Hey Savi secures £2.2m in pre-seed investment to grow its artificial intelligence fashion search platform.
The London based fashion search platform raised the capital from angel investors connected to Boardwave, Founders Capital, and the WITSEND community.
Hey Savi operates an artificial intelligence powered fashion search and recommendation platform designed to help consumers find clothing online. The company connects shoppers with retailers to deliver personalised search results.
Hey Savi has secured £2.2m in pre-seed funding to expand its artificial intelligence driven fashion search and recommendation platform. The investment ranks among the largest pre-seed rounds raised by an all-female founded technology company in the UK. Backing for the round came from high profile angel investors associated with Boardwave, Founders Capital, and the WITSEND community, with over half of the investor base comprising women.
The capital will support the company as it seeks to modernise online fashion retail through personalised search tools. Founded by Victoria Peppiatt, Angela Vinci, and Sarah Daniel, the firm aims to address what it views as outdated search functionalities across the retail sector. The founders bring prior experience from high growth technology and retail enterprises.
From the founder
"The challenge consumers face today is that search engines will always prioritise their business models of paid for advertising, rather than delivering relevant results."
Angela Vinci
Co-founder and Chief Product and Technology Officer at Hey Savi