Saiz, a Berlin, Germany-based provider of a platform that leverages data analytics to personalise garment measurement, raised €2.5m in seed funding.
The round was led by EnjoyVenture and Salica Investments, with participation from Houghton Street Ventures, Gateway Ventures and strategic angels.
The company intends to use the funds for product development.
Led by Marita Sanchez de la Creda and Svenja Tegtmeier, Saiz provides solutions to deliver accurate size predictions to customers and analytics to users. The company’s products are SAIZ Recommender & SAIZ Studio, two AI and data-driven platforms, providing size recommendation for users, optimizing design with customer analytics and reducing e-commerce returns rates by aligning body and garment data.
The company serves fashion brands including Oliver, Tom Tailor, Jack Wolfskin, and many others.
FinSMEs
21/07/2024