# Heuritech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/heuritech

- Industry: Software
- Headquarters: Paris, France
- Website: www.heuritech.com
- Total disclosed funding: $5.7M
- Latest round: Series A (Sep 2, 2019)
- Investors on record: 2

## About

Based in France, Heuritech, SAS specializes in AI-driven trend forecasting for the fashion industry, providing valuable insights through advanced visual recognition technology.Founded in 2013, Heuritech, SAS is headquartered in Paris, France, and focuses on AI-based analytics for fashion. The company has raised a total of EUR 4.08 mn in funding, with the latest Series A round occurring on September 2, 2019, involving investors Elaia Partners and Serena. CEO Tony Pinville leads the firm, which has completed 2 deals to date.Heuritech specializes in AI-driven trend forecasting specifically for the fashion industry. Their core product, Market Insights, analyzes over three million social media images daily, detecting more than 2,000 fashion attributes such as colors, fabrics, and silhouettes. This technology enables apparel brands to accurately forecast demand, refine product assortments, and optimize production processes. Heuritech serves a diverse clientele, including high-end luxury brands and sportswear leaders across North America, Europe, and Asia, providing actionable insights to align collections with consumer expectations and market trends.In the most recent fiscal year 2021, Heuritech reported revenue of EUR 2,660,396.70 with an EBITDA of EUR -477,112. The company operates on a B2B model, generating revenue primarily through subscriptions to its analytics platform, Market Insights, and through partnerships with fashion and luxury brands, offering tailored solutions for trend anticipation and data-driven decision making.Heuritech plans to leverage the recent Series A funding of EUR 4.08 mn raised in September 2019 to further develop its product offerings and enhance its Market Insights platform. The company aims to expand into new geographical markets, specifically targeting additional client bases in Asia and North America, with initiatives expected to roll out over the next 12 to 18 months. These strategies will support Heuritech's continued growth in providing predictive analytics for the fashion industry.

## Funding rounds

- Series A, Sep 2, 2019, $4.5M — Elaia Partners, Serena
- Seed, Mar 28, 2017, $1.2M — Serena

## Investors

- Serena (https://capitalatlas.ai/funds/serena) — Seed, Series A
- Elaia Partners (https://capitalatlas.ai/funds/elaia-partners) — Series A