Deals

True Fit Raises $55M Series C
Date: 
Monday, January 15, 2018
Location: 
Boston
Categories: 
B2B
Big Data & Analytics
SaaS
Deal Type: 
Funding

True Fit, the retail industry’s data-driven personalization platform for apparel and footwear today announced a new $55 million Series C investment, led by Georgian Partners with participation from existing investors Jump Capital, Signal Peak Ventures, Intel Capital, and new investor Cross Creek Capital.

The new funding will further develop True Fit’s robust AI data platform, as well as advance innovation of its personalized style, fit, and analytics solutions. It will also expand the company’s offerings to include more robust open APIs, new AI-driven integrations, and new capabilities such as personal outfitting, chatbot virtual stylists, and enhanced visualizations.

The investment underscores the rapid growth of True Fit’s vast network of retailers and partners in North America, UK and EU markets, while expanding into new global markets including Asia and South America... READ MORE

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