What is Perfitly?
Perfitly is at the forefront of virtual fitting room technology, designed to address key challenges in the fashion eCommerce sector. The platform empowers shoppers to virtually try on apparel from the comfort of their homes, significantly enhancing the online shopping experience. By generating a 3D avatar based on precise user measurements, Perfitly delivers accurate size recommendations, which directly contributes to increased conversion rates for brands and a substantial reduction in costly return rates. This data-driven approach not only boosts profitability for retailers but also fosters greater customer satisfaction and promotes sustainability by minimizing waste associated with returns and excess inventory.
How much funding has Perfitly raised?
Perfitly has raised a total of $829K across 2 funding rounds:
Debt
$104K
Other Financing Round
$725K
Debt (2021): $104K with participation from PPP
Other Financing Round (2021): $725K, investors not publicly disclosed
Key Investors in Perfitly
PPP
Public-Private Partnership
What's next for Perfitly?
With the recent major strategic investment, Perfitly is poised for accelerated growth and further development of its virtual fitting technology. The company's focus on enhancing conversion rates and reducing returns positions it as a critical partner for fashion brands navigating the complexities of online retail. Future strategic initiatives are likely to involve expanding its technological capabilities, forging deeper partnerships within the fashion industry, and potentially exploring new markets. The enterprise-level funding context suggests a strategic phase aimed at scaling operations and solidifying its market leadership in the burgeoning virtual try-on space.
See full Perfitly company page
