Ludex, a startup that uses artificial intelligence to determine the value of trading card collections, raised $5.3M.
The company sourced the funds from 101 investors through a friends and
family round, including Brian Urlacher, a former Chicago Bears
linebacker.
- The app tracks the value of trading cards across marketplaces such as Card Kingdom and Troll and Toad.
- Ludex soft launched in May using a two-tier subscription model.
- "And
right now we're above 90%, and we're under two seconds. So we did solve
that problem, and that's what I said to the investors," said Brian
Ludden, CEO of the startup, about the accuracy and speed in searching
for a card's value.
- Ludex plans to create card trading shows in the metaverse.
