Photo - iReg.One
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iReg.One

Russia, Moscow city
Market: Trade, Services
Stage of the project: Operating business

Date of last change: 14.09.2021
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Idea

iReg.One helps Amazon FBA Aggregators and other e-Commerce Sellers suffering from pirated copies of their goods and brands to detect violations and block them automatically in 5+ days for all products

Current Status

2 000+ paying customers:
263 for Trademarks
71 for e-Learning
667 for Photos & Product designs
608 for SW Code protection
391 for R&D

Notable e-Commerce customers:
- Stavros, wood furniture https://www.stavros.ru/en/
- Poletx, watch factory https://poletx.ru/
- Eksmo, book publishing https://eksmo.ru/
- Mebel Komplekt, furniture accessories https://www.ivmk.su/
- Kontur Yamal, building materials http://kontur-yamal.ru/
- and more

Problem or Opportunity

Designing and marketing products is costly, making pirating copy is cheap. There are 25,000 Amazon FBA Sellers making over $1M worth sales. They loose up to 30% of revenue to pirated copies originated from China and more. Sellers need to block them fast as the losses are proportional to their goods turnover.

Solution (product or service)

iReg.One provides up to 75% reduction of losses, up to 90% reduction of the time to blocking violations. iReg detects violations on e-Commerce platforms and block them automatically in 5+ days for all products of a seller in bulk. This is dome via a robotic automation of Intellectual Property disputes originated from China and 178 countries.

Business model

iReg.One sells subscriptions. Companies who pay for the 2nd month, stay loyal for 6+ more month. With the moderate competition, the high speed of blocking and bulk service for all brands, we can justify a higher than market average pay check: US $50-75k/year.

Incubation/Acceleration programs accomplishment

2020 - Entrepreneurship Promotion Association Grant
2019 - Moscow Institute of Physics and Technology (MIPT) Accelerator Program
2018 - Sofltine Accelerator (winner 1st place)
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Startup.Network stops providing services in Russian Federation

Considering the current situation, the company does not see an opportunity to continue working in the aggressor country, which threatens not only Ukraine but the whole world today.

The sanctions policy of the international platform means:

  • Discontinuation of use of the site ru.startup.network. Startups from Russian Federation will no longer be able to place their applications to search fundraising on the platform.
  • Stop on holding Unicorn Pitches Russia. This means that we will no longer hold our Unicorn.Events in Russia and will not accept startups that are physically located in Russian Federation to our global competition. Also, VCs who are located on the territory of Russian Federation and do not oppose the Russian invasion of Ukraine will not be able to participate in our contest as the jury as well.
  • Stop accepting money sourcing from Russian Federation to our Syndicate Fund.
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