Invertex
Digital Shopping Platform
Company Overview
Snapshot
Founded in June 2015 by David Bleicher, Invertex operated with 1–10 employees and raised $3.5 million across four funding rounds from two investors. The company was acquired by Nike in April 2018.
Business overview
Invertex develops technology that leverages 3D scanning to enhance eCommerce experiences, enabling mass customization of products. Its core technology allows users to tailor existing products to customer needs or create new, fully customized product lines. The company's mobile applications instantly capture and analyze a person's anatomy in detail and in three dimensions, serving the retail and fashion industries within the Business Software sector.
Strategic signal
In March 2023, Nike shut down Invertex's Israel R&D center and laid off its entire team. This event signals a strategic shift by Nike away from Invertex's specific technological integration or a broader restructuring of its R&D operations, indicating a complete cessation of Invertex's activities under Nike's ownership.
Log in to access full profile ›Company Intelligence Q&A
- When was Invertex acquired?
- Invertex was acquired by Nike in April 2018.
- What was the last disclosed funding amount for Invertex?
- Invertex raised $2 million in a seed funding round in April 2017, as reported by PR Newswire.
- Which investor participated in Invertex's September 2017 funding round?
- OurCrowd and Permoda participated in Invertex's funding round in September 2017.
- What was the strategic outcome for Invertex in March 2023?
- In March 2023, Nike shut down Invertex's Israel R&D center and laid off the entire team, effectively closing the acquired entity's operations.
- Who founded Invertex?
- Invertex was founded by David Bleicher in June 2015.