3DLOOK announced that it has raised $6.5 million in Series A funding, led by Almaz Capital with participation from TMT Investments and Zubr Capital.
The investment brings the company’s total fundraising to date to $11.2 million.
The new funds will be used to expand 3DLOOK’s US leadership team and establish new R&D labs in the US and Western Europe.
3DLOOK’s mobile camera–based solutions provide personalized fit and size recommendations for online shoppers and body data intelligence that brands can use to create better-fitting clothes.
The technology uses a patented combination of computer vision and 3D statistical modeling to instantly measure the human body using just two photos.
Brands that use 3DLOOK’s solutions have seen 30% decreases in return rates, while increasing conversions 4 times year over year.
Tailored Brands and 1822 Denim are among the global fashion retailers that are using 3DLOOK’s solutions to drive down apparel returns and increase conversion.
