Lookiero, a Bilbao, Spain-based personal shopping service, raised $30M in Series C funding.
The round was led by Perwyn with participation from MMC Ventures, All Iron Ventures and Bonsai Partners.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Founded in 2015 by Oier Urrutia, Lookiero combines the expertise of personal shoppers and understanding of its customers with in-house recommendation algorithms to provide a fully personalised style experience to customers. With a team of over 400 people, Lookiero currently has over three million registered users.
By employing a customer’s style profile, Lookiero delivers a carefully curated selection of five pieces of clothing and accessories to fit a customer’s individual size, style, and preferences. Customers then decide which items to keep or return (at no additional cost), enabling Lookiero’s technology and personal shoppers to learn through feedback and improve future selections.
FinSMEs
13/07/2021