Kleep is a Paris generative AI start-up that has built a product discovery platform aimed at reducing size- and fit-related e-commerce returns. The platform uses generative AI to mimic the interactive, personalised assistance usually provided by in-store sales representatives. Kleep says its solution can cut size-related returns by up to 50% and lift conversion rates by 15–25% by boosting customer confidence and satisfaction. Research cited in the article notes one in three garments purchased online is returned, costing retailers €30 billion annually worldwide and producing 35 million tons of greenhouse gases per year. The company is on track to serve 20 active clients one year after launch and will soon announce a strategic contract with a leading French retailer that attracts over 50 million visitors to its site each year. Kleep plans to invest its latest funding into enhancing its product discovery platform and accelerating its commercial rollout.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2023