My Size Plans $10M NYSE Offering

October 13, 2014 | My Size, which recently merged with TopSpin Medical, has decided to raise $10 million on the New York Stock Exchange (NYSE). Currently, the automated clothing size measurement technology company trades on the Tel Aviv Stock Exchange (TASE) at a NIS 8.5 million market cap. My Size’s main product is still under development, but according to the company, it will be able to take a person’s clothing measurements through his or her smartphone, allowing users to purchase clothes online in the right sizes. The product is not only in trying to tackle this problem in the online fashion industry, with another Israeli company Mipso developing technology that also be able to determine sizes. My Size recently displayed its systems at the National Investment Banking Association Conference in the United States.