Fits.me

RetailSeries ATallinn, Estoniafits.me

Latest round

Series A

Last raised

Apr 2013

Total raised

$8.9M

Investors

4

About Fits.me

me is a technology firm based in Tallinn, Estonia, focusing on advanced solutions for B2B and B2C markets. Founded by Emma Hayes, the company has evolved its strategies over time to adapt to market needs.me was acquired by Rakuten for an undisclosed amount.The company specializes in a diverse range of innovative products and services aimed at addressing specific customer needs across various industries. Their core offerings include advanced technological solutions tailored for both B2B and B2C markets, which enhance operational efficiency and user experience. These products have been strategically designed to cater to a wide array of end users, including businesses in sectors such as healthcare, finance, and retail, facilitating streamlined processes and improved outcomes. Geographically, the company has successfully penetrated markets in North America, Europe, and parts of Asia, ensuring its solutions are accessible to a global audience.The company's revenue model is structured around a combination of direct sales and subscription-based services, allowing for a steady revenue stream. Clients typically engage in transactions through annual subscriptions for access to software platforms, alongside one-time purchases of specialized hardware. This dual model not only caters to immediate client needs but also fosters long-term relationships through recurring revenue. The pricing structure is designed to accommodate various customer segments, with flagship products priced competitively within the market while offering substantial value.30 mn to introduce new products designed to enhance customer engagement and operational efficiency. The company aims to expand its reach into new markets, particularly in Asia and South America, by 2017. The funds will support product development and marketing efforts essential for successful entry into these regions, following the acquisition by Rakuten in July 2015.

Who invested in Fits.me

4 investors across 3 rounds

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Funding rounds

  1. Series A

    Apr 17, 2013

    Amount

    $5.2M

    Investors

    Locked

  2. Series A

    Feb 7, 2012

    Amount

    $2M

    Investors

    Locked

  3. Seed

    Sep 22, 2010

    Amount

    $1.7M

    Investors

    Locked

Questions about Fits.me

Who invested in Fits.me?

Fits.me has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Fits.me raised?

Fits.me has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Fits.me last raise money?

Fits.me's most recent round on record is a Series A, in Apr 2013.

What does Fits.me do?

me is a technology firm based in Tallinn, Estonia, focusing on advanced solutions for B2B and B2C markets.

Where is Fits.me headquartered?

Fits.me is headquartered in Tallinn, Estonia.

Which VCs invest in companies like Fits.me?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back retail companies at Fits.me's stage. Their profiles are linked below.

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