Okanagan Woman Angel Funds has made a pre-seed investment in Canadian startup DOUBL, a technology company developing smartphone-based body-scanning to reduce costly clothing returns. Retailers face more than US$900 billion in return costs annually, according to the National Retail Federation.
DOUBL’s technology aims to help consumers select the correct size across brands, reducing waste and improving inventory planning. The investment is the second apparel-related deal for the angel group, which targets women-led companies. Cofounders Bryn Davis Williams and Jessica Bosman said the backing offers more than capital, adding expertise in retail, SaaS and scaling as the startup prepares for early partners.
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