WEARFITS is for apparel and footwear companies looking to increase sales and reduce returns. We improve digital shopping with XR / AR solutions, try-on and size-fitting, powered by AI & ML.
We already have our first sales in Poland and a few small pilots worldwide. We implemented AR for the sportswear collection of Robert Lewandowski. A few weeks ago we finished implementing AR try-on for one of the largest footwear retailers in the most popular ecommerce app in Poland, used by 10 millions users.
Almost 2 years ago we raised a pre seed round. Last year we got an EU grant for research and development. In the following months we’d like to raise a seed round to launch an automated SaaS platform and start sales globally.
Problem or Opportunity
Fashion industry struggles with low conversion rates and large amounts of returns. Even 30% of products purchased online are returned. Returns due to a mismatch in size or look are a huge and growing problem in fashion e-commerce. Users also demand better digital shopping and product experience.
Solution (product or service)
We enable customers to get a better feel for the products they buy online by visualizing them in AR and offering size advisors, so they can try on clothes and shoes at home.
We offer comprehensive solutions consisting of: digitisation, visualization and size fitting for both parts of the market - apparel and footwear. Unlike the competition, we cover the entire digital transformation process.
Our great advantage is the technology of automatic digitization of shoes based on photos.
Our business model is simple and scalable. We sell subscriptions. The price is 60 EUR per product per year. Right now we reach clients directly but our goal is to transform the business into a self-service SaaS model.
We believe we can win the global market of digitization and AR try-on for the footwear industry in 3 years. And ultimately we’d like to become a leader in AR solutions.
We target fashion manufacturers and footwear retailers. Global fashion industry, valued at $1.5 trillion. AI in retail is set to be worth $19 billion by 2027.