Irish software company Tailr has raised €700,000 in investment to help fund its plans to drive sustainable fashion in the garment industry.
The funding was raised from Delta Partners, UK-based Haatch and Enterprise Ireland. Angel investors also participated in the round. The investment will help the company scale its operations and expand its market reach.
The company, which was founded by Shana Chu, offers cloud-based software to help streamline production, ensure consistent sizing and tackle excessive waste. The software as a service platform enables data to flow in real time between design teams, fabric mills, and factories.
“In an era where the fashion industry is grappling with waste and inconsistent sizing, Tailr’s innovative platform offers a comprehensive solution. Our technology empowers clothing brands to streamline production, enhance sustainability, and deliver consistent sizing from season to season,” said Ms Chu. “This achievement is a testament to our team’s perseverance and the incredible potential of Tailr. It will enable us to further develop the platform and drive positive change within the industry while scaling our operations and expand our market reach.”
The backing of Delta and Haatch will also bring new expertise and access to networks for Tailr.
“There is an urgent need to address the sustainability gap in fashion, and we are incredibly excited to be supporting Tailr’s solution for the industry,” said Amy Neale, general partner at Delta Partners. “Tackling the grassroot challenges of garment production is the best way to create impact and with Shana Chu’s industry experience, she and the Tailr team are perfectly placed to support all of those involved in the fashion value chain to be more productive while reducing garment waste.”
