About Volumental
Volumental is a company based in Stockholm (Sweden) founded in 2012 by Caroline Walerud.. Volumental has raised $17.74 million across 7 funding rounds from investors including European Union, Vinnova and CNI Nordic. Volumental offers products and services including In-Store Scanner, Online Sizing Solution, and Omnichannel Toolbox. Volumental operates in a competitive market with competitors including Wanna, SafeSize, Voxelcare, CertaScan and ShoeSize.Me, among others.
- Headquarter Stockholm, Sweden
- Founders Caroline Walerud
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Volumental Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.74 M (USD)
in 7 rounds
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Latest Funding Round
$13 M (USD), Series B
Dec 21, 2021
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Investors
European Union
& 11 more
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Employee Count
Employee Count
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Products & Services of Volumental
Volumental offers a comprehensive portfolio of products and services, including In-Store Scanner, Online Sizing Solution, and Omnichannel Toolbox. 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.
Captures 3D foot measurements for instant footwear recommendations.
Enables smartphone-based foot scans for online retail integration.
Delivers unified fit experiences across in-store and online channels.
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Funding Insights of Volumental
Volumental has successfully raised a total of $17.74M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $13 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 Total Funding
- Total Rounds 7
- Last Round Series B — $13.0M
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First Round
First Round
(22 Apr 2013)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - Volumental | Valuation | CNI | |
| Aug, 2018 | Amount | Series A - Volumental | Valuation | Forward Venture Capital , Walerud Ventures | |
| Mar, 2017 | Amount | Grant - Volumental | Valuation |
investors |
| 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 |
Investors in Volumental
Volumental has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Vinnova and CNI Nordic. 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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Late-stage investments are focused on Nordic tech startups.
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Founded Year | Domain | Location | |
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Venture capital investments are made in Nordic scale-up companies.
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Founded Year | Domain | Location | |
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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 Volumental
| 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 - Volumental
| 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 |
Volumental Comparisons
Competitors of Volumental
Volumental 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, SafeSize, Voxelcare, CertaScan and ShoeSize.Me, 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 |
AR-based try-on app for shoe visualization in shopping is offered.
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| domain | founded_year | HQ Location |
Shoe fitting solutions are delivered via 3D scanning for retailers.
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| domain | founded_year | HQ Location |
CAD/CAM systems for foot care and footwear are developed.
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| domain | founded_year | HQ Location |
An infant foot scanning system for hospitals
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| domain | founded_year | HQ Location |
Provider of shoe size recommendation tools for footwear e-tailers
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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 Volumental
Frequently Asked Questions about Volumental
When was Volumental founded?
Volumental was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Volumental located?
Volumental is headquartered in Stockholm, Sweden.
Is Volumental a funded company?
Volumental is a funded company, having raised a total of $17.74M across 7 funding rounds to date. The company's 1st funding round was a Grant of $1.57M, raised on Apr 22, 2013.
What does Volumental do?
Volumental was founded in 2012 in Stockholm, Sweden, as a provider of AI-driven 3D foot scanning technology within the computer vision and health tech sectors. Videos captured by depth cameras are converted into detailed 3D foot models, from which measurements such as length and width are extracted. A cloud-based software platform enables scanning, viewing, sharing, editing, and 3D printing of these models, supporting applications in virtual environments and online platforms.
Who are the top competitors of Volumental?
What products or services does Volumental offer?
Volumental offers In-Store Scanner, Online Sizing Solution, and Omnichannel Toolbox.
Who are Volumental's investors?
Volumental has 12 investors. Key investors include European Union, Vinnova, CNI Nordic, Backstage Invest, and Abanico Invest.
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