What is Volumental?
Based in Stockholm, Sweden, Volumental operates at the intersection of computer vision and retail intelligence. The company provides a sophisticated 3D scanning solution that captures ten precise foot measurements in seconds, feeding this data into its proprietary AI-powered Fit Engine. By bridging the gap between physical foot geometry and digital purchase history, Volumental enables retailers to offer highly personalized footwear recommendations. This technology is instrumental in building a seamless omnichannel customer journey, effectively reducing return rates and enhancing brand loyalty in an increasingly competitive digital marketplace.
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 MOOR Capital and Founder.org
Unspecified (2021): $13M supported by Backstage Invest and Club Network Investments
Key Investors in Volumental
Founder.org
A startup investor and company-building program that supports courageous young entrepreneurs by providing the foundation for hypergrowth and solving global challenges.
MOOR Capital
A Stockholm-based family office that invests in digital innovation and transformation, maintaining a long-term perspective on private equity and active ownership.
Backstage Invest
A private venture capital firm focusing on direct investments in Nordic scale-up companies, providing hands-on support in business development and international expansion.
What's next for Volumental?
With the support of its latest capital injection, Volumental is poised to deepen its market penetration across international retail sectors. The company is expected to focus on expanding its Fit Engine capabilities, integrating more deeply with global e-commerce platforms, and refining its data-driven insights to help retailers reconsider the limitations of traditional sizing systems. As the retail landscape shifts toward hyper-personalization, Volumental's ability to unlock unique value across both in-store and online channels will be critical in maintaining its competitive edge and driving long-term shareholder value.
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