What Lykdat does

Lykdat is a Netherlands-based software development company founded in 2019, headquartered in Amsterdam with a 1-10 person team, that builds AI solutions for the fashion ecommerce ecosystem. Its flagship product, Woven Insights, is a unified SaaS analytics platform serving fashion retailers and brands with market intelligence, consumer sentiment analysis, competitive benchmarking, performance monitoring, merchandise optimization, and demand forecasting. The platform is built on a proprietary dataset covering 10M+ products, 120+ global brands, and 60M+ consumer data points, and combines this data with AI capabilities including natural language querying on dashboards, sentiment analysis of customer feedback, AI-powered text/image/URL product discovery, and predictive demand forecasting.

The core technology stack comprises AI-powered fashion retail analytics with NLP-driven natural language interaction, computer-vision-based image search, and structured product analytics broken down by aesthetics, sizing, fit, and material. The platform is delivered as a cloud-based SaaS solution with a self-serve 'Sign In' experience and an enterprise 'Book a Demo' sales motion, enabling both SMB self-service and enterprise onboarding. Pricing is positioned as 'competitively priced' and 'best in industry' to democratize fashion intelligence, with tiered subscriptions implied but not publicly disclosed.

Lykdat's business model centers on SaaS subscriptions with no other disclosed revenue streams. Customer segmentation is vertical — exclusively fashion retail — with primary use cases spanning pricing decisions, inventory management, discount optimization, product design, and merchandising decisions. Distribution is direct: enterprise field sales for larger accounts and product-led self-serve for SMBs and individual users. The company has raised only $50,000 in a single November 2022 round, and is led by co-founder & CEO Solomon Omojola and co-founder & CTO Ifedapo Olarewaju.

Name

Lykdat

Legal name

Woven Insights

Website

https://solutions.lykdat.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Lykdat is an Amsterdam-based software company building Woven Insights, an AI-powered SaaS analytics platform that provides fashion retailers and brands with market intelligence, consumer sentiment analysis, competitive benchmarking, and demand forecasting across 10M+ products and 120+ global brands.

Ownership category

akta.pro rank

Product category

Fashion Retail Analytics

SIC

Services-Management Services (8741)

akta.pro primary industry

Fashion & Accessories Marketplaces (CRAFABAA)

Keywords

• Fashion retail analytics
• AI market intelligence
• Competitive benchmarking software
• Consumer sentiment analysis
• Demand forecasting platform

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Subscription: Subscription-based access to the Woven Insights platform providing market insights, consumer insights, competitive intelligence, and product performance analytics. Pricing is positioned as affordable and competitive, suggesting tiered subscription plans based on data access levels, features, or company size.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Lykdat develops AI-powered software solutions for the fashion ecommerce industry. Its flagship product, Woven Insights, is a SaaS platform that delivers market intelligence, consumer insights, competitive benchmarking, product performance monitoring, merchandise optimization, and demand forecasting for fashion retailers. The platform combines real-time data on 10M+ products, 120+ global brands, and 60M+ consumers with AI-driven features like natural language querying and sentiment analysis.

Product overview

Woven Insights is a unified fashion retail market and consumer insights platform offering multiple integrated solutions. The core products are Market Insights (for competitive benchmarking, real-time data tracking, and product performance analytics) and Consumer Insights (for AI-powered customer feedback analysis). These are complemented by four solution modules: Competitive Intelligence, Performance Monitoring, Product Assortment/Merchandise Optimization, and Demand Forecasting — all powered by AI and accessible through a single dashboard with natural language query capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Woven Insights - Market Insights Comprehensive analytics product for fashion retail success, providing insights-driven competitive benchmarking, real-time data tracking of best-selling products and seasonal trends, product performance monitoring, and in-depth market analytics including granular data on how sizes and colors perform across product categories. Built for fashion retailers and brands seeking data-driven decisions on pricing, inventory, and merchandising.
• Woven Insights - Consumer Insights AI-powered analysis of customer feedback for fashion retail, including sentiment analysis of customer opinions on specific products, product analytics based on aesthetics, sizing, fit, and material, competitive analysis of rival products, and product reputation analysis highlighting common themes in customer feedback. Designed for fashion brands wanting to understand and exceed customer expectations.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature6 records

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Vue.ai: Vue.ai provides AI solutions for fashion retail including visual search, product tagging, personalization, and merchandising automation — comparable breadth of fashion-AI capabilities and target customer base as Woven Insights.
• StyleSage: StyleSage is a competitive intelligence and pricing analytics platform purpose-built for fashion and apparel, offering product, brand, and assortment benchmarking — directly overlapping with Woven Insights' competitive intelligence and product assortment modules.
• Edited: Edited is a market intelligence platform for fashion and apparel retail, offering competitive benchmarking, pricing analytics, and trend forecasting — a near-direct overlap with Woven Insights' Market Insights and Competitive Intelligence modules. Both target fashion merchants and brands with data-driven decision support.
• Trendalytics: Trendalytics provides AI-driven trend forecasting and product intelligence for fashion and beauty retailers, tracking demand signals, pricing, and assortment — highly comparable to Woven Insights' demand forecasting and product performance modules.
• Intelligence Node: Intelligence Node is a retail AI platform offering competitive intelligence, pricing optimization, and product matching for fashion and apparel — overlapping directly with Woven Insights' competitive intelligence and product analytics capabilities.
• Nextail: Nextail is an AI-driven merchandise and demand forecasting platform for fashion retail, optimizing pricing, allocation, and assortment — directly comparable to Woven Insights' demand forecasting, performance monitoring, and merchandise optimization solutions.

Emerging players

• True Fit: True Fit is a fashion data and AI platform focused on fit, sizing, and personalization — relevant peer for Woven Insights' sizing/fit analytics and consumer sentiment modules, though narrower in vertical scope.
• Stylitics: Stylitics provides AI-driven outfit and product recommendation, personalization, and merchandising content for fashion retailers — comparable in targeting fashion merchandising teams with AI-augmented insights.
• Syte: Syte offers visual AI and product discovery for fashion e-commerce, including image search, recommendation, and tagging — overlapping with Woven Insights' AI-powered text/image/URL search and recommendation features.
• Lily AI: Lily AI is a vertical AI platform for fashion, beauty, and home that enriches product attribution and customer intent data for retail — comparable in its fashion-specific AI focus and product/customer analytics orientation.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/lykdatapp

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lykdat