The launch of a new fundraising round, the surprising acquisition offers, the pandemic shake-up – Yael Vizel, a founder of the virtual fitting room startup Zeekit, talks about the sale of her firm to the giant American Walmart corporation for an estimated $200 million, and what she bought the day after
The Walmart deal: Meet one of the only Israeli women to seal a nine-figure exit haaretz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from haaretz.com Daily Mail and Mail on Sunday newspapers.
Walmart to acquire Israeli AI sizing tech firm Zeekit
Zeekit’s virtual try-on technology enables one of the most difficult things to replicate online: understanding how an item will actually look on you.
The deal, of which the details were not disclosed, was announced by Walmart on May 13.
“I’m thrilled to announce Walmart’s plan to acquire Zeekit, a female-founded, Israeli-based company that combines fashion and technology through its dynamic virtual fitting room platform to create a significantly enhanced customer and social experience,” Walmart EVP of Apparel and Private Brands Denise Incandela said in press release.
She added Zeekit’s virtual try-on technology is a “game-changer” set to solve what has historically been one of the most difficult things to replicate online: understanding how an item will actually look on you.