The Latest News in Retail Innovation & Startup

Uber

‘We’re the Uber of X!’

By this point, “it’s the Uber of X” is a phrase you’ve probably heard a ton – it seems like a third of new startups either purport to being the Uber of something, or have been dubbed so by the press.

By: Laura Entis. Source: Entrepreneur

Fit Problem

Can Technology Solve the Fit Problem in Fashion E-Commerce?

According to studies, between twenty to forty percent of all clothing purchased online is returned, often due to issues with fit, costing fashion e-tailers millions. A host of tech start-ups are aiming to solve the problem.

By: Lisa Wang. Source: Business of Fashion

Meal-Kit Startup Plated Raises $15M to Make Home Chefs of Us All

New York City-based Plated (Dine In Fresh Inc.) raised $15 million in new Series A funding, co-founder Nick Taranto told Venture Capital Dispatch, to grow its meal-kit delivery operation in the U.S.

By: Lora Kolodny. Source: Wall Street Journal

Poshly

Beauty Data Startup Poshly Scores $1.5 Million

A New York-headquartered data company focused on the beauty industry, Poshly, has closed on a $1.5 million seed round of funding, which will largely be used to grow its engineering team in San Francisco.

By: Sarah Perez. Source: TechCrunch

Casper is changing how people buy mattresses

Casper, an Online Mattress Start-Up, Raises $13.1 Million

Casper deals in what is probably one of the least cool businesses around — selling mattresses. And that’s why Philip Krim, Casper’s chief executive and co-founder, says there is an opportunity.

By: Mike Isaac. Source: The New York Times

Movo Wave

Movo Wave Wants To Make The Activity Tracking Wristband Affordable For All

The days of the $100+ activity tracker might be over; Movo, a consumer tech company out of NYC, is kicking off pre-orders today for a $29 wearable wrist band that tracks steps, distance traveled and calories burned, collecting and reporting that data via an iOS and Android app.

By: Darrell Etherington. Source: TechCrunch

Fitle

Fitle Will Let You Try Clothes On A 3D Avatar Of Yourself

Gaetan Rougevin-Baville and his partner, recently launched a Kickstarter campaign to crowdfund Fitle, a virtual fitting room that allows you to try clothes on a customized 3D avatar of yourself.

By: Cat Zakrzewski. Source: TechCrunch

Farmigo

Can this startup kill off the supermarket?

Farmigo, a small farm-delivered food service, has an audacious dream: It thinks it can help wipe out the likes of Kroger and Albertsons.

By: Beth Kowitt. Source: Fortune