DeepGears
London
About DeepGears
Incorrect sizes and unmet expectations on how garments fit represent not only the main drivers of returns, but also a significant discomfort for customers who typically order multiple sizes to then send the unwanted items back. This process is cumbersome for customers, detrimental for both retailers' profitability and the environment and urgent to solve. We, at DeepGears, are developing a software aiming at solving this problem. With Deepgears, online shoppers can: ΓùÅ Visualize how garments truly fit on their virtual character, featuring their very same body measurements ΓùÅ Find out their perfect size ΓùÅ Discover DeepGears’ recommended products, empowered by advanced analytics on users’ physical trait data As a result, online consumers will shop online more easily, enjoying an experience closer to reality and ultimately return fewer unwanted items. Drawing from a successful Shopify’s case study on accessories, we have estimated that products equipped with DeepGears' software will experience a 20+% sales increase and 30+% reduction in returns. This will not only constitute an attractive value proposition to any retailer, but also reduce the immense amount of CO2 produced by the fashion industry.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: Less than $1M
- Total funding: $250.0K
- Funding stage: Seed
- Last round: Seed (Mar 2022)
- Website: deepgears.com
Industries & Categories
Apparel, Computer Vision, E-Commerce, Fashion, Machine Learning
Social Profiles
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