Mtailor: Shark Tank Update - Shark Tank (2024 Update) (2024)

MTailor, a custom clothing app, gained widespread attention when its creator, Miles Penn, appeared on ABC’s Shark Tank. Despite Penn’s confident pitch, he walked away without a deal. Nonetheless, MTailor continues to thrive, offering customers perfectly tailored clothing at their fingertips. This article delves into the company’s progress and the experience of using the app since its memorable debut on Shark Tank.

The app, available on both iOS and Android, has attracted mixed reviews from customers. Some praise its accuracy and convenience, while others express concerns over quality and measurements. The app utilizes smartphone camera technology to capture a user’s precise body measurements, enabling them to purchase custom-fit clothing without setting foot in a tailor’s shop.

As we explore MTailor’s journey after Shark Tank, we’ll examine various aspects of the app – from its features and pricing to overall customer satisfaction. Through this review, we hope to provide an insightful perspective on whether MTailor lives up to the hype and if it’s worth giving a try for your custom clothing needs.

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Mtailor on Shark Tank

The Pitch

Miles Penn, the founder of MTailor, appeared on Shark Tank Season 7 Episode 17, seeking a $2.5 million investment in exchange for a 10% equity stake in his company. MTailor is a mobile app that uses smartphone cameras to measure customers for custom-tailored clothing, offering a more convenient and accurate alternative to traditional tailors. During the pitch, Penn demonstrated the app’s measurement accuracy and highlighted its affordability in comparison to traditional tailored clothing.

The Deal

In terms of valuations, Penn’s pitch translated to a $25 million valuation for MTailor. The sharks expressed concerns about the high valuation, and many of them questioned the scalability and long-term viability of the business. Some of the sharks also found Penn’s presentation to be arrogant or overly confident, which may have hurt his chances of securing a deal.

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Ultimately, none of the sharks, including Mark Cuban, Daymond John, Barbara Corcoran, and guest shark Chris Sacca, decided to invest in MTailor.

The Investors

SharkOffer MadeDeal AcceptedEquityInvestment
Mark CubanNoNo
Daymond JohnNoNo
Barbara CorcoranNoNo
Chris SaccaNoNo

While Penn did not secure a deal on Shark Tank, MTailor has continued to grow and evolve since the episode aired. They have expanded their clothing offerings and improved their app’s functionality.

Mtailor Technology

Measurement Algorithm

MTailor has developed an advanced measurement algorithm to deliver precise, custom-tailored clothing. Using computer science techniques, the algorithm processes the data collected from the user’s phone camera and calculates their unique measurements. This ensures that the clothes are tailored to fit the customer perfectly, providing accuracy comparable to a professional tailor.

Phone Camera Measurements

The MTailor app utilizes the phone camera to capture the customer’s body measurements. Compatible with both iOS and Android platforms, it is available for download on the iTunes and Google Play stores. The app guides users through a simple process of recording a video while following specific instructions. This camera-based method eliminates the need for manual measurements, making the service more accessible and user-friendly.

Software and App

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The MTailor software is integrated into a user-friendly app that allows customers to browse the product catalog and select clothing items to be tailored. With options ranging from dress shirts to suits, the app offers a wide variety of choices for different occasions. The app’s interface is intuitively designed, with easy navigation for users to find their desired products and request customization.

3D Point Cloud Technology

MTailor’s technology goes beyond simple 2D images by utilizing 3D point cloud technology. This advanced method provides a more accurate representation of the user’s body, allowing the software to generate a complete and precise set of measurements. With this level of detail, MTailor’s tailoring process can deliver a truly custom fit, enhancing the overall experience for customers.

In summary, MTailor’s technology offers a seamless approach to acquiring custom-tailored clothing. By leveraging advanced algorithms, phone camera measurements, user-friendly software, and 3D point cloud technology, the company provides customers with a convenient, accurate, and delightful experience.

Mtailor Products and Pricing

Shirts

Mtailor offers custom-tailored shirts for both men and women. Their shirts are available in a variety of fabrics, styles, and colors, allowing customers to customize their shirt to their liking. Customers can choose between different collar and cuff styles, as well as options for tucked or untucked shirts. Mtailor shirt pricing starts at $69, providing tailored shirts at a competitive price point.

Suits

In addition to shirts, Mtailor also provides custom-tailored suits for men. Customers can select their preferred fabric, color, and style, ensuring a perfect fit with personalized design elements. Prices for Mtailor suits start at $499, making custom-tailored suits more accessible to the average individual.

Jeans

Mtailor’s product line includes custom-fit jeans for both men and women. They offer a range of different styles, including slim, straight, and relaxed fits. Customers can choose their preferred wash, rise, and inseam length. Mtailor jeans pricing starts at $89, offering a standard retail price for a custom-fit product.

Masks

Addressing the increased demand for face masks, Mtailor has added custom-fit masks to their product lineup. These masks are available in various fabric options and can be tailored to fit the individual’s face for optimal comfort and effectiveness. The pricing for Mtailor masks starts at $20.

Bottoms

Mtailor’s lineup of custom-tailored bottoms includes chinos and shorts for both men and women. Customers can choose from different fabric options, colors, and styles, ensuring a perfect fit and personalized style. Chinos start at $99, while shorts are priced starting at $69.

Mtailor Business Overview

Founders and Background

MTailor is an innovative app developed by Miles Penn that allows users to obtain custom-tailored clothing using their smartphones. It works by measuring the user’s body through the camera, which then generates measurements for purchasing tailored shirts, suits, and other clothing items through the app’s online shopping platform.

Revenue and Sales

As of July 2021, MTailor’s parent company, Bit Body Inc., has an estimated net worth of $25 million, with a monthly income ranging from $350,000 to $450,000. The app offers custom shirts starting at $69, which is significantly more affordable than traditional tailored shirts.

Supply Chain Issues

While MTailor’s innovative approach to tailoring has received positive feedback, there have been some concerns about technical issues and shipping fees. However, these issues seem to be relatively minor, with the app maintaining a 4-star rating on the App Store and a 4.6-star rating on Google Play as of May 2023.

Competitors

MTailor faces competition from both traditional brick-and-mortar tailors and other online platforms providing custom clothing services. Despite the competition, MTailor’s unique system of using smartphone cameras to measure customers has helped the company stand out and build a loyal customer base in the e-commerce market for custom clothing.

Review and Experiences

Fit and Quality

MTailor’s app uses a unique algorithm to take precise measurements for creating custom-tailored clothing. However, despite the innovative technology, the quality of the shirts they produce has been criticized. Some customers have described them as the worst made-to-measure shirts they’ve ever seen. The pricing falls within the range of $69-$89.

Customer Reviews

MTailor’s performance since its appearance on Shark Tank has seen mixed reviews. The Android app holds a 3.5-star rating while the iOS version has improved over time, boasting a 4-star rating on the App Store and 4.6-star rating on Google Play. Users have reported some technical issues and concerns with shipping fees, but many have found the app to work well for their clothing needs.

Return Rates

The return rates for MTailor’s products are not mentioned explicitly in the available search results. However, it’s essential for the company to work towards improving both its fit and quality to minimize return rates and maximize customer satisfaction with their custom-fit clothing.

Getting Measured with Mtailor

Using the App

Mtailor is an innovative app that allows users to take their measurements and order custom shirts using their phone. To use the app, simply download it on your Android or iPhone device, then follow the on-screen instructions. You’ll need to lean your phone against a wall and take a few pictures of yourself. The app will then measure every inch of your body to create accurate measurements for your custom shirt.

Body Types

The Mtailor app is designed to accommodate various body types, ensuring the perfect fit for all users. Its advanced algorithm takes multiple measurements to ensure the custom shirt will fit your unique body shape. Whether you have a slim, athletic, or fuller build, Mtailor will tailor your shirt accordingly.

Professional Tailors

While the Mtailor app provides a convenient and accurate way to take measurements, some individuals may still prefer the expertise of a professional tailor. With Mtailor’s technology, however, users can rely on the app’s innovative measuring process to provide results similar to those obtained by a professional tailor. This means not only can you save time and money, but you’ll also receive a custom shirt that fits just as well as if you were measured in person by a professional.

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Mtailor: Shark Tank Update - Shark Tank (2024 Update) (2024)
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