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Texel

Company

Assets

Texel — software developer and producer professional 3D - scanners for receiving 3D models of people and large-size objects.

2018: Investments from IIDF

The IIDF invests 51.7 million rubles in Texel company which developed technology of creation of parametrical model of the person. The company will direct the involved investments to patenting and further improvement of technology and also expansion on the markets of the USA and the countries of Europe.

The Texel scanner can create a 3D model in 90 seconds
The Texel scanner can create a 3D model in 90 seconds

According to developers, the created Texel 3D - the scanner for people and large-size things is one of the fastest in the market — process of creation of model takes about 90 seconds. Scanners of the company work in 11 countries and, according to the statistics Texel, each 10 minutes of the device scan the new person.

According to data of the USRLE as a result of investments the IIDF received a 3.3% share in the company. The largest co-owner of Texel is Sergey Klimentyev (32.8%).

Now the Texel command works on artificial intelligence technology (AI) which will allow to create a 3D model of the person even without use of the scanner. AI studies at own and world's largest database - it is more than 60 thousand color 3D models of a human body collected by means of the Texel scanners in activation campaigns of the largest brands (Visa, MasterCard, HP, Cisco, 20 century FOX, etc.). Thanks to a unique data set of Texel it is invited in the closed international consortium (Intel, Target, Columbia, Lectra, etc. enter) on development of the standard of a 3D model of a body of the person of IEEE 3D Body Processing where supervises standardization of file formats.

Texel calculates what within a year of AI will allow to create parametrical models and to determine the exact sizes by a photo — by means of the smartphone or the camera mounted in retail store.

Texel technologies can be applied in many spheres, but at present the command decided to be focused on retail. In particular, use by buyers of own "virtual copies" will allow to select more effectively to itself models and clothing size at orders online and, as a result, to make repeated purchases more often.

Thus, use by buyers of the 3D models will allow online stores to reduce percent of return of goods (according to the statistics, in the USA this indicator reaches 40%, or nearly $260 billion a year) and to increase sales volume (as showed a research, 85% of buyers are ready to purchase in addition 1-2 things if are sure that the size will approach).

Besides, the 3D technology - scannings of the person can make shopping process more smart and personalized. The solutions Texel allow to recommend to buyers certain brands and collections of clothes and also the sizes and even style, proceeding from figure type.

Texel already carried out pilot programs, for example, in one of the largest shopping centers of Europe: from the scanned 20 thousand people of 90% visited shops which were advised by the Texel system, and 50% purchased clothes according to the recommendation. Additional benefit for retail — the buyer can save the measurements and use them for the subsequent orders online.

«
To the idea of a virtual fitting room more than 20 years. This market is covered with bones of the companies which tried to solve a problem of selection of suitable clothes. Someone lacked technology, at someone the business model was not glued, someone was not able to master integration. We analyzed a bad experience of the companies, gathered strong team of natives of Deutsche Bank, BCG, Unilever, Samsung Research and Mail.Ru Group (group of the recommendatory systems) and received good metrics as a result of the carried-out pilots. The involved investments will allow us to turn shopping for clients into even more pleasant and effective occupation, having saved from forced fitting and need to think of clothing size. And brands will come sewing only what suits real people, but not digits from the table of the dimensional hill — Sergey Klimentyev, the cofounder and the director of business development of Texel explains.
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«
Data on clients — not only interests, demography and solvency, but also parameters of a body, dynamics of their changes — can strongly change key indicators of business: raise an average bill, increase number of repeated purchases, reduce returns of goods, etc. of Texel with their strategy of collecting of 3D models of the person, technologies of parametrization and strong team has all necessary components to become the leader in the market in the next three-four years — Ilya Korolev managing a portfolio of IIDF considers.
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