When was Loomia founded?

Loomia was founded in 2004 and raised its 1st funding round 1 year after it was founded.

Where is Loomia located?

Loomia is headquartered in New York City, United States.

How many employees does Loomia have?

As of Jul 31, 2026, the latest employee count at Loomia is 4.

Is Loomia a funded company?

Loomia is a funded company, having raised a total of $7.5M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 01, 2005.

When was the latest funding round of Loomia?

Loomia's latest funding was a $***** Grant (prize money) round on Sep 01, 2024, with participation from 1 investor. Its primary sector is Advanced Materials. In United States, the Advanced Materials sector has seen $462M in funding in 2026 to date.

Where does Loomia rank among its competitors?

Loomia ranks 3rd amongst 92 active competitors, of which 16 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Claros Technologies, which secured $55M in Jul, 2026.

Who are the top competitors of Loomia?

Loomia's top competitors include Claros Technologies, Garware Technical Fibres and Nextiles. Among them, Claros Technologies secured the most recent funding round in July, 2026.

Loomia - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of a circuit technology designed for integration with e-textiles. It provides users with a circuit that can be embedded into textiles for heating, lighting, sensing, or data-tracking applications. The circuit has sensors on them, which collects data about the person wearing the apparel. The embedded sensors collect data about temperature, motion, or frequency of wear which is then stored in a slim battery that powers the circuits. The company also offers a companion application that allows the user to upload the data collected by the device and leverages blockchain for security, tokenizing rewards, and data integrity.

Website: www.loomia.com/
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Key Metrics

Founded Year

2004

Location

New York City, United States

Stage

Acquired

Total Funding

$7.5M in 4 rounds

Latest Funding Round

Grant (prize money), Sep 01, 2024, $*****

Investors

Western Technology Investment & 11 more

Ranked

3^rd among 92 active competitors

Employee Count

4 as on Jul 31, 2026

Similar Companies

Garware Technical Fibres & 93 more

Exit Details

Acquired by Unichem Pharmaceuticals (Aug 06, 2026)

View Loomia's full profile

Loomia got acquired by Unichem Pharmaceuticals on Aug 06, 2026 at an acquisition amount of $*****.

Click here to take a look at Loomia's acquisition in detail

Loomia has raised a total funding of $7.5M over 4 rounds. Its first funding round was on Jun 01, 2005. Its latest funding round was a Grant (prize money) round on Sep 01, 2024 for $*****. 1 investor participated in its latest round. Loomia has 12 institutional investors.

Here is the list of recent funding rounds of Loomia:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2024	8530938	Grant (prize money)	1299652	9215247	1415522	3405282
Sep 30, 2009	5550207	Series A	7029260	7424852	3153586	2597488
Apr 02, 2008	7829114	Series A	3570112	4200056	5646456	Peacock Equity & 2 more

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View details of Loomia's funding rounds and investors

The founders of Loomia are Ken Fromm, Francis Kelly and David Marks.

Here are the details of Loomia's key team members:

Ken Fromm: Co-Founder of Loomia and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Francis Kelly: Co-Founder of Loomia.
David Marks: Co-Founder of Loomia.
David McMurty: CEO of Loomia.

View details of Loomia's Founder profiles and Board Members

Loomia's employee count trend

Loomia has 4 employees as of Jul 26. Here is Loomia's employee count trend over the years:

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Top competitors of Loomia include Claros Technologies, Garware Technical Fibres and Nextiles. Here is the list of Top 10 competitors of Loomia, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Claros Technologies 2015, Saint Paul (United States), Series B	Provider of sustainable solutions for circular economy	$113M	Ecosystem Integrity Fund, American Century Investments ... & 15 others	58/100
2nd	Garware Technical Fibres 1976, Pune (India), Public	Developer of technical textiles for multiple industries	-	Catamaran	58/100
3rd	Loomia 2004, New York City (United States), Acquired	Provider of a circuit technology designed for integration with e-textiles	$7.5M	Western Technology Investment, Dot Edu Ventures ... & 10 others	58/100
4th	Nextiles 2018, Brooklyn (United States), Acquired	Sports perfprmance analytics systems	$5M	Newlab, Drive by DraftKings & 9 others	58/100
5th	StretchSense 2012, Auckland (New Zealand), Acquired	Manufacturer of sensors to measure stretch, pressure, shear, and bend	$20M	Plug and Play Tech Center, Flying Kiwi Angels ... & 27 others	50/100
6th	Footfalls & Heartbeats 2010, Nottingham (United Kingdom), Series A	Provider of smart sensor textiles	$4.9M	Midlands Engine Investment Fund, New Zealand Growth Capital Partners ... & 49 others	44/100
7th	Seismic 2015, Menlo Park (United States), Series A	Provider of an apparel enhancing muscle strength solution targeting the elderly population	$16.4M	31VENTURES, Global Brain & 6 others	42/100
8th	Nanoleq 2017, Zurich (Switzerland), Acquired	Provider of smart textiles for remote health monitoring	$13.6M	Capnamic Ventures, Venture Kick & 8 others	42/100
9th	Primo1D 2013, Grenoble (France), Series C	Developer of embedded RFID thread technology for textile traceability solutions	$20.4M	Innovacom, Bpifrance & 9 others	41/100
10th	Baubax 2015, Redmond (United States), Series A	Makers of creative lifestyle apparel products	$4M	Kickstarter	39/100