The New York Fashion Tech Lab, known for promoting women-led tech startups, has announced its innovative lineup for 2024: Curated for You, Flock, Fairly Made, Nectar AI, Raspberry AI, and Yofi. These dynamic startups are making waves in their respective areas within the fashion retail industry.
Each startup offers unique solutions that are tailored to specific industry needs. Curated for You, for instance, is making strides in personalization by offering fashion choices specially handpicked for each customer. Flock is leading the way in social commerce, offering a virtual hub for fashion lovers to connect and engage in buying and selling products. Fairly Made is making a difference with its commitment to sustainability, focusing on ethically sourced and manufactured items to reduce the fashion industry’s carbon footprint.
Moreover, Nectar AI is tackling fraud protection in the digital retail sphere, Raspberry AI is enhancing visual commerce with AI, and Yofi is using machine learning to create an innovative approach to the fashion design process.
Introducing 2024’s dynamic startups in fashion tech
They all share a unified vision of utilizing technology to evolve and advance the fashion retail sector.
These promising startups are part of a 12-week mentorship program run by Springboard Enterprises. Within this program, they benefit from an effective platform for interaction and guidance from experienced industry veterans to overcome their unique challenges. By the end of the program, they are anticipated to have experienced substantial growth and have a defined roadmap for future strategy.
Alongside these startups, established brands such as LVMH Moët Hennessy Louis Vuitton, Selfridges & Co., The TJX Cos., and Tapestry will offer mentorship. Potential newcomers for the 2024 intake may include Lululemon, MCM Worldwide, and the Neiman Marcus Group.
The startups will be situated at Spring Place until June 18th, when they will present their final pitches at the annual Closing Demo Day Experiential event. The themes of each pitch are driven by common interests and problems identified within the applicant pool then further refined to align with the needs of the selected companies.
Jackie Trebilcock, the manager of New York Fashion Tech Lab, underscores the Lab’s role as a significant catalyst for the growth and innovation within the fashion tech industry. Prior successes include nurturing 75 rising businesses, boosting significant retail collaborations, and aiding in substantial financial backing and acquisitions.
Through its deep commitment, the Lab has not only aided businesses in their growth but also had a hand in shaping the tech industry’s landscape by encouraging innovative solutions in areas like sustainability, AI, and circular fashion.
