MYR

Jesolo, Italy Founded: 2017 • Age: 9 yrs Acquired By Vection Technologies
MYR is recognized as a revolutionary software for denim design digitalization.
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About MYR

MYR is a company based in Jesolo (Italy) founded in 2017 by Umberto Brocchetto was acquired by Vection Technologies in August 2023. It operates as a SaaS (Software-as-a-Service). MYR offers products and services including MYR Sketch, MYR Photo, and MYR 3D.

  • Headquarter Jesolo, Italy
  • Founders Umberto Brocchetto
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Myr S.R.L.
Operational Areas
Consumer → Apparel, Fashion & Lifestyle
Key Metrics
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Products & Services of MYR

MYR offers a comprehensive portfolio of products and services, including MYR Sketch, MYR Photo, and MYR 3D. 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.

Primary

High-definition customization from sketches is provided efficiently.

Customization from real garment photos is offered seamlessly.

Customization on 3D files is enabled for users.

Funding Insights of MYR

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in MYR

MYR has secured backing from 1 investor. Prominent investors backing the company include Vection Technologies. 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.

All
Investor Description Founded Year Domain Location
VR B2B solutions are developed for corporate sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MYR

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MYR

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Myr Comparisons

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Competitors of MYR

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Myr

Frequently Asked Questions about MYR

When was MYR founded?

MYR was founded in 2017.

Where is MYR located?

MYR is headquartered in Jesolo, Italy. It is registered at Jesolo, Veneto, Italy.

What does MYR do?

MYR is established as a key partner in the digitalization of denim design processes, prototyping, and industrialization. Focus is placed on sustainability, creativity, photorealism, sharing, and integration. Significant reductions in costs and environmental impact, ranging from 40 to 60, are achieved. A digital portal is provided to connect users with the denim production chain. A continuously evolving database is maintained to personalize denim garment looks in alignment with brand philosophies. Solutions are offered for high-definition customization through sketches, real garment photos, and 3D files.

What products or services does MYR offer?

MYR offers MYR Sketch, MYR Photo, and MYR 3D.

Who are MYR's investors?

MYR has 1 investor. Key investors include Vection Technologies.

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