What is Volumental?
Volumental provides a sophisticated solution that enables global footwear brands and retailers to enhance the customer shopping experience. By utilizing a proprietary 3D scanner, the company captures ten precise foot measurements in approximately five seconds. This data is then processed by Volumental's AI-powered Fit Engine, which leverages purchase data from millions of feet to offer highly personalized footwear recommendations. This technology empowers businesses to create a seamless omnichannel customer journey, challenge traditional sizing limitations, and unlock new value across both in-store and online channels.
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
Founder.org
Founder.org is an investor and company-building program focused on supporting young entrepreneurs solving global challenges. They provide funding and a structured program to foster hypergrowth in early-stage companies.
Backstage Invest
Backstage Invest is a private venture capital firm based in Sweden that focuses on direct investments in entrepreneurial scale-up companies within the Nordic region, offering hands-on support in business development and international expansion.
Club Network Investments
Club Network Investments (CNI) is a Stockholm-based entity that has successfully funded and supported around 30 companies in the Nordic region since 2011, focusing on building and accelerating the growth of entrepreneurial businesses with a long-term perspective.
What's next for Volumental?
The recent major strategic investment signals a strong confidence in Volumental's growth trajectory and market potential. This backing is likely to fuel further development of its AI capabilities, expansion into new geographic markets, and strengthening of partnerships with leading footwear brands and retailers. The company's focus on bridging the gap between physical and digital retail experiences positions it for continued success in an evolving market, aiming to redefine the standard for personalized footwear.
See full Volumental company page
