ELSE Corp Srl: Company Research Report
Company Overview
Name and Mission
Name: ELSE Corp Srl
Mission: ELSE Corp offers technological solutions for Virtual Retail and Cloud Manufacturing to fashion brands, retailers, manufacturers, and designers. The company aims to transform the fashion industry towards a Product as a Service model through the automation and democratization of product customization and personalization processes.
Foundation and Founders
Founded: 2014
Founders: No specific information available about the founders.
Key People
- Andrey Golub: Co-Founder, CEO
- Andrea Silvestri: Co-Founder
- Zoran Radumilo: Board Member, Board Advisor
- Franco Monzino: Angel Investor, Board Chair & Co-Founder
- Nicolò Camurati: Angel Investor & Co-Founder
- Prof. Carlo Alberto Carnevale Maffè: Board Member
Headquarters
Location:
- Via Torquato Tasso, 7, Milan, MI 20123, Italy
- Via Giovanni XXIII, 22, Gravina in Puglia, BA 70024, Italy
Number of Employees
Number: 2-10 employees
Revenue
Revenue: No information is available.
Recognition
Known For: ELSE Corp is known for its innovative fashion tech solutions that involve 3D and AI-based mass customization such as Virtual Retail and Virtual Sampling.
Products
Virtual Couture Tech™
Description: A vision for a new Real Time Fashion System integrating AI-driven design, new technologies, and new business models for the fashion industry.
Key Features:
- Real-time adaptability
- Direct to consumer involvement
- AI-driven individual design
- 3D CAD-based product design
- Full traceability through blockchain technology
else.shoes™
Description: An end-to-end industry solution for the footwear sector enabling mass customization, industrial made-to-measure, and on-demand production.
Key Features:
- MySize.shoes™ for virtual fitting
- MyStyle for product customization
- DIY&AI for AI-based recommendations
MySize.shoes™
Description: An AI-powered virtual sizing and industrial made-to-measure production optimization service related to footwear.
Key Features:
- 3D biometric scanning
- Cloud-to-manufacturing integration
- Enhanced customer personalization
3D Virtual Sampling
Description: A cloud-based platform offering rapid virtual prototyping, reducing the reliance on physical prototypes.
Key Features:
- Automated variant generation
- High-fidelity 3D sample visualization
- Digital material libraries
ELSE.ai
Description: AI frameworks and services supporting design personalization and virtual retail.
Key Features:
- 3D to Machine Learning (3D-2-ML)
- Visual Style Analysis (VSA)
- Visual Hybrid Search
- Generative AI for product design
Recent Developments
New Products
- Launch of else.shoes™ at the MICAM 2017: A platform for footwear customization.
- ELSE.ai, incorporating AI-driven design and Machine Learning solutions.
New Features
- Introduction of the MySize.shoes™ module, enhancing personalization and sizing accuracy.
- Upgrades to the 3D Virtual Sampling platform to support automated variant generation and material visualization.
Partnerships
- Membership in the International Artificial Intelligence Industry Alliance (AIIA), demonstrating contribution to AI technology advances.
- Collaborations with partners like ATOMLab and Shoemaster® for advanced manufacturing solutions.
- Participation in the BodyPass project funded by Horizon 2020, bridging barriers between health and consumer goods sectors.
Awards & Recognition
- 2016: Special Jury Mention for Innovation at the Netcomm E-Commerce Awards
- 2018: First Prize of the Innovation Award 4.0 - Startup Category
- 2017: Winner of the Coraggio di Innovare - Digital Award 2017
- 2018: Silver Player in the category Economic Models of the contest Brand Experience Awards
- Recognitions and ratings from Early Metrics and inclusion in Reports Monitor as a significant market player in the Virtual Fitting Room Industry.
Events & Milestones
- Public presentations at significant events such as VIVAIO Visionary Forum 2017 and the 3rd International CrowdConference in Minsk, showcasing the Real Time Fashion System (RTFS).
ELSE Corp Srl continues to innovate and drive the fashion industry forward with their cutting-edge technology solutions and their commitment to sustainability and efficiency. Their diverse product offerings and strategic partnerships position them as leaders in the fashion tech space.