SRTX

Montreal, Canada Founded: 2017 • Age: 9 yrs
Internet-first platform for durable, high-performance tights is offered.

About SRTX

SRTX is a company based in Montreal (Canada) founded in 2017. SRTX has raised $89.79 million across 5 funding rounds from investors including H&M Group, BDC and Export Development Canada. The company has 49 employees. SRTX offers products and services including Sheertex, Cortex Software, and Watertex. SRTX operates in a competitive market with competitors including ALT TEX, GreenCore Composites, Kit and Ace, CRAiLAR Fiber Technologies International and Doriya, among others.

  • Headquarter Montreal, Canada
  • Employees 49
  • Sectors
    Retail
    Chemicals & Materials
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website srtxlabs.com
  • Social LinkedIn
Key Metrics
  • Total Equity Funding
    $89.79M (USD)

    in 5 rounds

  • Latest Funding Round
    $40M (USD), Series D

    May 2025

  • Investors
    H&M Group

    & 5 more

  • Employee Count
    49

Products & Services of SRTX

SRTX offers a comprehensive portfolio of products and services, including Sheertex, Cortex Software, and Watertex.

Sheertex
Textile Innovation

Provides rip-resistant technology for durable tights and apparel.

Cortex Software
SaaS Platform

Automates manufacturing operations for textiles factories.

Watertex
Material Science

Offers water-repellent textiles without toxic chemicals.

Funding Insights of SRTX

SRTX has successfully raised a total of $89.79M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $40 million completed in May 2025. 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 $89.79M
  • Total Rounds 5
  • Last Round Series D β€” $40M
  • Investors Count 6

All 5 funding rounds of SRTX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2025$40MSeries D–BDC
Dec 2024$25MSeries D––
Nov 2024$24.79MSeries D––
–
Sep 2022$1MGrant––
Apr 2022–Series C–H&M Group Ventures
–
Valuation history

6 investors in total: 6 institutional.

Investors in SRTX

SRTX has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include H&M Group, BDC and Export Development Canada.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital fund investing in tech startups
–pegasustechventures.comSan Jose, United States
Venture capital fund investing in multiple sectors
–hmgroupventures.comStockholm, Sweden
Business guidance for corporate companies and startups
–investquebec.comQuebec City, Canada
Commercial banking services for small and medium-sized enterprises are provided.
1944bdc.caMontreal, Canada
SME loans are provided to support business exports.
1944edc.caOttawa, Canada
Brand of casual wear for men and women
2009hmgroup.comStockholm, Sweden
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Investor details for SRTX

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of SRTX

3 dated milestones of SRTX across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded SRTX is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series D, of $40.0M.

Competitors of SRTX

SRTX 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 ALT TEX, GreenCore Composites, Kit and Ace, CRAiLAR Fiber Technologies International and Doriya, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
thealttex.com2020Brampton, Canada$1.37M–
Food waste is converted into biodegradable textiles through innovative processing.
greencorenfc.com2005Toronto, Canada$850,000–
Produces high-quality natural fiber reinforced thermoplastic materials.
kitandace.com2014Vancouver, Canada–96
Sustainable fabrics are manufactured for casual men's and women's apparel.
crailar-fti.com1998Vancouver, Canada$10.19M–
Developed technology to produce fiber from flax & industrial hemp
doriya.ca2017Toronto, Canada––
Develops innovative fabrics from organic raw materials.
iftna.com2007Markham, Canada––
Creates innovative fabric solutions for safety across healthcare, sports, military, and fashion sectors.
simplififabric.com2012Iroquois, Canada––
Develops innovative textile technologies using organic raw materials.
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Detailed competitors of SRTX

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of SRTX

The website of SRTX (srtxlabs.com) receives about 2.8K visits a month.

  • Monthly visits
    2.8K

    ▼ 13.7% vs previous month

Similar websites

Websites whose visitors overlap most with SRTX. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
fqde.qc.ca
fqde.qc.ca
100%
–#5,633,600–
cabbc.org
cabbc.org
100%
–#7,295,715–

Latest news on Srtx

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Complete news archive for SRTX

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to SRTX

10 companies that operate in the same segment as SRTX (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.08 BUSD 939.4 M–
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M2,420
Subscription-based jewelry is provided by digital-first brand BlueStone.
2011Bengaluru, Karnataka, IndiaUSD 254.97 MUSD 259.64 M3,210
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, LithuaniaUSD 872.04 M––
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M850
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 M––
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Frequently Asked Questions about SRTX

SRTX was founded in 2017 and raised its 1st funding round 5 years after it was founded.

SRTX is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

SRTX is a funded company, having raised a total of $89.79M across 5 funding rounds to date.

SRTX has 49 employees.

SRTX was founded in 2017 in Montreal, Canada, as a provider in the apparel sector. An internet-first brand platform is operated by the company, through which tights in various designs and colors are offered. Enhanced durability compared to standard tights is attributed to the products, allowing applications in high-performance areas such as bulletproof vests and climbing equipment. Operations focus on online distribution.

SRTX's top competitors include ALT TEX, CRAiLAR Fiber Technologies International and Kit and Ace.

SRTX offers Sheertex, Cortex Software, and Watertex.

SRTX has 6 investors. Key investors include H&M Group, BDC, Export Development Canada, Invest Quebec, and Pegasus Tech Ventures.

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