
Startup.Network
541 Jefferson Ave, Ste 100, Redwood City, CA, 94063, United States
Overview
Startup.Network is an investment and social platform for venture capital market participants (startups, private investors, professional consultants, etc) that helps entrepreneurs to quickly find the first rounds of investment for their start-ups, investors - to invest effectively, and professional consultants to earn money on this process.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 7
Sector focus
- Business Development
- Financial Services
- Funding Platform
- Online Portals
- Venture Capital
Investment portfolio
- 3DLOOK
Participated · Series A · Jan 2022
3DLOOK offers AI-first mobile body measuring and fit solutions, including its virtual fitting product YourFit. The platform generates personalized shopping experiences using consumers' unique body profiles to drive conversion and reduce returns. In November 2021 the company raised an additional $3.5M, bringing the total Series A to $10M. The tranche was led by Spidertek, with participation from Ukrainian investors Flyer One Ventures and Startup.Network and a group of American business angels. 3DLOOK plans to use the funds to scale YourFit, add rapid integration with leading e-commerce platforms, increase personal data protection, and update its interface. The company has been recognized as a 2020 Pioneers of the world, a 2019 LVMH Innovation Award winner, and a winner of the IEEE Retail Digital Transformation Grand Challenge. 3DLOOK builds camera-enabled, AI-first mobile solutions that instantly measure the human body using a patented combination of computer vision and 3D statistical modeling from just two photos. Its core products deliver personalized fit and size recommendations for online shoppers and provide brands with body data intelligence to optimize design, product development, inventory planning and distribution. Brands using 3DLOOK’s solutions have seen roughly 30% decreases in return rates and fourfold increases in conversion year over year. The company counts more than 100 customers worldwide, including Tailored Brands, 1822 Denim, Fechheimer Brothers and Safariland. Revenue has increased 5.6 times since April 2020, and total fundraising to date is $11.2 million. 3DLOOK plans to expand its U.S. leadership team, establish new R&D labs in the U.S. and Western Europe, and extend its technology into made-to-measure furniture and car seats, health and fitness tracking, game avatars, and real-time AR try-ons. 3DLOOK develops a mobile body-scanning technology that uses a patented combination of computer vision, neural networks and 3D statistical modeling to generate a 3D avatar and more than 70 measurements from two photos in under 30 seconds. The company serves apparel and uniform customers, working with more than 25 companies and recently deploying its solution in over 200 stores of a major U.S. retailer with plans to expand to 1,000+ more within a month. It is using the new funding to scale its R&D team and support customers that need contactless measurement solutions. 3DLOOK plans to raise a Series A round early next year to continue growth. Founded in 2016 and led by CEO Vadim Rogovskiy, the company is based in San Mateo, California. The team has previously raised $4.2M to date from a group of investors listed in the articles. 3DLOOK develops a Scanning Artificial Intelligence for Apparel (SAIA) that captures human body measurements from just two casual smartphone photos. The company offers an API for desktop and an SDK for mobile so brands and stores can gather customer measurements and generate size and fit recommendations. 3DLOOK also collects fit profiles segmented by geographic location, age, and gender to help brands design better-fitting clothing. The team reports a database of about 200,000 profiles and says it works with eight paying customers and five large enterprise systems, including Lemonade Fashion and Koviem. Founders Vadim Rogovskiy, Ivan Makeev, and Alex Arapov spent over a year on R&D before creating SAIA in 2016. The product is positioned to reduce e-commerce returns by improving fit accuracy and helping retailers sell more apparel.