*By Bridgette Webb* Fitness start-up Naked Labs has raised $14 million in Series A funding to produce the market's first at-home body scanner. The device includes a scale with sensors, a computer, and a stationary mirror to collect data on body fat, lean muscle mass, and circumferences. It can complete a body scan in 15 seconds and also tracks progress over time by offering side-by-side body comparisons. The machine costs $1,395, a lofty sum for a fitness tracker. Though Naked Labs co-founders Ed Sclater and Farhad Farahbakhshian are betting that the high quality of the device will be worth it. "It's a premium product with premium materials, and a lot of tech packed in," said Sclater in an interview Wednesday with Cheddar. "This is a first-to-world product, we are creating a new category," added Farahbakhshian. "When LCD TV's first came out, they were $2,300." Farahbakhshian said Naked Labs is very mindful of how much personal data users would be sharing. "We made a deliberate decision early on that we are not going to own the data of the user, the data belongs to them," he said. "At any time they can delete their account and information and it's gone from our cloud servers." Naked Labs' founders said the product will enable users to see the impact that diet, exercise, and other daily decisions have on their bodies. For more on this story, [click here](https://cheddar.com/videos/naked-labs-raises-14m-for-home-3d-body-scanners).

Share:
More In Business
Macy's Rejects $5.8B Takeover Bid From Investors
Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan. The firms offered $21 per share for the stock they don’t already own.
Tech Stocks Still on the Rise
Pete Najarian, co-owner of Market Rebellion, shares what sectors he's watching as the S&P 500 and Dow notch historic highs.
Ford Cuts Production of F-150 Lightning Electric Truck
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Load More