What is Volumental?
Based in Stockholm, Volumental operates at the intersection of advanced computer vision and retail analytics. The company provides a sophisticated 3D scanning platform that captures ten distinct foot measurements in under five seconds. This data is processed through their proprietary AI-powered Fit Engine, which generates highly accurate, personalized footwear recommendations. By bridging the gap between physical in-store experiences and digital commerce, Volumental enables brands to reduce return rates, optimize inventory management, and foster deeper customer loyalty. Their technology serves as a critical infrastructure layer for retailers looking to modernize their sizing systems and unlock value through data-driven personalization.
How much funding has Volumental raised?
Volumental has raised a total of $16.1M across 3 funding rounds:
Grant
$100K
Angel/Seed
$3M
Unspecified
$13M
Grant (2014): $100K with participation from Founder.org
Angel/Seed (2014): $3M led by Founder.org and MOOR Capital
Unspecified (2021): $13M supported by Backstage Invest and Club Network Investments
Key Investors in Volumental
Backstage Invest
A private venture capital firm based in Sweden that focuses on direct investments in entrepreneurial scale-up companies across the Nordic region, providing both capital and hands-on business development support.
Club Network Investments
A Stockholm-based investment firm dedicated to accelerating the growth of exceptional entrepreneurial businesses, focusing on long-term sustainable shareholder value and ethical investment practices.
Founder.org
A startup investor and company-building program that supports courageous young entrepreneurs by providing the foundational resources and capital necessary for hypergrowth and global impact.
What's next for Volumental?
With the infusion of recent capital, Volumental is well-positioned to accelerate its global footprint and enhance its AI capabilities. The strategic focus will likely center on deepening integration with major enterprise retail platforms and expanding the reach of its Fit Engine to accommodate a broader range of footwear categories. As the retail sector continues to prioritize digital transformation and sustainability—specifically through the reduction of product returns—Volumental's technology is poised to become an industry standard. Future growth will likely involve leveraging existing datasets to refine predictive modeling, further cementing the company's role as a key enabler of the modern, data-centric omnichannel retail journey.
See full Volumental company page
