MTailor

Growth Stage

A master tailor in your phone

Analytics

Raised to Date: Raised: $0

Aggregate Commitments $

Platform

Wefunder

Start Date

09/30/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Series B

Valuation Cap

$30,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

11/28/2022

Days Remaining

153

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

San Francisco, California

Industry

Consumer Products, Goods & Services

Tech Sector

CommerceTech

Distribution Model

B2B2C

Margin

High

Capital Intensity

Low

Business Type

High Growth

MTailor, with a valuation of $30 million, is raising funds on Wefunder. The company has developed an app that helps in 3D scanning, visualization, and sizing for clothes through mobile phones. The app, MeasureUp, uses AI and advanced software algorithms to scan measurement features of customers, create an identical digital clone of their body, and see how the clothing they are buying will fit accurately. MTailor is a profitable e-commerce business with over $5 million in annual revenue. Miles Penn founded MTailor in September 2012. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for technology R&D, sales and marketing, and operational expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$5,108,248

$7,007,907

COGS

$2,276,418

$2,667,132

Tax

$3,531

$21

 

 

Net Income

$-51,784

$-698,482

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$565,782

$553,932

Accounts Receivable

$0

$0

Total Assets

$1,219,617

$1,234,214

Short-Term Debt

$534,588

$415,877

Long-Term Debt

$299,900

$378,418

Total Liabilities

$834,488

$794,295

Financials as of: 09/30/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Analyst Report Analyst Report Methodology Article

Pending Review

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
MTailor on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $30,000,000

Follow company

Follow MTailor on Wefunder 2022
View on Wefunder
Bullish / Bearish
You're Bullish on MTailor on Wefunder 2022

Thank you for your vote on MTailor on Wefunder 2022

Bullish / Bearish
You're Bearish on MTailor on Wefunder 2022

Thank you for your vote on MTailor on Wefunder 2022