What is MySize?
My Size specializes in developing advanced sizing solutions tailored for the online retail sector. The company tackles the pervasive issue of incorrect sizing in e-commerce by offering standardized tools that empower consumers to accurately determine their fit across a diverse range of apparel and size charts. By enhancing the buyer's shopping experience and providing retailers with technology services that boost e-commerce efficiency, My Size aims to significantly reduce the costly problem of product returns.
How much funding has MySize raised?
MySize has raised a total of $4.2M across 2 funding rounds:
Debt
$1.2M
Other Financing Round
$3M
Debt (2017): $1.2M, investors not publicly disclosed
Other Financing Round (2024): $3M, investors not publicly disclosed
What's next for MySize?
The recent major strategic investment signals a new phase of expansion and development for My Size. This capital infusion is expected to fuel further innovation in their sizing technology, potentially broadening their market reach and enhancing their B2B service offerings. The company is well-positioned to capitalize on the growing demand for solutions that improve online shopping accuracy and reduce operational overhead for retailers, further solidifying its market leadership in e-commerce sizing technology.
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