What is SafeSize?
Founded in 2012, SafeSize provides sophisticated virtual fitting and recommendation solutions designed to bridge the gap between online and offline shopping experiences. By leveraging proprietary data and advanced algorithms, the company empowers footwear retailers to deliver highly personalized sales experiences. This approach not only enhances consumer satisfaction but also addresses the industry-wide challenge of high product return rates, directly impacting the bottom line for enterprise-level partners. SafeSize operates at the intersection of retail innovation and consumer behavior, positioning itself as an essential partner for brands aiming to optimize conversion rates through data-driven insights.
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 leading European technology-focused venture growth investment adviser that specializes in backing high-growth SMEs across Technology and Internet, Media and Communications.
Convent Capital
Convent is an investment firm established in 2011, focused on building long-term value by supporting companies that prioritize sustainability and innovation across various global industries.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for SafeSize?
With the infusion of capital from this major strategic investment, SafeSize is well-positioned to scale its operations and deepen its penetration into international markets. The company is expected to focus on enhancing its recommendation engine, integrating further with global retail platforms, and refining its omnichannel capabilities to meet the evolving demands of modern consumers. As the retail sector continues to prioritize sustainability and efficiency, SafeSize's ability to reduce returns through precision fitting will likely remain a core value proposition, driving long-term enterprise value and market leadership.
See full SafeSize company page
