Local tech company Size&Me, which is developing various artificial intelligence solutions to minimize returns due to size mismatch in online clothing stores, went on an equity-based crowdfunding tour. Based on the concepts of creating and dressing avatars that will lead the metaverse world pushing the boundaries of digitization, the initiative has rapidly entered the e-commerce sector, which has become a company with an investment of 1 million in 2021. dollar appreciation. By offering 6 of its company shares to individual and institutional investors during its investment tour on the fundbulucu Invest platform, Size&Me aims to become a global leader with its advanced technologies by reaching a financing of 2 million 150 thousand TL. Investors will receive 20 bonus shares for investments made via EFT or credit card within the first 10 business days of the tour, which began at 10:00 AM on Monday, April 18.

With the aim of spreading the capital towards the base, the investor barrier is 1 TLCrowdfunding platform fundfinder, high-tech company Size&Me, which gave a whole new dimension to the entrepreneurship and investment ecosystem bybrought it together with investors. Size&Me is developing several artificial intelligence solutions for the textile industry, one of the biggest pie slices of e-commerce, which is expected to close the year 2022 with a turnover of more than 560 billion TL, with an annual growth rate of 65 percent with the pandemic. The venture company, which was founded entirely with domestic capital, offers its users the metaverse.It offers a digital proof case and wearable body avatar technology to find the right size in different products from different brands and to minimize returns that are not compatible with the body.

With the mission to respond to the different needs of today’s world where everything is digitized, with innovative and global solutions, Size&Me is on June 17.6 of the company shares in the investment journey, which will continue untilIt will try to reach a fund of 2 million 150 thousand TL by offering it to investors. mate and meIndividual and institutional investors wishing to become partners with; financier, with insurance from Capital Markets Board (SPK), Central Registry Agency (MKK), Takasbank and e-government or mobile app can buy shares of the venture company in minutes. For investments by EFT or credit card, 20 bonus shares will be issued to investors within the first 10 business days from 10:00 am Monday 18 April, the start date of the investment round.

“With our product we offer a profitable and sustainable value proposition”

mate and meCombining the test booths of today’s advanced technology and artificial intelligence solutions, it provides a value proposition that is both sustainable and mutually profitable.Ataberk Taçar, founder and CEO of Size&Me Co. If corporate customers can get to know their size in different brands, different collections and different product types in online shopping, without going to stores and test booths, their propensity to buy increases. At the same time, products purchased in the correct size are not returned due to incorrect sizing, which is the biggest reason for returns, and reduced returns significantly reduce operational costs. On the other hand, it is very important for the future of our world to protect the natural resources that are wasted in the production of surplus products produced by the companies to ensure fast shipping and avoid stock problems when new ones products are received after the return. Because there is a 2-fold difference in carbon emissions between returned and non-returned products. With the virtual test booth we have developed, we are solving the biggest problems of one of the fastest growing industries today and protecting our natural resources.”

We will ensure that the power we pursue in Turkey will dominate the whole world.”

Ataberk Taçar said at the end of the investment journey his short, medium and long term goals: Receiving investment in the crowdfunding tour, which we will begin through a platform like the financier, which has proven itself both with its reliability and with its contributions to the entrepreneurship and investment ecosystem, will accelerate us in every way. As a Turkish company, we will accelerate our work by showing not only the sparkling financial data we need, but also that hundreds of our investors trust us. In March 2021, we made our first investment with a valuation of $1 million, founded our company and grew rapidly. With our new investment, we want to close the existing collaborations in Turkey in the short term, have a larger data pool, grow into larger companies with the numbers we have, and grow quickly in the global market by starting activities in the US market. At the same time as we do this, we will be adding new high-skilled teammates to our team at the same time. In the medium term, we want to quickly start making our global agreements with our highly skilled bot team, which we have grown, both with the brand strength of the partnerships we have acquired and with the greater seriousness that our newfound appreciation will bring to the companies with whom we will be working together. In the long run, in the short run, we want to ensure that the power we pursue in Turkey will dominate the whole world, and we aim to both perfect and monopolize the solutions we have by producing new solutions. ”

How does Size&Me work?

With Size&Me, which works with 3 different solutions, Fast, Accurate and Meta, the users of the brands that have stores in the metaverse are held in front of the camera for a certain time according to the given voice instructions, and during this time technology takes their body measurements and combines it with 3D modeling. The result is a personalized dynamic 3D body avatar. What really sets Size&Me apart from its competitors is that the body avatar technology on offer is wearable. In other words, you will find the size that suits your taste, just like in the trial booth, according to the attitude towards you, rather than what size to buy, and your chance of return is minimized.

Source: (BHA) – Beyaz News Agency