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
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Sectors
Retail
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Email
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Phone
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Website
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Social
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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 Total Funding
- Total Rounds 2
- Last Round Seed — $768,452
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Seed - Presize | Valuation | PLUG & PLAY | |
| May, 2019 | Amount | Seed - Presize | Valuation | Plug and Play Tech Center |
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| 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 |
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. 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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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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A digital game and short film is offered by Plug & Play.
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Founded Year | Domain | Location | |
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Online social networking and communication services are provided globally.
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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 Presize
| 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 - Presize
| 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 |
Presize Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Virtual fitting solutions for online garment sizing are offered.
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| domain | founded_year | HQ Location |
AI-based marketing and PCM solutions are provided for fashion retailers.
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| domain | founded_year | HQ Location |
3D virtual try-on solutions are offered for fashion e-commerce platforms.
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| domain | founded_year | HQ Location |
Online platform offering personalized fitting technology and virtual try-on for fashion e-commerce
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| domain | founded_year | HQ Location |
Provider of virtual try-on solutions for e-tailers
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| domain | founded_year | HQ Location |
Interactive 3D product customization platform for retailers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Presize
Frequently Asked Questions about Presize
When was Presize founded?
Presize was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Presize located?
Presize is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Presize a funded company?
Presize is a funded company, having raised a total of $768.45K across 2 funding rounds to date.
What does Presize do?
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.
Who are the top competitors of Presize?
Who are Presize's investors?
Presize has 6 investors. Key investors include Facebook, Plug and Play Tech Center, Plug & Play, Christina Rosenberg, and Chris Brenninkmeyer.
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