Metail Limited

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Metail Limited - overview

Established

2008

Location

London, -, UK

Primary Industry

Retail

About

Metail Limited is a London-based technology company specializing in innovative AI solutions for the apparel industry, enhancing product visualization and consumer engagement through advanced 3D modeling. Founded in 2008 in London, UK, Metail Limited specializes in AI-driven technology for the apparel market. The company has undergone significant developments in its operations and product offerings. Metail raised GBP 10.


21 million in Series B funding on July 13, 2017, led by TAL Group, bringing its total amount raised to GBP 10. 21 million and valuing the company at GBP 67. 66 million. The founder's previous ventures are not detailed in available information.


Metail provides innovative solutions for the apparel sector, featuring its flagship product EcoShot, which allows companies to visualize 3D designs on real-life models without physical samples. This is achieved through advanced computer vision and machine learning technologies. Additionally, the Metail-Avatar-System (MAS) enables accurate 3D body scanning using smartphones and photographs, improving personalization in fashion shopping. Their clientele includes retailers and manufacturers across Europe and North America, addressing the increasing demand for effective apparel marketing tools.


In 2010, Metail reported a revenue of GBP 7,141. 40 thousand, with an EBITDA amount of GBP -573,044 for the same year. The company primarily generates revenue through partnerships and B2B transactions, offering subscription-based access to its AI-driven solutions, allowing clients to enhance their marketing efforts and operational efficiency. Metail Limited aims to expand its market presence by developing new products and entering additional geographic regions.


The recent Series B funding of GBP 10. 21 million will support these strategic initiatives. The company plans to launch new advancements in AI technology for apparel visualization, with an emphasis on expanding into markets in Asia by 2020.


Current Investors

TAL Group, New World Private Equity

Primary Industry

Retail

Sub Industries

Clothing Stores

Website

www.metail.com

Verticals

Augmented Reality (AR), E-commerce

Company Stage

Series B

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.