IAMBIC
Techstars '24New York City, US · Founded 2020 · Delaware corporation · 10 employees on LinkedIn · 2 known investors
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IAMBIC manufactures precision-fit shoes using AI-powered 3D foot scanning and computer vision technology paired with traditional shoemaking. The company serves consumers, particularly those with atypical foot shapes or sizes who struggle with standard sizing systems.
Also known as Iambic · IAMBIC INC.
Founders & leadership
IAMBIC was founded in 2020 by Maeve Wang and Dr. Raza Hassan.


Investors · 2
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Also in the syndicate · 1
Reported raises · per SEC filings
Form D private placements$1.3M disclosed across 6 of 7 rounds · 2021–2024
▶$75KraisedOct 2024 · 2 investors · Other TechnologyRule 506(b)
- Maeve WangExecutive Officer, Director
- Offering amount
- $75K
- Amount sold
- $75K
- First sale
- Sep 2024
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$120KraisedMar 2024 · 1 investors · Other TechnologyRule 506(b)
- Maeve WangExecutive Officer, Director
- Offering amount
- $120K
- Amount sold
- $120K
- First sale
- Mar 2024
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$30KraisedAug 2023 · 1 investors · Other TechnologyRule 506(b)
- Maeve WangExecutive Officer
- Amount sold
- $30K
- First sale
- Jul 2023
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$698KraisedDec 2022 · 13 investors · Other TechnologyRule 506(b)
- Maeve WangExecutive Officer, Director
- Offering amount
- $698K
- Amount sold
- $698K
- First sale
- Mar 2021
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$130KraisedDec 2022 · 3 investors · Other TechnologyRule 506(b)
- Maeve WangExecutive Officer
- Amount sold
- $130K
- First sale
- May 2022
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$224KraisedFeb 2021 · 7 investors · Other TechnologyRule 506(b)
- Maeve WangExecutive Officer, Director, Promoter
- Offering amount
- $224K
- Amount sold
- $224K
- First sale
- Feb 2021
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Sep 2026IAMBIC INC. is an American precision-fit footwear company headquartered in New York City, founded in 2020 by Maeve Wang and Dr. Raza Hassan. The company combines smartphone-based 3D foot scanning and computer vision with AI fit modeling and traditional shoemaking. Customers order online, then use the IAMBIC smartphone app to take three photos of each foot against a sheet of printer paper and complete a comfort assessment, a process the company says takes 10 to 15 minutes. A biomechanics-trained concierge team reviews the fit, and master shoemakers in Portugal craft the pair for delivery in about four weeks.
The flagship product is the MODEL T, a shoe priced at $600 and made with Italian full-grain leather, a triple-layer/triple-compound sole, a monocoque-style upper and tire-tread wear bars. The shoe is shaped to more than 20 biometric variables covering foot structure and biomechanics; the company cites 98% fit accuracy from a smartphone scan and offers a Signature Fit Guarantee with unlimited refits. Orders can be paid with HSA/FSA funds through Truemed, subject to independent clinical review. The MODEL T is named after Tyson Park, an early team member and third co-founder who died in 2024 or earlier.
IAMBIC's platform includes 12 patent-pending inventions spanning fit prediction, scan processing and shoe last design, plus the Sole Print layered support and dynamic fit system. Its scientific advisor is Dr. Hylton Menz, a footwear biomechanics researcher at La Trobe University. Beyond direct-to-consumer footwear, the company has described an API-as-a-service through which e-commerce retailers and brands could deliver smartphone-based virtual fit assessments and personalized fit analysis.
Founding story
CEO Maeve Wang, then an associate consultant at Bain & Company and later at Delos, had returned roughly 300 pairs of shoes over three years and could not find a fit using existing footwear fit apps, plugins, specialty-store scanners or gait analysis systems. Reframing the issue as a data-matching problem, she applied in 2020 for a National Science Foundation grant in the digital health program to build a smartphone-based foot scanner that would predict shoe styles and sizes using 3D modeling and material science. With co-founder Raza Hassan she tested the app with brands and found three- to 20-millimeter discrepancies between product specifications, design files and physical shoes—up to two full sizes—making accurate matching impossible. Concluding that fixing the fragmented supply chain could take a decade, the team decided to manufacture shoes themselves. A third co-founder, Tyson Park, introduced the team to industry contacts, including industrial designer M Coleman Horn, that enabled the launch of the footwear business.
Business model
Direct-to-consumer sale of made-to-order, custom-fit shoes ordered online and manufactured at the company's Portugal facility, supported by an in-house scanning app and concierge fit review. The company has also described an API-as-a-Service offering that would let e-commerce retailers and brands provide smartphone-based virtual fit assessments and personalized fit analysis.
Per-pair product sales; the MODEL T is listed at $600, with HSA/FSA payment available via Truemed for qualifying customers and unlimited refits included under the Signature Fit Guarantee.
Traction
The company reports more than 50,000 precision-fit profiles created, a debut collection that sold out in two weeks in 2023, and delivery of the MODEL T to executives. Recognition includes TIME Best Invention of 2023, Miami Shoe Museum induction, Inc. Female Founder of the Year (2025) for Maeve Wang, selection for Techstars NYC, Harvard Innovation Labs, the Harvard Alumni Entrepreneurs Accelerator and finalist status in Harvard's Presidents Innovation Challenge.
Latest developments
Recent activity includes the Art Gods Series, a triple drop of limited-edition precision-fit shoes for the Miami F1 event; HSA/FSA payment enablement through Truemed; and a company history timeline extending through 2025 and 2026.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
A bespoke, AI-driven custom footwear brand positioned at the intersection of consumer footwear and health/biomechanics, with recognition including a TIME Best Invention of the Year award, induction into the Miami Shoe Museum alongside Salvatore Ferragamo, and coverage in TIME, Forbes, The Wall Street Journal, Shape, Athletech News, Sourcing Journal and The Harvard Gazette.
Rather than matching customers to existing mass-produced shoes, IAMBIC controls the full stack from smartphone scan to manufacturing, producing an individually shaped last and shoe. Distinguishing elements include 12 patent-pending inventions, NSF and Center for Biotechnology-funded R&D, a scientific advisory relationship with footwear biomechanics researcher Dr. Hylton Menz, manufacturing by master shoemakers in Portugal, HSA/FSA eligibility, and a guarantee of unlimited refits.
Technology
Advanced smartphone 3D scanning paired with computer vision benchmarked against NASA-grade 3D scanning, feeding AI fit prediction models trained on more than 20 biometric variables including foot structure, biomechanics, lifestyle and gait history. The platform generates an AI-tailored last for each shoe from smartphone camera scans, a comfort questionnaire and wear patterns from the customer's previous IAMBIC pair. It comprises 12 patent-pending inventions covering fit prediction, scan processing and last design, plus adaptive molding, closed-loop manufacturing and the Sole Print layered support and dynamic fit platform. The company states 98% fit accuracy and more than 50,000 precision-fit profiles/foot scans used to train the fit engine.
Go-to-market
Online direct sales with app-based self-scanning that lets customers order from anywhere, supplemented by an in-person Executive Experience scanning location in New York City, limited-edition drops such as the Art Gods Series tied to the Miami F1 Grand Prix and a partnership with Motorsport Lab, HSA/FSA payment enablement via Truemed, customer testimonials and extensive earned media.
Consumers who are poorly served by standard sizing systems—Wang estimates shoes fit about 33% of people well and 40% tolerably, leaving 27% without good options—as well as professionals, executives and athletes seeking all-day comfort, and people with chronic foot pain or pressure-point issues.
Geography
Global headquarters and an Executive Experience scanning location in New York City; manufacturing facility and supply chain in Portugal established in 2022; products delivered to customers' doors.
History
IAMBIC was established in 2020 in New York City by Maeve Wang and Dr. Raza Hassan, partnering with Dr. Hylton Menz and building smartphone 3D scanning and AI fit prediction models with eight patent-pending inventions. In 2021 it secured U.S. National Science Foundation funding, expanded from analytics into full-stack footwear design and manufacturing, and developed four further inventions in adaptive molding and closed-loop manufacturing. In 2022 the company created its first AI-powered MODEL T prototype, opened its Portugal facility, launched Sole Print, joined Harvard Innovation Labs, scrapped the earlier app, and raised over $1 million from angel investors. In 2023 the MODEL T was named a TIME Best Invention, the company opened an Executive Experience scanning space in New York City, its debut collection sold out in two weeks, and it earned press coverage in Forbes and The Wall Street Journal. In 2024 it delivered the MODEL T via smartphone scanning, appointed former Puma Global Footwear Director Adrian Gill as Creative Director, was selected for Techstars NYC, expanded government-backed R&D with the Center for Biotechnology and NSF, was a Presidents Innovation Challenge finalist at Harvard, and debuted a limited-edition capsule at the Miami F1 Grand Prix. The company was later selected for the Harvard Alumni Entrepreneurs Accelerator cohort.
Risks & controversies
The company's early smartphone fit app failed to produce accurate matches because product data across the footwear supply chain was inaccurate by three to 20 millimeters, leading the team to abandon the app in 2022 and build its own manufacturing. Its NSF grant had to be re-applied for with a new protocol and feasibility plan. Co-founder Tyson Park died suddenly. HSA/FSA eligibility is subject to independent clinical review and is not guaranteed, and the company's fit-accuracy and profile-count claims are self-reported.
Compiled by commissioned research from 10 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Related companies · 3
Companies working in the same space as IAMBIC.
Non-dilutive funding · 1 SBIR/STTR award
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Science Foundation | Phase I | 2021 | $256K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Timeline · 13
launches, deals, and filingsCo-founder and CEO Maeve Wang was named Inc. Female Founder of the Year in 2025.
IAMBIC was inducted into the Miami Shoe Museum alongside Salvatore Ferragamo for landmark innovation in custom-fit footwear design.
Adrian Gill, former Puma Global Footwear Director, was appointed Creative Director.
Iambic was selected in March for the Harvard Alumni Entrepreneurs Accelerator cohort, a zero-equity, industry-agnostic program powered by Pegasus Tech Ventures that accepted 11 early-stage startups from 101 applicants.
IAMBIC was selected for Techstars NYC to accelerate the MODEL T to market.
IAMBIC debuted a limited-edition capsule collection at the 2024 Miami F1 Grand Prix and partners with Motorsport Lab on experiential programs.
The MODEL T shoe was named a TIME Best Invention of 2023 for AI-tailored, custom-fit footwear.
Opened an Executive Experience location in New York City featuring NASA-grade computer vision scanning; the debut shoe collection sold out in two weeks.
Iambic established a supply chain and factory in Portugal, where every pair of IAMBIC shoes is crafted, combining heritage craft with modern engineering.
IAMBIC joined Harvard Innovation Labs to advance R&D in AI-tailored footwear.
Created the first AI-powered MODEL T prototype using adaptive molds and launched Sole Print, the layered support and dynamic fit platform underpinning the Precision Fit Program.
The U.S. National Science Foundation awarded Iambic a Small Business Innovation Research (SBIR) Phase 1 project grant of $256,000, with program manager Alastair Monk, to support its analytics platform combining computer vision, material science and computational biomechanics.
$256K source ↗
Maeve Wang applied in 2020 for a National Science Foundation grant in the digital health program to develop a smartphone-based foot scanner predicting shoe styles and sizes from 3D modeling and material science; the company has received nearly $300,000 of government funding in total.
$300K source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structure▸Research sources · 10
primary sources listed
- IAMBICiambic.co · web
10 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does IAMBIC do?
- IAMBIC makes AI-tailored, precision-fit shoes built from smartphone 3D foot scans and crafted by shoemakers in Portugal.
- Who founded IAMBIC?
- IAMBIC was founded by Maeve Wang, Dr. Raza Hassan in 2020.
- Who are IAMBIC's investors?
- IAMBIC's investors include Techstars.
- How much funding has IAMBIC raised?
- IAMBIC has disclosed $1.3M raised across 6 of its 7 known rounds.
- Where is IAMBIC headquartered?
- IAMBIC is headquartered in New York City, US.



