Freestylo

Freestylo is an online service for finding and selecting clothes using artificial intelligence. The startup also has its own staff of stylists and a logistics service. The site does not have a familiar range of clothes. To use the service, you need to fill out a questionnaire, talking about your style, figure and preferences in clothes. Selected items are delivered to the client home, where the client can try on clothes and pay only for things he likes. The selection of "onions" is free, the buyer pays only for the selected things. Stylists pick up seven things for free for users and make up three of them.

History

2021: Attraction 500 thousand euros

On July 9, 2021, Freestylo announced the attraction of 500 thousand euros in investments. Private investors Manfred Bodner and Norbert Tüfelberger invested in the project. The parameters of the transaction, including the shares of investors and the estimated value of Freestylo, are not disclosed. For a startup, these are the first funds received from outside, the company said in a statement received by TAdviser.

Russian online clothing service Freestylo attracted €500 thousand investment

Freestylo claims that by July 2021 the monthly turnover of the service exceeds 1 million rubles, the company has already completed more than 1000 orders. Freestylo works in Moscow and plans to launch in St. Petersburg during 2021, and by the spring of 2022 in other major cities of Russia. Freestylo co-founders Vage Taamazyan, Stanislav Podshivalov and Mikhail Matrosov own the Sizolution technology project - B2B service, which helps customers of online clothing stores with a choice of the right size.

Freestylo, founded in 2020, is owned by Sizolution (24%), Bodner Manfred (20%), Anastasia Taamazyan (17.3%), Vage Taamazyan (12.9%), Mikhail Matrosov (12.9%) and Stanislav Podshivalov (12.9%) by July 2021, according to the Unified State Register of Legal Entities.