What is SafeSize?
Founded in 2012 and headquartered in the Netherlands, SafeSize is a prominent provider of omnichannel virtual fitting and recommendation solutions tailored for footwear brands and retailers. The company's proprietary technology enables consumers to discover and purchase shoes that offer the optimal fit, thereby enhancing the sales conversion rates for retailers and substantially reducing product returns. SafeSize operates at the intersection of retail technology and e-commerce, addressing a critical pain point in the footwear industry by bridging the gap between online browsing and the in-store fitting experience.
How much funding has SafeSize raised?
SafeSize has raised a total of $23.3M across 2 funding rounds:
Series B
$8.1M
Series B
$15.2M
Series B (2019): $8.1M, investors not publicly disclosed
Series B (2023): $15.2M led by 3TS Capital Partners and Convent Capital
Key Investors in SafeSize
3TS Capital Partners
3TS Capital Partners is a European venture growth investment adviser specializing in technology and internet sectors. They focus on backing high-growth SMEs and facilitating international expansion.
Convent Capital
Convent Capital is an investment firm established in 2011, focused on building long-term value by supporting companies that prioritize sustainability across various industries.
What's next for SafeSize?
The recent major enterprise-level funding indicates SafeSize is poised for significant scaling and further technological development. This capital infusion is expected to fuel international expansion, enhance its virtual fitting algorithms, and deepen its integration with a wider array of retail partners. The company's focus on improving customer experience and operational efficiency within the footwear sector positions it for sustained growth and market leadership in the competitive retail technology landscape.
See full SafeSize company page
