10 years ago
Mallzee, the "Tinder of fashion," secures £2.5M to personalize shopping
Mallzee, a UK-based startup that operates a personalized shopping app with a Tinder-like interface, has raised £2.5 million in funding
The round was led by Royal Mail Group, with participation from Scottish Investment Bank, Par Equity, and several individual investors
Mallzee has raised a total of £3.1 million since its founding in 2013
The company plans to use the new funding to expand its user base and develop new features
Mallzee's platform allows users to browse and purchase fashion items from over 100 retailers
The app uses a swipe interface to help users quickly find items they like
Mallzee's personalization technology creates unique style profiles for each user, which helps the app recommend relevant products.
ProblemTechnology
"finding the perfect outfit online is time-consuming and frustrating."
Solution
"Mallzee's app uses a Tinder-like interface to let users swipe through clothes from over 100 retailers. The app personalizes recommendations based on user preferences and provides retailers with data on how their products are performing."