Tech Company Financing Transactions

True Fit Funding Round

True Fit, based in Boston, received $25 million from Intel Capital, Jump Capital and Signal Peak Ventures.

Transaction Overview

Company Name
True Fit
Announced On
7/13/2016
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors

Intel Capital (Lead Investor) (Sanjit Dang)

Jump Capital (Lead Investor) (Michael McMahon)

Signal Peak Ventures (Lead Investor) (Brandon Tidwell)

Proceeds Purpose
The new funding brings total investment in True Fit to $40 million and it will be used to serve rising demand and growth, as well as to drive continued innovation for retailers across all channels. The new investment will also accelerate market growth of innovative new products from True Fit's Genome platform for fashion retailers, who seek seamless personalization services from a unified data platform across all devices and channels.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
60 State St. 12th Floor
Boston, MA 02109
USA
Phone
Undisclosed
Website
www.truefit.com
Email Address
Not Recorded
Overview
My True FitSM is an e-commerce site powered by proprietary True FitSM software that deftly matches individuals to the items of clothing and shoes that best fit their personal style and unique body type.
Profile
True Fit LinkedIn Company Profile
Social Media
True Fit Company Twitter Account
Company News
True Fit News
Facebook
True Fit on Facebook
YouTube
True Fit on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
William Adler
  William Adler LinkedIn Profile  William Adler Twitter Account  William Adler News  William Adler on Facebook
Chief Financial Officer
Chuck Badavas
  Chuck Badavas LinkedIn Profile  Chuck Badavas Twitter Account  Chuck Badavas News  Chuck Badavas on Facebook
Chief Marketing Officer
Romney Evans
  Romney Evans LinkedIn Profile  Romney Evans Twitter Account  Romney Evans News  Romney Evans on Facebook
VP - Engineering
Jeff Putz
  Jeff Putz LinkedIn Profile  Jeff Putz Twitter Account  Jeff Putz News  Jeff Putz on Facebook
VP - Sales
Vince Beese
  Vince Beese LinkedIn Profile  Vince Beese Twitter Account  Vince Beese News  Vince Beese on Facebook

 

 

Browse more venture capital transactions:

Prev: 7/13/2016: Formation Data Systems venture capital transaction
Next: 7/13/2016: Bay Dynamics venture capital transaction

 

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