Volumental, founded in 2016, is a FitTech startup based in Sweden. The company specializes in solving footwear size and fit issues both in-store and online. Leveraging industry-leading computer vision hardware and artificial intelligence software, Volumental aims to provide a seamless and personalized omnichannel buying experience for footwear shoppers. With a recent $13.00M Venture Round investment on 21 December 2021 from Forward Venture Capital, CNI, Backstage AB, Abanico Invest, the company has gained recognition as a leader in its field. Volumental's innovative FitTech solutions have already positively impacted over 30 million consumers, and its products are utilized in 60+ countries across 3000 locations, including renowned brands such as New Balance, Crocs, and Fila. By enabling retailers to match individual foot scans with point-of-sale purchase data, Volumental empowers them to offer tailored product recommendations, ultimately driving higher conversion rates, customer retention, and lifetime value. As the world of e-commerce and retail continues to evolve, Volumental's seamless integration of E-Commerce, VR/AR, and 3D Printing technologies positions it at the forefront of innovation in the footwear industry. With a strong track record and support from notable investors, Volumental appears poised to further revolutionize the way consumers discover and purchase footwear, solidifying its position as a key player in the FitTech sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $13.00M | 4 | Abanico Invest | 21 Dec 2021 |
Venture Round | kr12.00M | 3 | 28 Aug 2018 | |
Seed Round | $3.00M | 3 | 11 Sep 2014 | |
Seed Round | Unknown | 1 | 01 Jan 2014 | |
Non Equity Assistance | Unknown | 1 | 01 Jan 2013 |