Stylitics, a New York City-based provider of visual merchandising and outfitting solutions, raised $80 million in a Series C funding round led by PSG., bringing the total raised to about $100 million.
The company intends to use the funds to triple its investment in product and technology, as well as to seek to increase strategic support and advisory for customers with enhanced program management solutions for product, marketing, and merchandising teams.
Company: Stylitics Inc.
Raised: $80.0M
Round: Series C
Funding Month: March 2022
Lead Investors: PSG
Additional Investors:
Company Website: https://stylitics.com/
Software Category: SaaS visual merchandising platform
About the Company: Led by CEO Rohan Deuskar, Stylitics offers a SaaS visual merchandising platform for brands and retailers to inspire online shoppers with personalized styling and outfit suggestions. The system drives billions of dollars in revenue for more than 3,600 brands across 100-plus retailers by increasing basket sizes as well as product and category discovery.
Source: https://www.finsmes.com/2022/03/stylitics-raises-80m-in-series-c-funding.html