What is Fitted?
Founded in 2019, Fitted provides digital tools designed to optimize profitability and streamline operations for retailers and brands of all sizes. The platform facilitates immediate payment for brands once an invoice is finalized and offers retailers improved discounts and terms for their payments. By providing access to real-time data and critical financial information, Fitted empowers all parties within the retail ecosystem to make more informed decisions and manage their financial workflows more effectively. This strategic approach to B2B commerce finance positions Fitted as a key player in enhancing supply chain efficiency and financial flexibility within the retail sector.
How much funding has Fitted raised?
Fitted has raised a total of $8.5M across 1 funding round:
Series A
$8.5M
Series A (2023): $8.5M with participation from Capital Eleven, Handshake Ventures, and Epic Ventures
Key Investors in Fitted
Capital Eleven
Capital Eleven is an investment entity that has participated in Fitted's Series A funding round. Further details regarding their investment focus and portfolio are not publicly disclosed.
Handshake Ventures
Handshake Ventures is an investment firm focused on building a portfolio of innovative companies, supporting startups and emerging businesses across various sectors with investment and strategic guidance.
Epic Ventures
Epic Ventures operates within the Sports Teams & Leagues industry, headquartered in Edinburgh, United Kingdom. Their participation in Fitted's funding round suggests a potential interest in technology that impacts business operations across diverse sectors.
What's next for Fitted?
The recent Series A financing, characterized as a major enterprise-level funding, indicates Fitted's readiness to scale its operations and expand its market reach. This strategic investment is likely to fuel product development, enhance customer acquisition efforts, and potentially explore new market verticals. With a focus on optimizing profitability and streamlining operations, Fitted is poised to further solidify its position in the competitive landscape of retail technology and B2B payment solutions. The company's trajectory suggests a continued emphasis on providing robust financial tools that benefit both brands and retailers, fostering a more efficient and financially stable retail ecosystem.
See full Fitted company page
