Sizekick, a Munich, Germany-based artificial intelligence-based solution to reduce size-related returns and boost their shop’s conversion, raised €1.3 million for its SaaS solution that promises to cut down on returns in the fashion e-commerce space.
The investment was from Hohenstein. Sizekick is now gearing up for a 2023 launch to solve one of retail’s biggest problems.
Sizekick CEO David Oldeen: “Feedback from the market and future partners in the fashion and sports industries was crystal clear – people are looking to solve a real problem when it comes to sizing. They need a size recommendation solution that takes into account the fact that users have different body shapes as well as the inherent differences between individual styles and brands. This is exactly what we are offering at Sizekick, and we are taking e-commerce sizing to a new level.”
Sizekick was developed to solve online fashion retailers’ biggest problem – unnecessary returns and consumer size uncertainty.
Company: Sizekick GmbH
Raised: €1.3M
Round: Unknown
Funding Month: November 2022
Lead Investors: Hohenstein
Additional Investors:
Company Website: https://www.sizekick.io/
Software Category: AI-based Sizing Tech
About the Company: Founded in 2022 by Jake Lydon and David Oldeen, they focused on building the next generation of sizing technology and making it available to fashion brands and retailers, with the goal of eliminating size frustration and reducing returns. Sizekick is an artificial intelligence-based solution to reduce size-related returns and boost their shop’s conversion. Sizekick uses artificial intelligence and computer vision technology to recommend the right clothing size, and with the help of its integrated software, everyone can find their correct size in its partner shops in just a few seconds with a smartphone. Sizekick's solution is available as Software-as-a-Service (SaaS). Sizekick has its headquarters in Munich, Germany.
Source: https://www.eu-startups.com/2022/11/munich-based-sizekick-bags-e1-3-million-to-cut-down-on-clothes-returns-for-e-commerce/