Global Leader True Fit Raises $30M On 85% Revenue Growth
12/06/21, 8:33 AM
Location
bostonMoney raised
$30 million
Industry
data and analytics
software
True Fit, the global data and software leader retailers choose to decode fit and size, announced a $30 million growth round today. As the $2 trillion apparel market shifted online rapidly since the pandemic, True Fit's annual recurring revenue (ARR) grew 85%, and consumer adoption in parallel rose 109% across True Fit's network, which now serves 82 million active members. True Fit's growth in revenue, retailers and active members points to increasing demand among digital shoppers to seek trusted fit guidance.
Company Info
Location
boston, massachusetts, united states
Additional Info
True Fit is the leading consumer experience platform leveraged by apparel and footwear retailers to decode fit and connect shoppers with only what they love. It has organized the broadest footwear, apparel and consumer data in the world to provide best in class fit recommendations covering the industry's brands and styles. The platform is leveraged by 150+ global retailers, representing 17,000 brands and 82 million active members. True Fit's data platform underscores exceptional software and data services that brands and retailers utilize to personalize the buying experience online.TrueFit.com
SOURCE TRUE FIT