Israeli online bra-fitting startup Brayola has closed a $2.5 million Series A financing round from HDS Capital and FirstTime Capital. The company is also unveiling its own marketplace, leveraging inventory from brand partners to help women not only find the right bra, but acquire the item directly from the Brayola website.
Founded in 2013 by CEO Orit Hashay, the company has offices in New York and Tel Aviv. Hashay told "TechCrunch" that Brayola’s conversion rate is around 5.5%, which is almost as high as Amazon Prime. Plus, the company boasts a return rate lower than 8%
Brayola allows women to upload a picture of their breasts wearing their favorite bra. Users collectively vote on these pictures (not showing faces) on whether or not these bras fit the wearer.
When the vote ends, a “bra expert” steps in and makes the final decision. The polling is meant to help women, most of whom wear bras that don’t fit properly and don’t know what the proper fit even looks like, better understand how a bra should fit. Beyond the polling, Brayola also lets users upload their favorite bra (make, model, and size) and Brayola generates suggestions for other bras they might like.
Published by Globes [online], Israel business news - www.globes-online.com - on April 25, 2016
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