Fit Collective has raised £3 million in pre-seed funding. The company uses an AI sizing platform to help fashion brands improve garment fit. Inconsistent sizing is a major industry problem. It costs fashion companies an estimated $230 billion annually in returns and lost revenue. Nearly half of all womenswear purchases are returned. The platform acts as a co-pilot for designers before production begins. It analyzes sales data, fabric behavior, and customer return information to predict fit. This proactive approach helps brands create better-fitting clothes from the start. It reduces waste, cuts returns, and improves profitability. Fit Collective already works with brands like Rixo, Ro & Zo, and Boden. The funding round was backed by AlbionVC, SuperSeed, True Global, and January Ventures. The company also received an Innovate UK Smart Grant. This is reportedly the largest pre-seed round raised by a solo female founder in the UK. Fit Collective will use the capital to expand its team and advance product development.
Fit Collective raises £3M to advance its AI sizing platform
Fashion technology company Fit Collective raised £3M to scale its AI platform that helps brands improve garment sizing before production to reduce returns and waste.
By StartupHub.ai Staff, reviewed by Daniel Singer, Editor
1 min read
Fit Collective raises £3M to advance its AI sizing platform
Fashion technology company Fit Collective raised £3M to scale its AI platform that helps brands improve garment sizing before production to reduce returns and waste.
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TopicsAIEcommerceFashionFit CollectiveMachine LearningPlatformPre-Seed FundingVenture Capital
Written by
StartupHub.ai StaffEditorial team
The staff writers of StartupHub.ai, ranging from investment analysts to avid AI tool users, early adopters and critical enthusiasts. Backgrounds span engineering, business and the arts. We hold every piece to rigorous standards of research and review.
Written by
Daniel SingerEditor, reviewed this article
Daniel Singer is an AI expert who has been writing about, covering and building AI technology since 2018.
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