True Fit

Boston, United States
AI-based fitting solutions are provided for fashion retailers.

About True Fit

True Fit is a Technology company based in Boston (United States). AI-based fitting solutions are provided for fashion retailers. It operates in the Technology and Retail sectors. 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. Its website truefit.com draws about 67 thousand monthly visits. Its Indian entity True Fit Development India Private Limited reported revenue of β‚Ή8.48 Cr. True Fit offers products and services including True Fit Platform and Fit Integration Service. Its focus areas include Brands Tech, Customer Experience Management, Virtual Trials and Diversified.

Company details

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.

  • Headquarters Boston, United States
  • Employees 21
  • Sectors
    Technology
    Retail
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website truefit.com
  • Social LinkedIn X Facebook
  • Legal Name True Fit Development India Private Limited
  • Date of Incorporation 19 Aug, 2016
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹8.48 Cr

    FY 2024 · -10% YoY

  • Indian entity net profit
    ₹95.1 Lakh

    FY 2024 · 11% margin

  • Indian entity EBITDA
    ₹1.37 Cr

    FY 2024 · 16% margin

  • Total Equity Funding
    $151.9M (USD)

    in 11 rounds

  • Latest Funding Round
    $15M (USD), Debt – Conventional

    Dec 2021

  • Investors
  • Employee Count
    21

Products & Services of True Fit

True Fit offers a comprehensive portfolio of products and services, including True Fit Platform and Fit Integration Service.

True Fit Platform
AI Fit Guidance

Provides AI-driven size and fit recommendations for online shoppers.

Fit Integration Service
E-commerce Tool

Enables retailers to add AI fit features to their websites.

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.

  • Total Funding $151.9M
  • Total Rounds 11
  • Last Round Debt – Conventional β€” $15M
  • Investors Count 10

Latest 10 of 11 funding rounds of True Fit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2021$15MDebt – Conventional––
Dec 2021$30MSeries C–Georgian
Jan 2018$58.57MSeries C–Georgian
Jul 2016$25MSeries B–Jump Capital, Signal Peak
–
Jun 2016Series B––
Jul 2015$20,000Series A––
–
Jan 2015$15MSeries A–Signal Peak, Promus Ventures
Oct 2014$14.59MSeries A––
–
Aug 2011$4.36MSeries A––
–
Jul 2011$4.36MSeries A––
–
Valuation history

10 investors in total: 10 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture debt firm
espressocapital.comToronto, Canada
Venture capital is provided to expanding B2B software companies.
2008georgian.ioToronto, Canada
Venture capital and funds of fund firm focused on multiple sectors
jumpcap.comChicago, United States
Early-stage investments in US tech and life sciences are targeted.
spv.comSalt Lake City, United States
Investment in technology startups focusing on compute, AI, and related innovations.
intelcapital.com
Sector-agnostic investments in late-stage startups are made by Cross Creek.
crosscreek.vcSalt Lake City, United States
Tech-focused VC firm investing in geographies such as the US
byucougarcapital.orgProvo, United States
Early-stage tech companies are invested in by Promus Ventures.
promusventures.comChicago, United States
Venture capital investments are facilitated by Breakaway in Massachusetts.
breakaway.comBoston, United States
Asset management and investment advisory services are provided to clients.
1999guggenheimpartners.comNew York, United States
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Investor details for True Fit

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of True Fit Development India Private Limited (True Fit)

True Fit Development India Private Limited is the primary company behind True Fit. The board of True Fit Development India Private Limited currently have 2 directors; the longest-serving is Jessica Arredondo Murphy, appointed in 2021. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Jessica Arredondo Murphy
DIN 07568689
Director23 Aug 20215 yrs 2 moTrue Fit Development India Private Limited
Naresh Ashok Sachwani
DIN 10994260
Additional Director25 Mar 20251 yr 7 moTrue Fit Development India Private Limited

People of True Fit

24 people are tracked at True Fit (11 in leadership, 5 in board & advisors, 8 in team); the tracked headcount is 21.

NameRoleGroup
Maria Thomson
Director, Technical Solutions And SupportLeadership
Co-founder & CEOLeadership
Chad Kelly
CFOLeadership
Maura Haley
Chief People OfficerLeadership
Romney Evans
Co-founder and Chief Marketing OfficerLeadership
Chris Martel
VP of SalesLeadership
Raj Chandrasekaran
Chief Technology & Product OfficerLeadership
Ramachandran Iyer
Country Head, VP Of TechnologyLeadership
Laura Tentas
Director Of Product MarketingLeadership
Jane Freeman
Director, Revenue And Sales OperationsLeadership
Jyotsna Singh
Head Of ProductLeadership
Bill Adler
Co-founder & AdvisorBoard & advisors
Brandon Tidwell
Board MemberBoard & advisors
Daniel Bobroff
Advisory Board MemberBoard & advisors
Phil Williams
Board ObserverBoard & advisors
Michael McMahon
Board Of DirectorsBoard & advisors
Jeffrey Danziger
Senior Product ManagerTeam
Jeremiah D.
Technical Support EngineerTeam
Kajal Salian
Program Manager, Business OperationsTeam
Stella Paramanantham
Solutions EngineerTeam

4 more people are available in the full profile.

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Complete people profiles for True Fit

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Financials of True Fit

Figures of True Fit Development India Private Limited, the primary company behind True Fit, for FY 2024. Revenue was ₹8.48 Cr (-10% year on year). Net profit was ₹95.1 Lakh (11% margin). EBITDA was ₹1.37 Cr (16% margin). Revenue has grown at a compounded annual rate of -18% over three years and -6% over five years.

  • ₹8.48 CrRevenue · FY 2024 · -10% YoY
  • ₹95.1 LakhNet profit · 11% margin
  • ₹1.37 CrEBITDA · 16% margin
  • ₹1 LakhPaid-up capital
  • 21Employees (provident fund records)
  • -18%Revenue CAGR, 3 years
  • -6%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of True Fit Development India Private Limited are on its company page.

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Detailed financial statements for True Fit

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of True Fit

2 dated milestones of True Fit across 11 years, from founding to its latest funding, stage changes and deals.

  1. Funding First funding round.
  2. Funding Latest funding round, Debt – Conventional, of $15.0M.

Web traffic of True Fit

The website of True Fit (truefit.com) receives about 67.1K visits a month.

  • Monthly visits
    67.1K

    ▲ 1.8% vs previous month

Similar websites

Websites whose visitors overlap most with True Fit. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
www1.macys.com
www1.macys.com
100%
–
secretsaucepartners.com
91%
View details
shop.nordstrom.com
shop.nordstrom.com
87%
#717,359–
fitanalytics.com
74%
22.7K#1,248,196View details
virtusize.com
72%
16.8K#1,492,348View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 14 similar websites and full traffic analytics for True Fit

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 14 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Brand & Marketing Technology

3 companies that operate in the same segment as True Fit (Brand & Marketing Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
SaaS email marketing solutions are offered to e-commerce businesses.
2012Boston, Massachusetts, United StatesUSD 778.5 MUSD 1.23 B3,008
Platform acquiring Amazon FBA brands
2018Walpole, Massachusetts, United StatesUSD 3.4 B233
SaaS-based collaborative commerce solutions are provided for brands and retailers.
2000New York, New York, United StatesUSD 365 MUSD 240.52 M2,144
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Related news about True Fit

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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. The company's 1st funding round was a Series A of $4.36M, raised on Jan 2010.

True Fit has 21 employees.

The primary company behind True Fit, True Fit Development India Private Limited, reported revenue of β‚Ή8.48 Cr for FY 2024, down 10% year on year.

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.

True Fit operates through True Fit Development India Private Limited.

The legal entities of True Fit currently have 2 directors, including Jessica Arredondo Murphy, Naresh Ashok Sachwani.

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