PRESS RELEASE
AI Startup AFCreative Digital LLC Secures $22 Million in Series A Funding to Revolutionize Fashion Ecommerce
Austin, Texas - AFCreative Digital, an artificial intelligence (AI) company based in Austin, Texas, has announced that it has raised $22 million in Series A funding from a private San Jose firm. This investment will help the company continue its mission to transform the way fashion brands connect with consumers online.
AFCreative will offer a unique solution that allows fashion brands to provide their customers with access to virtual models wearing their clothing items. With this technology, shoppers can get a better sense of how different styles look on real people before making a purchase decision. Additionally, the platform provides a virtual try-on feature, allowing users to see what clothes would look like on them without having to physically try them on.
"We are excited to have received this level of support from our investors," said Josh Scanel, CEO of AFCreative. "This investment will allow us to further develop our cutting-edge AI technology enhance our model portfolio and expand our reach within the fashion industry. We will begin with hiring talents who will assist in developing these fashion AI models. These models will be the face of our company."
The funding round was led by an undisclosed lead Investor of the private San Jose firm. "Investors are impressed with the progress made by AFCreative since their seed funding last year. They believe in the vision of the company and are confident that they will make a significant impact in the fashion industry."
With this new funding, company plans to hire additional talent, expand into international markets, and continue developing innovative features for their platform.
About AFCreative Digital: AFCreative is an AI company based in Austin, Texas. Their proprietary software utilizes machine learning algorithms to generate 3D real-human avatars that mimic movements and gestures. These avatars are integrated onto ecommerce platforms, enabling retailers to offer virtual fitting rooms and other personalized experiences. For more information, visit afcreativedigital.com.