About Presize
Presize is a company based in Munchen (Germany) founded in 2018 by Tomislav Tomov and Awais Shafique was acquired by Facebook in April 2022. Presize has raised $768.45 thousand across 2 funding rounds from investors including Facebook, Plug and Play Tech Center and Plug & Play. Presize operates in a competitive market with competitors including Virtusize, INFIMIND, Dopplr, BODS and Drapr, among others.
- Headquarter Munchen, Germany
- Founders Tomislav Tomov, Awais Shafique
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website presize.ai
- Social LinkedIn
- Acquired by Facebook (Apr 2022)
Funding Insights of Presize
Presize has successfully raised a total of $768.45K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $768.45 thousand completed in October 2020. 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 $768,452
- Total Rounds 2
- Last Round Seed — $768,452
- Investors Count 5
All 2 funding rounds of Presize with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | $768,452 | Seed | – | PLUG & PLAY | |
| May 2019 | – | Seed | – | Plug and Play Tech Center | – |
6 investors in total: 3 institutional and 3 angel.
Investors in Presize
Presize has secured backing from 6 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Facebook, Plug and Play Tech Center and Plug & Play.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
A digital game and short film is offered by Plug & Play. | – | plugplay.ch | Switzerland | |
Online social networking and communication services are provided globally. | 2004 | facebook.com | Menlo Park, United States | |
CR Christina Rosenberg | - | – | unknown_6249f96bdeb34c4d9 | - |
CB Chris Brenninkmeyer | - | – | unknown_bbeebf73bf5648acb | - |
CM Carsten Maschmeyer | German billionaire investor, active in India, known for startup investments | – | unknown_853463cc5fc34503b | - |
Investor details for Presize
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Presize
2 people are tracked at Presize (2 in leadership).
| Name | Role | Group |
|---|---|---|
Tomislav Tomov | Co-Founder | Leadership |
Awais Shafique | Co-Founder | Leadership |
Complete people profiles for Presize
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Presize
4 dated milestones of Presize across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Presize is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $768K.
- Exit Acquired by Facebook.
Competitors of Presize
Presize operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Virtusize, INFIMIND, Dopplr, BODS and Drapr, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| virtusize.com | 2011 | Stockholm, Sweden | $1.55M | 20 | Virtual fitting solutions for online garment sizing are offered. | |
| infimind.com | 2017 | Haidian, China | $14.13M | – | AI-based marketing and PCM solutions are provided for fashion retailers. | |
| dopplr.digital | 2021 | Bengaluru, India | $750,000 | – | 3D virtual try-on solutions are offered for fashion e-commerce platforms. | |
| bods.me | 2020 | Los Angeles, United States | $5.6M | – | Online platform offering personalized fitting technology and virtual try-on for fashion e-commerce | |
| drapr.com | 2005 | Berkeley, United States | $150,000 | – | Provider of virtual try-on solutions for e-tailers | |
| strypes.co | 2015 | San Francisco, United States | $1.15M | – | Interactive 3D product customization platform for retailers | |
| bodylabs.com | 2013 | New York, United States | $14.3M | – | Offers technology for creating accurate 3D body models. | |
| me-ality.com | 1994 | Santa Clara, United States | $55.41M | – | AI-enabled virtual fitting software for apparel is provided. |
Detailed competitors of Presize
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- Full competitor set
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Latest news on Presize
Complete news archive for Presize
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- Full article archive
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Similar companies to Presize
10 companies that operate in the same segment as Presize (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.08 B | USD 939.4 M | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 | |
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 2,420 | |
Subscription-based jewelry is provided by digital-first brand BlueStone. | 2011 | Bengaluru, Karnataka, India | USD 254.97 M | USD 259.64 M | 3,210 | |
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Pre-owned fashion products are sold via an online marketplace. | 2008 | Vilnius, Lithuania | USD 872.04 M | – | – | |
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 850 | |
Customizable smart lock screen experiences are developed for mobile devices. | 2019 | Bengaluru, Karnataka, India | USD 390 M | – | – |
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Frequently Asked Questions about Presize
Presize was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Presize is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Presize is a funded company, having raised a total of $768.45K across 2 funding rounds to date.
Presize was founded in 2018 in Munich, Germany, within the fashion technology sector. Software integration is offered to online stores, enabling body scans via QR code access on mobile devices. Measurements are captured through user rotation, and AI-generated 3D models are produced for apparel sizing. This facilitates order placement based on accurate fit assessments across partnered websites.
Presize has 6 investors. Key investors include Facebook, Plug and Play Tech Center, Plug & Play, Christina Rosenberg, and Chris Brenninkmeyer.
Yes. Presize was acquired by Facebook in April 2022.