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Invertex Changes the Game of Omnichannel with ScanMat

While in many product categories online, shopping has become the standard, still only 8% of shoes are sold online in the US, with return rates scaling up to 40%. Inaccurate fit and lack of confidence remain two of the most burning pain points throughout the footwear industry that halter ecommerce revenues. Providing a level of accuracy on a par with …

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Rent the Runway introduces same-day delivery in New York City

Rent the Runway is making moves to keep up with competitors like Amazon and Zara with their new in-app same-day delivery service in New York City. The company, founded in 2009, offers designer garments and accessories that can be rented for a fraction of their cost and then returned. RTR styles start at $30 and come with a back-up size. …

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Grabr raises $2.7 million to expand global shopping service

Grabr, San Francisco-based global shopping service, has raised $2.7 million in seed funding. The company has raised $6.2 million to date. The investment round was led by SignalFire, with participation from FF Angel, NFX and Global Founders Capital. Angel investors, including Diana Moldavsky and Charles Songhurst, also contributed to the round. “Having grown up around the world, Grabr’s service resonated …

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GlamCorner raises $3.3 million to expand fashion rental service

GlamCorner, an Australia-based fashion rental service, has raised AUD$4.2 million ($3.2 million at current exchange) in Series A funding. The company has raised AUD$5.5 million ($4.4 million) to date.  The investment round was led by AirTree Ventures with participation from Marshall Investments, Sarah-Jane Clarke, the co-founder of Sass & Bide, Impact Investment Group’s Giant Leap and Partners For Growth, Australian Financial …

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