Atorie sells handbags and clothes made from the same materials and factories as luxury brands, but at a fraction of the price. The AI-powered brand uses trend analysis and demand prediction to reduce overproduction and connect manufacturers directly with shoppers.
The $9.5 million seed round will fund logistics, AI tools, and production. The company ended last year with $5 million in sales and expects an annualized run rate above $55 million this year.