The company aims to use the funds for scaling its virtual fitting product YourFit. It aims to add rapid integration with leading e-commerce platforms, increase personal data protection and update its interface, according to Ukrainian media reports.
3DLook has collectively raised $14.7 million by the end of 2021, which includes $7.9 million raised during the pandemic. Some of its early investors include Boost VC, 500 Startups, Almaz Capital, TMT Investments and supermodel Natalia Vodianova.
The company has planned another round of $15-20 million for late 2022-early 2023.
3DLook has created the world’s leading patented mobile body scanning technology that drives retail innovation by providing personalised fit and size recommendations and virtual try-on for shoppers. It helps brands reduce returns while increasing conversion.
ALCHEMPro News Desk (KD)
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