Nextiles, Inc.
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Nextiles, Inc. - overview
Established
2019
Location
Brooklyn, NY, US
Primary Industry
Software
About
Based in New York, US, and founded in 2019 Nextiles, Inc. operates as a provider of a smart garment platform that combines athletic clothing with an analytics engine that uncovers fresh information about a person's movement. In June 2022, Nextiles, Inc. raised USD 4.
85 million in seed funding led by DRIVE by DraftKings, with participation from Alumni Ventures Group, Madison Square Garden Sports Corp. , National Basketball Association, Inc. , New Lab, LLC, Phoenix Capital Ventures, and SmartSports LLC. Nextiles, Inc.
provides wearables attached with motion sensors directly into clothes using stitching techniques, allowing businesses to utilize the knowledge to help construct or supplement goods from firms wanting to develop IoT or smart devices. The company offers customized APIs with sewn fabrics and data capture products and also allows users to store data and manufacture different fashion clothes.
Current Investors
Alumni Ventures Group, Drive by DraftKings, New Lab, LLC
Primary Industry
Software
Sub Industries
Fitness & Wellness Facilities, Analytics & Performance Software, Advanced Materials
Website
www.nextiles.tech
Verticals
Artificial Intelligence, HealthTech, Mobile Apps, Wearables & Quantified Self
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
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