About True Fit
True Fit is a company based in Boston (United States). True Fit has raised $151.9 million across 11 funding rounds from investors including Guggenheim Partners, Georgian and Espresso Capital. The company has 21 employees as of March 31, 2024. True Fit offers products and services including True Fit Platform and Fit Integration Service. True Fit operates in a competitive market with competitors including Wanna, Hexa3D, Emperia, Revieve and Banuba, among others.
- Headquarter Boston, United States
- Employees 21 as on 31 Mar, 2024
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Sectors
TechnologyRetail
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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 True Fit Development India Private Limited
- Date of Incorporation 19 Aug, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.44 M (USD)-23.6as on Mar 31, 2022
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Net Profit
$162.21 K (USD)-33.14as on Mar 31, 2022
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EBITDA
$215.24 K (USD)-36.37as on Mar 31, 2022
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Total Equity Funding
$151.9 M (USD)
in 11 rounds
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Latest Funding Round
$15 M (USD), Debt – Conventional
Dec 08, 2021
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Investors
Guggenheim Partners
& 9 more
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Employee Count
21
as on Mar 31, 2024
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Products & Services of True Fit
True Fit offers a comprehensive portfolio of products and services, including True Fit Platform and Fit Integration Service.
Provides AI-driven size and fit recommendations for online shoppers.
Enables retailers to add AI fit features to their websites.
People of True Fit
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Funding Insights of True Fit
True Fit has successfully raised a total of $151.9M across 11 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $15 million completed in December 2021. 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.
Investors in True Fit
True Fit has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Guggenheim Partners, Georgian and Espresso Capital.
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Venture capital is provided to expanding B2B software companies.
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Venture capital and funds of fund firm focused on multiple sectors
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Investor details for True Fit
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Investments & Acquisitions by True Fit
Investment portfolio details for True Fit
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Financial Statements - True Fit
Detailed financials for True Fit
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True Fit Comparisons
Peer comparison for True Fit
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Competitors of True Fit
True Fit 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 Wanna, Hexa3D, Emperia, Revieve and Banuba, among others.
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AR-based try-on app for shoe visualization in shopping is offered.
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SaaS platform for 3D content creation to enable AR/VR in commerce
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3D virtual solutions are offered online for fashion businesses.
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Personalized skincare recommendations are provided using AI analysis.
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Augmented reality content creation tools are provided using machine learning.
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AR-based virtual products are developed for metaverse try-on experiences.
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Detailed competitors of True Fit
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Latest news on True Fit
Complete news archive for True Fit
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Frequently Asked Questions about True Fit
True Fit is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
True Fit is a funded company, having raised a total of $151.9M across 11 funding rounds to date.
As of Mar 31, 2024, the latest employee count at True Fit is 21.
Annual revenue of True Fit is $1.44M as on Mar 31, 2022.
True Fit is based in Boston, United States, and focuses on the fashion retail sector. AI-driven fitting solutions are offered to assist retailers, brands, and consumers. Databases of apparel, footwear, and body measurement data are maintained to enable personalized product recommendations. Shoppers are supported in identifying suitable styles and sizes through algorithmic matching, facilitating informed purchase decisions across online platforms.
True Fit offers True Fit Platform and Fit Integration Service.
True Fit has 10 investors. Key investors include Guggenheim Partners, Georgian, Espresso Capital, Jump Capital, and Signal Peak.