Stylitics Raises $80M Series C with the Aim to Transform Retailers’ Websites Into Inspiring Style Destinations
Summary
For years, Stylitics has been transforming retailers’ websites into style destinations by displaying on-brand shoppable outfits and bundles that show product versatility with editorial-style quality across PDPs, category pages, emails, and ads. Bill Skarinka, Managing Director of PSG, said: “Stylitics is an excellent example of using advanced technology and AI to solve large-scale problems and unlock new opportunities. Many of Stylitics’ retail customers in fashion and home see tens of millions in revenue increases in the first year of using their inspiration tech platform. Headquartered in New York City, Stylitics 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. Having backed more than 95 companies and facilitated over 375 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology and a firm commitment to collaborating with management teams.
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