Founded in 2023 by Nigerian-American entrepreneur John Imah, SPREEAI offers one of the first AI-driven “digital closets,” letting shoppers virtually try on garments with 99.9% accuracy. The white-label software can be embedded in retailers’ sites, apps, and physical stores, turning customers into photorealistic models of themselves and driving higher conversion rates—CFDA reports a 25% sales-lift among brands using the technology. Headquartered in Silicon Beach, California, the company has assembled a high-profile board that includes supermodel Naomi Campbell and business figures Larry Ruvo and Bob Davidson. SPREEAI has also forged research and distribution partnerships with MIT, Carnegie Mellon, and the Council of Fashion Designers of America, and is expanding the platform into a full AI stylist and wardrobe manager. The startup reached unicorn status in 2024 and now carries a valuation exceeding $1.5 billion. Financial backing began with a $70 million seed round, and a larger follow-on raise in 2024 further accelerated growth (amount undisclosed).

Total raised

$70M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2026