Total amount raised
$7.2 Millions
Latest funding date
06/01/2018
Location
MTailor has successfully raised significant funding over multiple rounds, positioning itself as a notable player in the custom clothing industry. The platform offers custom-fit clothing for men and women, utilizing a mobile app to achieve precise measurements and ensure a perfect fit.
Keep reading to explore the intricacies of MTailor's fundraising journey and the investors backing this innovative platform.
What Is MTailor?
MTailor specializes in custom-fit clothing for men and women, utilizing a mobile app to take precise measurements. The company operates within the fashion and apparel industry, focusing on custom-tailored clothing.
MTailor emphasizes the accuracy of its technology, claiming it to be 20% more accurate than professional tailors. They offer a variety of clothing items, including shirts, jeans, and suits, with a focus on providing a perfect fit.
The company also offers free remakes and returns within 90 days and has a money-back guarantee policy. Customer testimonials highlight the fit and quality of the clothes, reinforcing MTailor's commitment to customer satisfaction.
How Much Funding Has MTailor Raised?
- Seed Round
- Amount Raised: $2M
- Date: October 2014
- Lead Investors: Khosla Ventures
- Series A
- Amount Raised: $5.2M
- Date: June 2018
- Lead Investors: Khosla Ventures
MTailor has raised a total of $7.2M in funding.
Key Investors
- Khosla Ventures
- Details: Khosla Ventures is a venture capital firm founded by Vinod Khosla, co-founder of Sun Microsystems. The firm is known for its focus on impactful and innovative technology startups.
- Investment Focus Areas: Technology, healthcare, sustainability, artificial intelligence, robotics
- Notable Investments: DoorDash, Square, Impossible Foods
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