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 as of May 27, 2025. 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 as on 27 May, 2025
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Sectors
RetailChemicals & 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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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$89.79 M (USD)
in 5 rounds
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Latest Funding Round
$40 M (USD), Series D
May 13, 2025
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Investors
H&M Group
& 5 more
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Employee Count
49
as on May 27, 2025
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Products & Services of SRTX
SRTX offers a comprehensive portfolio of products and services, including Sheertex, Cortex Software, and Watertex.
Provides rip-resistant technology for durable tights and apparel.
Automates manufacturing operations for textiles factories.
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.
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.
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Venture capital fund investing in tech startups
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Venture capital fund investing in multiple sectors
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Business guidance for corporate companies and startups
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Investor details for SRTX
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- Investor locations
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Investments & Acquisitions by SRTX
Investment portfolio details for SRTX
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- Transaction dates
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Financial Statements - SRTX
Detailed financials for SRTX
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- Profit trends
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Srtx Comparisons
Peer comparison for SRTX
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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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.
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Food waste is converted into biodegradable textiles through innovative processing.
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Produces high-quality natural fiber reinforced thermoplastic materials.
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Sustainable fabrics are manufactured for casual men's and women's apparel.
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Developed technology to produce fiber from flax & industrial hemp
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Develops innovative fabrics from organic raw materials.
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Detailed competitors of SRTX
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Latest news on Srtx
Complete news archive for SRTX
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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.
As of May 27, 2025, the latest employee count at SRTX is 49.
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.