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TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers

TechCrunch

TryNow — which provides technology to online retailers that use Shopify Plus to let their customers receive and try out apparel, return what they don’t want and pay only for what they keep — has raised $12 million, funding that it will be using to continue expanding its business.

Retail 253
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Twinco Capital scores €3M for its supply chain finance solution

TechCrunch

The entire process is digital, promising a quick decision and fast deployment of funds, and is powered by Twinco’s supply chain analytics and the data it is able to access by partnering with both sides of the supply chain. Take any global supply chain, such as apparel, automotive, electronics etc.

Apparel 255
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Stop guessing your KPIs; Varos shows e-commerce, SaaS companies how you compare to peers

TechCrunch

Users get a dashboard where they can compare to, for example, an apparel company spending $100,000 a month on digital marketing with average order values of a certain amount and get a graph of how that has moved over time. With Varos, it is all self-serve. Varos founders, from left, Gil Shaked, Yarden Shaked and Lior Chen.

Company 285
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Snap quietly acquired 3D-scanning startup Th3rd last year

TechCrunch

In March 2021, Snap acquired Fit Analytics to further its AR-fueled move into e-commerce. Snap isn’t the only company that has been investing in AR-powered commerce, however, as Pinterest and Google have also leveraged AR to allow shoppers to try on makeup, apparel, and accessories. and Canada in the Amazon iOS app.

3D 249
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Observability startup Better Stack lands $18.6M in new cash

TechCrunch

Masar, who has several startups under his belt, previously was the VP of engineering at Represent.com, an apparel e-commerce merchant. ” Better Stack’s product is built on top of ClickHouse, a Yandex-developed database management system that lets users generate real-time analytics reports via SQL queries. .

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Lily AI lands new capital to help retailers match customers with products

TechCrunch

Meta has also experimented with apparel attribute prediction for Facebook Marketplace, two years ago showcasing a system that could extract clothing attributes and fashion styles from photos of models on Instagram and Flickr. .

Retail 226
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Innovative Solutions for Modern Apparel Fulfillment Challenges

Strategy Driven

In today’s fast-paced world of apparel retail, fulfilling customer orders quickly and accurately is more crucial than ever. However, achieving efficient apparel fulfillment poses significant challenges that require innovative solutions. Meeting these expectations requires streamlined processes and efficient logistics.

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