SOLS Systems, a NYC-based maker of customized wearables, raised $1.75m in seed funding.
The round was led by Lux Capital with participation from RRE Ventures, Rothenberg Ventures, Terrawatt Ventures, Smart Garden and Advanced Laser Materials.
The company intends to use the funds to continue to develop its products.
Founded in July 2013 by CEO Kegan Schouwenburg and COO Joel Wishkovsky, SOLS Systems makes custom orthopedic insoles designed to correct posture and improve performance. The company’s products are generated from a computer vision system which transforms a 10 second smartphone video into a high definition 3D foot model, from which a personalized orthotic is made and then 3D printed.
The product will initially be available through SOLS certified podiatrists in Spring 2014 and SOLS plans to enter the consumer market in 2015.
FinSMEs
28/01/2014