# uSizy Labs SL

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/usizy-labs-sl

- Industry: Software
- Headquarters: Miami, US
- Website: www.usizy.com
- Latest round: Seed (Mar 4, 2019)
- Investors on record: 1

## About

uSizy Labs SL specializes in machine learning solutions that provide precise size recommendations for various products, enhancing the shopping experience in the fashion and sports sectors.Founded in 2016 by Iñaki Garcia, Néstor Barrado, and Pedro Sánchez, uSizy Labs SL operates from Miami, US. The company focuses on delivering technology that helps retailers enhance their eCommerce capabilities and reduce sizing-related product returns. It has secured a total of 2 deals, with the most recent funding round occurring on July 23, 2020, when it raised an undisclosed amount from Archipiélago Next.Usizy offers a robust suite of machine learning-based solutions primarily centered around its flagship product, the Usizy Size Adviser. This technology is designed to deliver highly accurate size recommendations for a variety of products, including clothing, footwear, bras, bicycles, helmets, and gloves, catering to both fashion and sports markets. The Size Adviser integrates seamlessly into eCommerce platforms, requiring only a product feed and minimal coding for implementation, which facilitates its adoption across diverse business types. Usizy's client base spans over 3,000 brands globally, serving retailers of all sizes, from small businesses to large enterprises, across geographical markets that include Europe, North America, and Asia. The service aims to reduce product returns and enhance customer satisfaction by enabling shoppers to confirm their exact sizes in mere seconds, thereby improving the overall shopping experience.The revenue model for Usizy is structured primarily around B2B transactions, wherein retailers subscribe to the Size Adviser technology to enhance their eCommerce capabilities. This partnership model allows retailers to optimize sales and reduce operational costs associated with sizing issues. Specific pricing structures for Usizy's services are not publicly disclosed, but the company provides tailored solutions that cater to the unique needs of each client. Revenue is generated through subscription fees for the platform, which includes access to additional features such as Smart Stock, Smart Pricing, and Smart Logistics, all of which leverage data analytics to optimize stock management and pricing strategies. As a result, clients benefit from improved conversion rates and reduced returns, directly impacting their bottom line.Looking ahead, uSizy Labs SL plans to expand its product offerings, focusing on enhancing its Size Adviser technology with new features designed to improve user experience, with potential release dates targeted for late 2021. The company is also aiming to broaden its reach into the Asian market, particularly in Southeast Asia, by mid-2022. Recent funding from the July 2020 round will be utilized to support these growth initiatives, allowing further investment in product development and market expansion strategies.

## Funding rounds

- Seed, Mar 4, 2019 — TheVentureCity

## Investors

- TheVentureCity (https://capitalatlas.ai/funds/theventurecity) — Seed