Press room
Fashion Forward: how technology is reshaping the industry
Soon on SeedBlink | Join The Outfit's Pitch & Q&A
Join the online event with:
➢ Ciprian Dudulea - Co-Founder & CEO The Outfit
➢ Serban Buliga - Co-Founder The Outfit
➢ Horia Stupu - Co-Founder The Outfit
➢ Ilinca Paun - Angel Investor Bravva Capital
➢ Mircea Ghita - Deal Captain SeedBlink
➢ ➢ ➢ Register here
We all need clothes. There is no dispute about that. But what clothes should we buy, with all the options? And how much time do you want to spend to find the right fit?
According to studies, the average woman shops 301 times a year, spending nearly 400 hours. That equates to 8.5 years a woman spends shopping over the course of her lifetime. However, much of this time is spent selecting and trying on a variety of clothing items. If the choice is not made correctly, this can lead to incorrect styling and clothes bought but not worn.
The Outfit is a fashion platform that combines data science and personal shoppers to find and create the right outfits for women based on their fit and style preferences. When women sign up on the platform and create their profile, an assigned stylist selects items with the help of an algorithm and sends them home to be tried on. The recipient then chooses what she wants to keep and returns the pieces she does not want.
🗓️ The private opportunity will begin on Thursday (June 9), at 10:00 AM (GMT+3), while the public launch is scheduled for June 16.
Why we love The Outfit
- Targets one of Europe's largest markets - Apparel - expected to reach €500 billion in 2023.
- Good traction: €805,000 in net revenue and +16.000 orders delivered in the last 12 months.
- Strong and dedicated team with entrepreneurial education and startup experience.
- The Seed round of €516,000 is led by TSG Capital and supported by a group of business angels including Sergiu Neguț (co-founder of Fintech OS), Ilinca Păun (former CEO of Colliers Romania), Alexandru Ghiță (founder of EDUCATIVA Group) and Andreas Antonopoulos (Partner of Venture Growth Partners Fund).
Join the Pitch & Q&A on Thursday, June 8, from 18:30.
PublishedJune 01, 2022
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