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Rakuten Fits Me - About the company

Rakuten Fits Me is an acqui-hired company based in London (United Kingdom), founded in 2009 by Heikki Haldre. It operates as a Virtual Fitting Room technology provider. Rakuten Fits Me has raised $16M in funding from Entrepreneurs Fund. The company has 255 active competitors, including 51 funded and 15 that have exited. Its top competitors include companies like CLO Virtual Fashion, True Fit and Metadome.

Company Details

Rakuten Fits Me develops virtual fitting room solutions for online clothing retailers. Its virtual fitting room solutions helps boost the profitability of online clothing retailers by enabling them to overcome the online fit problem, increasing conversions and reducing garment returns. Based on the user profile, the company displays exactly how the garment will fit on their body.
Website
fits.me
Social
XFacebook
Key Metrics
Founded Year
2009
Location
Stage
Acqui-Hired
Total Funding
$16M in 5 rounds
Latest Funding Round
Ranked
Annual Revenue
€967K as on Dec 31, 2023
Employee Count
11 as on Sep 30, 2024
Investment & Acquisitions
Similar Companies
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Rakuten Fits Me's funding and investors

Rakuten Fits Me has raised a total funding of $16M over 5 rounds. Its first funding round was on May 2009. Its latest funding round was a Series B round on Oct 23, 2014 for $*****. 2 investors participated in its latest round. Rakuten Fits Me has 5 institutional investors.

Here is the list of recent funding rounds of Rakuten Fits Me:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 23, 2014
7606042
Series B
1879830
7466935
2685995
9725008
Apr 16, 2013
2903720
Series A
8395009
8704215
2372625
Feb 06, 2012
4724116
Series A
4387139
6794828
6912429
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Rakuten Fits Me's founders and board of directors

Founder? Claim Profile
The founders of Rakuten Fits Me is Heikki Haldre.
Here are the details of Rakuten Fits Me's key team members:

Rakuten Fits Me's employee count trend

Rakuten Fits Me has 11 employees as of Sep 24. The total employee count is 8.0% lower than what it was in Sep 23. Here is Rakuten Fits Me's employee count trend over the years:
Employee count trend for Rakuten Fits Me
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Rakuten Fits Me's Competitors and alternates

Top competitors of Rakuten Fits Me include CLO Virtual Fashion, True Fit and Metadome. Here is the list of Top 10 competitors of Rakuten Fits Me, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CLO Virtual Fashion
CLO Virtual Fashion
2009, Seoul (South Korea), Series D
Developer of 3D fashion design software for virtual garment creation
$34M
63/100
2nd
Logo for True Fit
True Fit
2009, Boston (United States), Series C
Provider of an AI sizing platform for apparel and footwear retailers
$152M
63/100
3rd
Logo for Metadome
Metadome
2016, San Mateo (United States), Series A
Provider of XR and AI platform for immersive customer experiences
$10.6M
57/100
4th
Logo for Doji
Doji
2024, New York City (United States), Seed
Provider of a platform for fashion exploration and self-expression
$14M
56/100
5th
Logo for Tryndbuy
Tryndbuy
2018, Delhi (India), Seed
Developer of an AI platform for virtual try-on and media
$6.32M
51/100
6th
Logo for Bodd
Bodd
2013, Prahran (Australia), Series A
Manufacturer of 3D body scanners for diversified applications
$14.9M
50/100
7th
Logo for Virtusize
Virtusize
2011, Stockholm (Sweden), Acquired
eCommerce fitting application
$1.55M
49/100
8th
Logo for MemoMi
MemoMi
2012, Palo Alto (United States), Acquired
AR & AI mirror software transforming luxury shopping with personalized experiences
-
-
47/100
9th
Logo for Zelig Technology
Zelig Technology
2021, Los Angeles (United States), Series A
AI-based virtual try-on solutions for fashion businesses
$15M
46/100
10th
Logo for Fibbl
Fibbl
2021, Stockholm (Sweden), Seed
Provider of AR-based virtual trial solutions for e-commerce businesses
$7.42M
46/100
35th
Logo for Rakuten Fits Me
Rakuten Fits Me
2009, London (United Kingdom), Acqui-Hired
Virtual Fitting Room technology provider
$16M
35/100
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Rakuten Fits Me's Investments and acquisitions

Rakuten Fits Me has acquired Clothes Horse. Rakuten Fits Me has not made any investments as of now.

Reports related to Rakuten Fits Me

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News related to Rakuten Fits Me

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