About Nextiles
Nextiles is a company based in Brooklyn (United States) founded in 2018 by George Sun.. Nextiles has raised $5 million across 3 funding rounds from investors including NBA, Arizona State University and Newlab. Nextiles offers products and services including Arm Sleeve, Fabric Force Plate, and Knee Sleeve. Nextiles operates in a competitive market with competitors including Stupa, Athos, Kitman Labs, Nanoleq and STATSports, among others.
- Headquarter Brooklyn, United States
- Founders George Sun
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Sectors
RetailMedia & Entertainment Technology Chemicals & Materials
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Email
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Phone
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Website
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Social
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- Legal Name Nextiles, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Seed
Jun 07, 2022
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Investors
NBA
& 9 more
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Employee Count
Employee Count
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Products & Services of Nextiles
Nextiles offers a comprehensive portfolio of products and services, including Arm Sleeve, Fabric Force Plate, and Knee Sleeve. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 3
- Last Round Seed — $5.0M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2022 | Amount | Seed - Nextiles | Valuation | Drive by DraftKings , NBA | |
| Nov, 2021 | Amount | Grant - Nextiles | Valuation |
investors |
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| Sep, 2021 | Amount | Grant - Nextiles | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Sports sector startups are accelerated through focused programs.
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Venture capital investing and portfolio management services for accredited investors.
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Venture capital firm focused on companies in sports, gaming, health, wellness, and media industries
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Nextiles
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Nextiles
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nextiles Comparisons
Competitors of Nextiles
Nextiles operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stupa, Athos, Kitman Labs, Nanoleq and STATSports, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Platform offering sports data analysis
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| domain | founded_year | HQ Location |
Wearable technology is integrated into smart workout clothing by Athos.
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| domain | founded_year | HQ Location |
Provider of performance analytics and management solutions for athletes
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| domain | founded_year | HQ Location |
Smart textiles are provided for remote health monitoring.
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| domain | founded_year | HQ Location |
Performance monitoring solutions for sports players are offered.
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| domain | founded_year | HQ Location |
Sports technology solutions are provided to enhance athlete performance.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nextiles
Frequently Asked Questions about Nextiles
When was Nextiles founded?
Nextiles was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Nextiles located?
Nextiles is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of Nextiles?
George Sun is the current CEO of Nextiles. They have also founded this company.
Is Nextiles a funded company?
Nextiles is a funded company, having raised a total of $5M across 3 funding rounds to date.
What does Nextiles do?
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.
Who are the top competitors of Nextiles?
Nextiles's top competitors include STATSports, Nanoleq and Loomia.
What products or services does Nextiles offer?
Nextiles offers Arm Sleeve, Fabric Force Plate, and Knee Sleeve.
Who are Nextiles's investors?
Nextiles has 10 investors. Key investors include NBA, Arizona State University, Newlab, MSG Sports, and Drive by DraftKings.
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