Chicisimo S.L.

Chicisimo S. L. is a data-driven technology company that provides innovative solutions for fashion retailers, enhancing customer engagement through personalized shopping experiences and actionable insights based on shopper data. Chicisimo S.

L. specializes in developing a data infrastructure for fashion retailers, enhancing their ability to personalize shopping experiences. Founded in 2010 in Bilbao, Spain, the company has made two deals and raised a total of EUR 1 million as of February 2017. The founder's prior entrepreneurial experience is not disclosed, and there are no parent companies or subsidiaries mentioned.

Chicisimo specializes in providing a comprehensive infrastructure for fashion retailers centered around the data generated by their shoppers. Their core offerings include the Fashion Taste Graph, Taste Profiles, and Smart Virtual Closet Technology, which collectively enhance omnichannel personalization and provide actionable insights into consumer preferences. The Fashion Taste Graph serves as a unique data asset that captures the intelligence derived from shopper interactions, while Taste Profiles summarize individual preferences, including their closets and purchase drivers. The Smart Virtual Closet and In-Bedroom Fashion Stylist are innovative tools designed to improve the shopping experience for end users by offering outfit recommendations both online and in physical stores.

Chicisimo primarily serves fashion retailers in North America and Europe, empowering them to leverage data for more targeted marketing and improved customer engagement. Chicisimo's revenue model is built primarily on B2B transactions, partnering with fashion retailers who utilize their advanced technological solutions. In 2018, the company reported a revenue of EUR 8,505. 20, with an EBITDA of EUR -108,004.

50. The company offers various subscription-based services, enabling retailers to access their suite of tools, such as the Fashion Taste Graph and outfit recommenders. These partnerships typically involve a tiered pricing structure based on the size of the retailer and the scope of the services utilized, facilitating tailored solutions to meet unique business needs. Retailers can integrate Chicisimo's offerings into their existing platforms, driving additional revenue through enhanced customer experiences and personalized recommendations.

In February 2017, Chicisimo S. L. raised EUR 1 million in venture funding to support its growth initiatives. The company plans to expand its product offerings, with new developments aimed at enhancing customer engagement and personalization in fashion retail.

Chicisimo is targeting new markets in Europe and North America for expansion, aiming for increased market penetration by 2022. The recent funding will be utilized to accelerate product development and market entry efforts, enabling the company to capitalize on emerging trends and consumer preferences in the retail sector.