True Fit is a leading AI platform in the apparel and footwear industry, boasting the slogan "Powered by shoppers, enhanced by AI." Since its establishment in 2010, the company has been dedicated to helping brands decode size and fit for consumers through its AI-powered expert fit recommendations. True Fit's solutions have significantly contributed to driving conversion, reducing returns, and fostering brand loyalty. The platform's impact spans across various demographics and product categories, including menswear, womenswear, childrenswear, intimates, swim, and footwear. One of True Fit's key strengths lies in its data-driven approach. It serves shoppers across a diverse network of retailers' websites and leverages the insights gained to provide rich datasets to retailers. This, in turn, informs their strategies and initiatives, ranging from marketing and merchandising to sourcing and product development. In a rapidly evolving market, this data proves crucial in understanding and meeting the needs of the modern shopper, ensuring relevance and adaptability. Supported by a team of experienced executives and leaders from fashion, retail, big data, and e-commerce, True Fit has earned the backing of top investors. The company recently secured a significant $15.00M debt financing investment from Espresso Capital in December 2021, further solidifying its position in the industry. True Fit's dedication to leveraging AI and big data in the pursuit of enhancing the shopping experience aligns with the evolving landscape of the e-commerce and big data industries, positioning it for continued growth and success. For more information, visit True Fit's website or follow their social media presence.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $15.00M | 1 | 08 Dec 2021 | |
Venture Round | $30.00M | 5 | 06 Dec 2021 | |
Series C | $55.00M | 5 | 15 Jan 2018 | |
Series B | $25.00M | 5 | 13 Jul 2016 | |
Venture Round | $14.59M | - | 09 Jun 2014 |
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