Business
Findmeashoe has built a "virtual fitting" system for footwear retail that can replace industry's 150 years old "size scale". Using the system, Shoppers can find the best fitting pair for their feet with a click of a button. The technology enables online retailers to cut down size related returns by up to 70% and capture retail market share beyond 20%.
How does "virtual fitting" work?
Shoppers register for virtual fitting service by taking 3 pictures of their feet using the mobile app. Once registered, shoppers get personalized fit recommendation for all the supported footwear models at partner e-commerce sites. Findmeashoe's proprietary algorithm uses 6 different parameters (unlike 1 or 2 in size scale) from shoe's 3D model and foot 2D images to provide accurate fit recommendation.
Team
Findmeashoe was founded by seasoned multi-disciplinary team with expertise in computer vision, product design, and business. One of the founders is a serial entrepreneur with two successful exits. The company's active advisory board has three senior phds including a valley entrepreneur. Founding team has engineering, business and design degrees from IITs, Stanford, IIM-A, and Domus Academy (Italy).
Accolades
• Selected as one of country’s Top-5 start-ups for investment by 300+ Angel & Early stage investors in Lets Ignite 2016 event
• Invited by NASSCOM to participate in a India start-up showcase event in Silicon Valley (Innotrek 2016)
• Graduate of Target Accelerator Program 2015.
Media Coverage
• Vccircle.com, “Findmeashoe, OS Labs raise investments from Ventureast’s new tech fund”, 05 October 2016
• Economic Times, Front Page Headline, “Startups like Findmeashoe.com developing technologies for e-tailers”, 13 April 2015
• The Mint, Transformational Ideas Section, “Using Virtual Reality, AI to entice online users”, 31 August 2015
• The Business Line, Entrepreneurs section, “Three on a Sole Searching mission”, 20 April 2015
Location: United States, California, West Sacramento
Member count: 11-50
Founded date: 2013
Investors 2
Date | Name | Website |
- | Techstars | techstars.... |
24.01.2023 | Astarc Ven... | astarcvent... |
Mentions in press and media 1
Date | Title | Description | Category | Author | Source |
12.10.2017 | Here's Wha... | When the Target + Techstars Re... | Stories R... | - | bizjournal... |