About Fit Analytics
Fit Analytics is a company based in Berlin (Germany) founded in 2010 was acquired by Snap in March 2021.. Fit Analytics has raised $900 thousand across 3 funding rounds from investors including Snap, European Union and EIC Fund. The company has 84 employees as of December 31, 2020. Fit Analytics offers products and services including Fit Finder and Integration Services.
- Headquarter Berlin, Germany
- Employees 84 as on 31 Dec, 2020
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Sectors
RetailBusiness Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Fit Analytics Gmbh
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Products & Services of Fit Analytics
Fit Analytics offers a comprehensive portfolio of products and services, including Fit Finder and Integration Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI assistant for personalized size recommendations in online apparel shopping.
Streamlined process for adding sizing solutions to retail sites.
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Funding Insights of Fit Analytics
Fit Analytics has successfully raised a total of $900K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $981.54 thousand completed in October 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $981,540
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First Round
First Round
(19 Jul 2012)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2017 | Amount | Grant - Fit Analytics | Valuation |
investors |
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| May, 2016 | Amount | Grant - Fit Analytics | Valuation |
investors |
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| Jul, 2012 | Amount | Seed - Fit Analytics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fit Analytics
Fit Analytics has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Snap, European Union and EIC Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Investitionsbank Berlin is engaged in providing funding and financial support for businesses, real estate, and social projects in Berlin.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fit Analytics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fit Analytics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fit Analytics Comparisons
Competitors of Fit Analytics
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fit Analytics
Frequently Asked Questions about Fit Analytics
When was Fit Analytics founded?
Fit Analytics was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Fit Analytics located?
Fit Analytics is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Fit Analytics?
Tom Shenhav is the current CEO of Fit Analytics.
Is Fit Analytics a funded company?
Fit Analytics is a funded company, having raised a total of $900K across 3 funding rounds to date. The company's 1st funding round was a Seed of $900K, raised on Jul 19, 2012.
How many employees does Fit Analytics have?
As of Dec 31, 2020, the latest employee count at Fit Analytics is 84.
What does Fit Analytics do?
Provider of personalized recommendations solutions for fashion businesses. The platform offers solutions for businesses that allows them to scan users size and provides AI-based product recommendations. The platform also provides analytical solutions for sales forecasting, marketing, merchandising, etc.
What products or services does Fit Analytics offer?
Fit Analytics offers Fit Finder and Integration Services.
Who are Fit Analytics's investors?
Fit Analytics has 4 investors. Key investors include Snap, European Union, EIC Fund, and Investitionsbank Berlin.
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