Plymouth Meeting’s MeID Sizes Up Growth Spurt With $1.7M Round of Capital
The parent company that bought up Plymouth Meeting’s Intellifit Corp. in 2009 may have another growth spurt in its bones.
MeID is now sizing up something new for its 3D body scan technology with a $1.7 million round of local funding.
The issuance was in convertible notes for senior preferred stock, according to a Philadelphia Business Journal report by Dan Norton.
Formerly Unique Solutions Design, MeID’s Me-Ality revolutionized size recommendations by utilizing the 3D body scan to custom-measure customers in 70 malls and Bloomingdales stores nationwide. Since then, MeID has analyzed that data and used it to streamline its full body sizing profile in the MeID app.
Click here to read more about MeID’s latest move in the Philadelphia Business Journal.
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