Myant - About the company
Myant is a funded company based in Mississauga (Canada), founded in 2010 by Tony Chahine. It operates as a The company develops AI-optimized health solutions using textile computing. Myant has raised an undisclosed amount in funding. The company has 88 active competitors, including 17 funded and 11 that have exited. Its top competitors include companies like Claros Technologies, Nextiles and Garware Technical Fibres.
Company Details
The company develops AI-optimized health solutions using textile computing. The platform creates textile-based interfaces that act as digital replicas of the body, allowing for continuous health monitoring and optimization. This involves developing AI discovered advanced materials, engineering textile computing technologies, and creating digital human replicas for proactive healthcare. The resulting technology enables predictive health monitoring, early disease detection, optimized recovery, and remote care integration. The company also offers a big data and API platform for processing biometric data and generating personalized health recommendations.
- Website
- myant.ca
- Social
- Email ID
- *****@myant.ca
Key Metrics
Founded Year
2010
Location
Mississauga, Canada
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
15th among 88 active competitors
Employee Count
172 as on Jun 30, 2026
Legal entities associated with Myant
Myant is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MYANT INC. CIN: 774311294 , Canada, Active | Apr 15, 2016 | - | - | - |
Myant Inc. CIN: 971201-1 , Canada, Active | Apr 15, 2016 | - | - | - |
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Myant's funding and investors
Myant has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on May 05, 2021 for $*****. 1 investor participated in its latest round. Myant has 2 institutional investors.
Here is the list of recent funding rounds of Myant:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 05, 2021 | 1743392 | Grant (prize money) | 7299311 | 3398447 | 5860789 | 3978211 |
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Myant's founders and board of directors
Founder? Claim ProfileThe founders of Myant is Tony Chahine. Tony Chahine is the CEO of Myant.
Here are the details of Myant's key team members:
- Tony Chahine: Founder & CEO of Myant and founder of 1 other company.
View details of Myant's Founder profiles and Board Members
Myant's employee count trend
Myant has 172 employees as of Jun 26. Here is Myant's employee count trend over the years:
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Myant's Competitors and alternates
Top competitors of Myant include Claros Technologies, Nextiles and Garware Technical Fibres. Here is the list of Top 10 competitors of Myant, ranked by Tracxn score:
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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 | $57.7M | 58/100 | |
2nd |  Nextiles 2018, Brooklyn (United States), Acquired | Sports perfprmance analytics systems | $5M | 58/100 | |
3rd |  Garware Technical Fibres 1976, Pune (India), Public | Developer of technical textiles for multiple industries | - | 54/100 | |
4th | StretchSense 2012, Auckland (New Zealand), Acquired | Manufacturer of sensors to measure stretch, pressure, shear, and bend | $20M | 50/100 | |
5th |  Seismic 2015, Menlo Park (United States), Series A | Provider of an apparel enhancing muscle strength solution targeting the elderly population | $16.4M | 47/100 | |
6th |  Footfalls & Heartbeats 2010, Nottingham (United Kingdom), Series A | Provider of smart sensor textiles | $4.9M | 44/100 | |
7th |  Loomia 2004, New York City (United States), Series A | Provider of a circuit technology designed for integration with e-textiles | $7.5M | 43/100 | |
8th | Nanoleq 2017, Zurich (Switzerland), Acquired | Provider of smart textiles for remote health monitoring | $13.6M | 42/100 | |
9th | Developer of embedded RFID thread technology for textile traceability solutions | $20.4M | 41/100 | ||
10th | Baubax 2015, Redmond (United States), Series A | Makers of creative lifestyle apparel products | $4M | 39/100 | |
15th | The company develops AI-optimized health solutions using textile computing | - | 36/100 |
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Myant's Investments and acquisitions
Myant has not made any investments yet. Myant has made 4 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 16, 2025 | Acquisition | 2016 | Toronto (Canada) | |
Jan 06, 2025 | Acquisition | 2016 | Edmonton (Canada) | |
Nov 15, 2024 | Acquisition | 2017 | Zurich (Switzerland) |
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News related to Myant
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Myant Accelerates Precision Healthcare With Acquisition Of Bitnobi Inc.Textile Industries Media Group•Jan 16, 2025•Myant, Bitnobi, TIAP
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Myant Acquires mmHg Inc. To Enhance Precision Medicine For Cardiovascular CareTextile Industries Media Group•Jan 06, 2025•Myant, mmHg
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