What is Hemster?
Hemster operates as a technology-enabled platform dedicated to the democratization of custom-fit clothing. By utilizing a sophisticated Fit Profile algorithm, the company allows users to store unique measurements, ensuring that every garment—whether new or repurposed—meets precise specifications. Beyond consumer-facing tailoring, Hemster provides a robust B2B solution through its (re)vive service, which enables retailers to convert returns and deadstock into viable revenue streams. This dual-sided business model positions Hemster at the intersection of fashion technology and sustainable retail, effectively tackling the industry-wide challenge of high return rates and inventory waste.
How much funding has Hemster raised?
Hemster has raised a total of $4M across 1 funding round:
Series A
$4M
Series A (2019): $4M with participation from Oyster Ventures, FJ Labs, Bullpen Capital, Hustle Fund, and The Fund
Key Investors in Hemster
FJ Labs
FJ Labs specializes in angel investing at a venture scale, focusing on marketplaces and network effect businesses with a portfolio that includes numerous unicorn startups.
Bullpen Capital
Bullpen Capital is a venture capital fund that specializes in investing post-seed capital into early-stage companies that have identified a special product-market fit.
Oyster Ventures
Oyster Ventures is a venture capital firm focused on supporting early-stage technology companies with high growth potential and innovative business models.
What's next for Hemster?
Following this major enterprise-level funding, Hemster is expected to prioritize the scaling of its (re)vive platform to capture a larger share of the reverse logistics market. The strategic roadmap likely includes deepening partnerships with major apparel retailers to integrate its tailoring technology directly into the point-of-sale experience. As the company matures, the focus will shift toward enhancing the predictive capabilities of its Fit Profile algorithm, further reducing the friction associated with online clothing purchases. By maintaining its commitment to sustainability and personalized fit, Hemster is poised to become an essential partner for brands looking to optimize their inventory and improve customer loyalty in an increasingly competitive digital fashion environment.
See full Hemster company page
