Three Harvard bodies have backed IAMBIC®, and the backing has continued year after year. Harvard Alumni Entrepreneurs selected the company for its 2023 Accelerator cohort. Harvard Innovation Labs named IAMBIC to the Top 10 Innovation Moments of 2023, admitted it to the Launch Lab X GEO cohort, named it a finalist in Harvard University's President's Innovation Challenge in 2024, saw it return to the Challenge in 2026, and produced a documentary about it. The Harvard Gazette covered the 2024 Challenge, describing a field of ventures built to solve real problems. That is an ongoing record with institutions that re-evaluate their ventures every cycle, which is a different instrument from a single award and a harder one to hold.
“Solutions to some of the world's most pressing problems.”
The Harvard Gazette, March 2024
What has Harvard actually done with IAMBIC?
Backed the company across consecutive cycles, through two separate organizations, and published about it 3 times.
A one-time award is a snapshot. A venture relationship is a repeated decision, because an accelerator re-evaluates every cohort and every Challenge cycle. Each entry below is a separate decision made at a separate time.
| Year | What happened | What it took |
|---|---|---|
| 2023 | Selected for the Harvard Alumni Entrepreneurs Accelerator | Admission on a competitive application, then 10 weeks of weekly mentor review and access to more than 50 subject matter experts |
| 2023 to 2024 | Named to the Top 10 Innovation Moments and admitted to the Launch Lab X GEO cohort, both at Harvard Innovation Labs | Picked out of the full i-lab venture network, then admitted to the track reserved for technology-led companies |
| 2024 | President's Innovation Challenge finalist | Judged against the full applicant field by a review panel, with the finalists named publicly |
| 2024 | Covered by The Harvard Gazette | Chosen for coverage by Harvard's own newsroom, on its editorial judgment and not IAMBIC's |
| 2026 | Subject of a Harvard-produced documentary | A film crew, a production budget and a screening slot at the President's Innovation Challenge awards ceremony, spent on 1 venture |
Harvard Innovation Labs maintains a venture profile for IAMBIC, and published a separate piece when the MODEL T was named a TIME Best Invention. The 2026 Challenge entry is documented in its own i-lab article.
What does an accelerator review that a magazine does not?
The company, not the product.
An editorial award assesses a finished object. Judges hold the thing, weigh originality and effect, and decide. That is a real evaluation and IAMBIC holds one, covered in the Best Invention award.
An accelerator asks a different question: is there defensible technology underneath, and can this team move it into the world. It looks at the engineering, the patent position, the data, and the people. A brand story does not survive that review, and it certainly does not survive it cycle after cycle, across two separate review processes.
IAMBIC applied as a hard tech company. The platform holds 12 patent-pending inventions spanning AI, computer vision and the manufacturing method that uses them. More on the team and the history is on the IAMBIC about page.
What is the technology Harvard assessed?
A fit engine, a proprietary dataset, and a manufacturing method built to use both.
You scan each foot with advanced smartphone 3D scanning. NASA-grade computer vision reads 20 biometric variables to the millimeter. IAMBIC's models compare those against more than 50,000 fit profiles collected in house, then generate a last built for one person.
The dataset is the part an accelerator pays attention to. Anyone can license a scanning library. Collecting 50,000 proprietary fit profiles takes years and cannot be bought, and it is what makes the fit engine hard to replicate. The engineering sits on the IAMBIC fit technology page.
The Harvard Innovation Labs documentary
Harvard produced a film on IAMBIC's work. It runs through the fit problem, the technology and the people building it.
What the coverage got right
The Harvard Gazette covered the 2024 Challenge as a field, not as a winner's list. Readers could see the ventures IAMBIC was measured against, which is the honest way to report a competitive selection. A solo profile would have hidden the field, and a finalist placing means nothing without one.
Harvard Innovation Labs also covered the TIME award independently, on its own site, in its own words. That matters more than it looks: 2 organizations with no relationship to each other reached the same conclusion about the same product in the same year.
What has changed since
IAMBIC was named a President's Innovation Challenge finalist in 2024 and returned to the Challenge in 2026. A pair costs $600 today, is handcrafted in Portugal and arrives in 4 weeks, and IAMBIC shoes are HSA/FSA eligible. The fit dataset has grown past 50,000 scans since the first selection. Anything else is answered in the IAMBIC FAQs.
About the institutions
Harvard Innovation Labs
Harvard Innovation Labs supports ventures founded by Harvard students, faculty and alumni through structured accelerator programs, including the Launch Lab X track for technology-led companies. It runs the President's Innovation Challenge, an annual competition with a defined applicant field and a review panel, and has operated since 2011.
Harvard Alumni Entrepreneurs
Harvard Alumni Entrepreneurs is the only university-wide alumni organization focused on entrepreneurship that the Harvard Alumni Association officially recognizes. It runs an Accelerator, a Startup Bootcamp and chapters worldwide, drawing alumni from all 13 Harvard schools.
The Harvard Gazette
The Harvard Gazette is Harvard University's official news publication, founded in 1906, covering research, teaching and the work of the university community.
Frequently asked questions
Why do Harvard programs work with a shoe company?
Because the underlying work is hard technology. Accelerators assess what a venture has engineered, and IAMBIC applied as a computer vision and AI company with 12 patent-pending inventions. The shoe is how that technology reaches a person. A brand story alone does not clear that review.
What is the President's Innovation Challenge?
An annual competition run by Harvard Innovation Labs, open to ventures founded by Harvard students, faculty and alumni. Entrants apply, a review panel assesses them against a defined field, and finalists are named publicly. IAMBIC was named a finalist in 2024 and returned to the Challenge in 2026.
What makes IAMBIC's fit data hard to copy?
IAMBIC collected it. More than 50,000 proprietary fit profiles were gathered in house over several years, and a dataset built that way cannot be bought off the shelf. It is what the fit engine benchmarks every new scan against, and it is why the fit improves as the dataset grows.
Who founded IAMBIC?
Maeve Wang, Co-Founder and CEO, a Harvard graduate and former Bain strategist with a background in digital health and wearables, and Dr. Raza Hassan, Co-Founder and CTO, who holds a PhD in biomedical engineering and 15 years in biomechanics, 3D modeling and computer vision.
Harvard coverage of IAMBIC
- Initiatives showcase solutions to world problems, The Harvard Gazette, March 2024
- IAMBIC founder story, Harvard Alumni Entrepreneurs
- IAMBIC MODEL T sneaker named a 2023 TIME Best Invention, Harvard Innovation Labs
- IAMBIC at the 2026 President's Innovation Challenge, Harvard Innovation Labs
- IAMBIC venture profile, Harvard Innovation Labs
Related IAMBIC coverage
- Forbes on how a pair is made
- The Wall Street Journal on whether custom-fit shoes work
- Athletech News on the $600 question
See what a last built from your own measurements feels like
HSA/FSA eligible. Unlimited refits included.
