What is Avametric?
Avametric operates as a specialized software development firm that has established itself as a thought leader within the fashion-fit technology sector. The company is widely recognized for pioneering the first consumer-facing augmented reality fit technology mobile application, a breakthrough that directly addresses the persistent challenge of sizing accuracy in online retail. By creating a seamless bridge between online and offline customer experiences, Avametric provides retailers with the tools necessary to reduce return rates and enhance brand loyalty.
The company's core value proposition lies in its ability to synthesize complex data into intuitive user interfaces, effectively transforming how consumers interact with apparel brands. Through its proprietary technology, Avametric enables a more personalized shopping experience, positioning itself as an essential partner for modern retailers seeking to optimize their digital transformation strategies.
How much funding has Avametric raised?
Avametric has raised a total of $10.5M across 1 funding round:
Series A
$10.5M
Series A (2016): $10.5M with participation from Y-Combinator and Khosla Ventures
Key Investors in Avametric
Y-Combinator
Established in 2005 and located in Mountain View, California, Y Combinator provides seed funding for startup businesses and to gauge investors for businesses.
Khosla Ventures
Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies, focusing on a broad range of areas including consumer, enterprise, and AI.
What's next for Avametric?
With the successful completion of this major strategic investment, Avametric is well-positioned to transition into a more mature phase of enterprise-level operations. The company is expected to focus on scaling its core product offerings and deepening its integration with global retail platforms. Future growth will likely be driven by the expansion of its augmented reality capabilities and the pursuit of strategic partnerships that leverage its unique position in the fashion-fit ecosystem.
As the retail landscape continues to shift toward hyper-personalized digital interactions, Avametric's focus on bridging the gap between virtual and physical retail will remain a key differentiator. The firm is poised to capitalize on the increasing demand for high-fidelity fit solutions, ensuring that its technological roadmap remains aligned with the evolving needs of both retailers and consumers in an increasingly digital-first marketplace.