their investment portfolios with minimum fuss, and support a product that’s set on redefining its category.
“By the end of 2023, we expect to have around 200 paying customers, generating $1 million in revenue (ARR). Investing in Snapify today – before we experience exponential growth – presents a unique opportunity for equity crowdfunding investors to join us on our journey to redefine the future of professional event photography,” says Ran.
Want to learn more about this equity investing opportunity?
The Snapify community investment round is available on Wefunder and is open to both accredited and non-accredited investors. We’re aiming to raise $2M in this Wefunder offering, and the opportunity is available for a limited time only.
To learn more about Snapify and its mission, as well as how to invest, please visit https://wefunder.com/snapify/.