Truss, a London, UK-based resale style tech startup, acquired a £300k funding from FIGR Ventures.
The funding additionally gave FIGR a Board Observer seat, enabling the household workplace fund to offer strategic recommendation and hands-on help to the corporate.
Based by Woody Lello (CEO), Felix Jackson (COO), Jack Cardwell (CIO) and Connor Mattinson (CTO), Truss (registered as Kelp Applied sciences) collects and shares details about style’s previous offering detailed product info to streamline style resale.
The system creates hundreds of thousands of product profiles which include detailed details about any product. Utilizing a photograph, companies can faucet into this info to listing merchandise effectively, improve searchability and enhance conversion charges.
With the brand new £300,000 funding from FIGR, Truss secured important match-funding to activate a £1.1m Innovate UK grant. The startup had beforehand raised £345k in a pre-seed spherical led by SFC Capital, alongside angel buyers.
FinSMEs
09/12/2024
