Location: to be updated, Montreal, Quebec, Canada
Founded in: 2014
Stage: Revenue generating
Number of employees: 1-5
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Montreal, Quebec, Canada
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Company description

Stefanka is a technology supplier for retailers and manufacturers. The company is out to address the problems of sizing inconsistencies and seldom available fitting assistance, leading to consumers' uncertainty regarding the products and sizes most suited for their unique body shape. The fit problem directly impacts retailers’ bottom line, both offline and online. Fit is among the first cause of return online, which averages 30%. This represents 260.5 billion in global returns annually. Moreover, 75% of customers in-store who must redresses to find a different size or color will leave the store without buying anything. That’s too many lost sales opportunities. By taking the frustration and size uncertainty out, Stefanka technology leads to bigger baskets, fewer returns, empowered sales associates, more loyal customers and easier sales.