SafeSize, an Athens, Greece-based retail tech company, raised €14M in Series B funding.
Backers included Phaistos Investment Fund, Convent Capital and 3TS Capital Partners.
The company intends to use the funds to expand internationally entering new markets such as the US, accelerate its growth in the APAC region, further invest in tech innovation and its product offering.
SafeSize enables footwear retailers to provide their customers with personalized shoe recommendations. Through its proprietary technology, powered by AI, it matches consumers’ 3D foot data and personal preferences with a shoe database to provide accurate and personalized shoe recommendations, in a few seconds.
SafeSize powers large retailers in the footwear industry today, such as INTERSPORT, Decathlon, Sports Direct, HOKA, New Balance, Sketchers, Super Sports Xebio, CCC and Marks & Spencer.
The company has offices in Netherlands, Slovenia, Greece, China and most recently expanded its operations in Australia and New Zealand. They also operate 9 shoe scanning facilities around the world, scanning and analyzing more than 1.5 million shoes every year.
FinSMEs
03/04/2023