About Nextiles
Nextiles is a Retail company based in Brooklyn (United States) founded in 2018 by George Sun. Sports performance analytics are enabled via smart wearables and sensors. It operates in the Retail, Media & Entertainment, and Technology sectors. Nextiles has raised $5 million across 3 funding rounds from investors including NBA, Arizona State University and Newlab. Its chief executive, as recorded, is George Sun. Nextiles offers products and services including Arm Sleeve, Fabric Force Plate, and Knee Sleeve. Its focus areas include High Tech, 3D Scanning, 3D Scanners and Body Scanners. Its legal entity is Nextiles, Inc. Its competitors include Athos, Kitman Labs and Blast Motion; 2 of its 3 listed competitors have raised funding.
Company details
Nextiles was founded in 2018 in Brooklyn, United States, within the sports performance analytics sector. Smart wearables, fabrics, tracking software, hardware, and sensor devices are provided to capture and measure 3D data on limb and body movements. Operations focus on enabling users to analyze athletic performance through integrated systems.
- Headquarters Brooklyn, United States
- Founders George Sun
- Stage Acquired
- SectorsRetailMedia & Entertainment Technology Chemicals & Materials
- Email••••••••
- Website nextiles.com
- Social LinkedIn X Instagram
- Legal Name Nextiles, Inc.
- Total Equity Funding$5M (USD)
in 3 rounds
- Latest Funding Round$5M (USD), Seed
Jun 2022
- InvestorsNBA
& 10 more
Products & Services of Nextiles
Nextiles offers a comprehensive portfolio of products and services, including Arm Sleeve, Fabric Force Plate, and Knee Sleeve.
Monitors arm health metrics for athletes in real-time.
Tests athlete readiness and performance from any location.
Tracks knee health and movement data during activities.
Funding Insights of Nextiles
Nextiles has successfully raised a total of $5M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5M
- Total Rounds 3
- Last Round Seed — $5M
- Investors Count 10
All 3 funding rounds of Nextiles with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $5M | Seed | – | Drive by DraftKings, NBA | |
| Nov 2021 | $255,753 | Grant | – | – | |
| Sep 2021 | Grant | – | – |
10 investors in total: 9 institutional and 1 angel.
Investors in Nextiles
Nextiles has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include NBA, Arizona State University and Newlab.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sports sector startups are accelerated through focused programs. | drivebydraftkings.com | Boston, United States | ||
Venture capital investing and portfolio management services for accredited investors. | av.vc | |||
Venture capital firm focused on companies in sports, gaming, health, wellness, and media industries | pcv.fund | Atlanta, United States | ||
Managed co-working spaces for AI and life sciences are provided. | 2012 | newlab.com | Brooklyn, United States | |
Provider of sports media services | 1946 | nba.com | New York, United States | |
Provider of sports management services | 1879 | msgsports.com | New York, United States | |
| smartsport.bg | ||||
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
Multiple courses and degrees are offered across diversified academic streams. | 1885 | asu.edu | United States | |
HK Hilary Knight | unknown_6251041ec4eb4e768 |
Investor details for Nextiles
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Nextiles
1 people are tracked at Nextiles (1 in leadership).
| Name | Role | Group |
|---|---|---|
George Sun | Co-Founder & CEO | Leadership |
Complete people profiles for Nextiles
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Nextiles
3 dated milestones of Nextiles across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Nextiles is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $5.0M.
Competitors of Nextiles
Nextiles has 3 listed competitors in our database, 2 of them funded. They include Athos, Kitman Labs and Blast Motion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| liveathos.com | 2012 | Redwood, United States | $51.2M | 33 | Wearable technology is integrated into smart workout clothing by Athos. | |
| kitmanlabs.com | 2012 | Menlo Park, United States | $76.97M | Provider of performance analytics and management solutions for athletes | ||
| blastmotion.com | 2007 | Carlsbad, United States | Athletic performance sensors for sports metrics are provided. |
Detailed competitors of Nextiles
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- Full competitor set
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Web traffic of Nextiles
The website of Nextiles (nextiles.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 3% vs previous month
Top companies in Fashion & Lifestyle E-Commerce
2 companies that operate in the same segment as Nextiles (Fashion & Lifestyle E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | |||
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 |
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Frequently Asked Questions about Nextiles
Nextiles was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Nextiles is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
George Sun is the CEO of Nextiles, as recorded in our data. They have also founded this company.
Nextiles is a funded company, having raised a total of $5M across 3 funding rounds to date.
Nextiles was founded in 2018 in Brooklyn, United States, within the sports performance analytics sector. Smart wearables, fabrics, tracking software, hardware, and sensor devices are provided to capture and measure 3D data on limb and body movements. Operations focus on enabling users to analyze athletic performance through integrated systems.
Nextiles's top competitors include Athos, Kitman Labs and Blast Motion.
Nextiles offers Arm Sleeve, Fabric Force Plate, and Knee Sleeve.
Nextiles has 10 investors. Key investors include NBA, Arizona State University, Newlab, MSG Sports, and Drive by DraftKings.
Nextiles operates through Nextiles, Inc..