Company Performance Metrics
- Patrik Louko: Executive chairmanPast Role: SportIQ, CFO and Board Member
- August Dyess: CEO
Shoely is making online shoe shopping easy, accurate and enjoyable. Shoely uses the power of 3D technology to make it easier than ever to find your perfect fitting shoes. With a quick 3D scan of your feet using the Shoely app on any iPhone, Shoely virtually fits your feet across 10K styles at Shoely.com. Every shoe you buy is customised with
Shoely’s custom insoles based on your foot topography, giving you a perfect fit and feel every time.
Since launching shoe sales in 1/2023, Shoely has proven that once a customer experiences personalization, they will never buy footwear any other way. Half of customers who bought shoes in Q1 had returned to make another Shoely purchase by Q3. A third of customers have already returned twice to buy more shoes.
By improving the sizing and fit of online shoe purchases. Shoely is drastically reducing returns to under 10%, a fraction of the industry standard exceeding 40%.