When was Nextiles founded?

Nextiles was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Nextiles located?

Nextiles is headquartered in Brooklyn, United States.

Who is the current CEO of Nextiles?

George Sun of Nextiles. They have also founded 1 company.

How many employees does Nextiles have?

As of Aug 31, 2026, the latest employee count at Nextiles is 4.

Is Nextiles a funded company?

Nextiles is a funded company, having raised a total of $5M across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Sep 16, 2021.

When was the latest funding round of Nextiles?

Nextiles' latest funding was a $***** Seed round on Jun 07, 2022, with participation from 8 investors. Its primary sector is Fashion Tech. In United States, the Fashion Tech sector has seen $482M in funding in 2026 to date.

Where does Nextiles rank among its competitors?

Nextiles ranks 9th amongst 482 active competitors, of which 65 are funded. It stands 5th 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 Nextiles?

Nextiles' top competitors include Catapult, STATSports and Rapsodo. Among them, Claros Technologies secured the most recent funding round in July, 2026.

Nextiles - 2026 Company Profile, Team, Funding & Competitors

Company Details

Sports perfprmance analytics systems. It offers smart wearables, smart fabrics, tracking software and hardware, and sensors devices. It enables users t o capture and measure 3D data regarding the movement of limbs and the body.

Website: www.nextiles.com/
Social
Email ID: *****@nextiles.tech

Key Metrics

Founded Year

2018

Location

Brooklyn, United States

Stage

Acquired

Total Funding

$5M in 3 rounds

Latest Funding Round

Seed, Jun 07, 2022, $*****

Investors

NBA & 10 more

Ranked

9^th among 482 active competitors

Employee Count

4 as on Aug 31, 2026

Similar Companies

Catapult & 259 more

Exit Details

Acquired by BetterGuard (May 06, 2026)

View Nextiles' full profile

Nextiles got acquired by BetterGuard on May 06, 2026.

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

Nextiles has raised a total funding of $5M over 3 rounds. Its first funding round was on Sep 16, 2021. Its latest funding round was a Seed round on Jun 07, 2022 for $*****. 8 investors participated in its latest round. Nextiles has 10 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Nextiles:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 07, 2022	3613016	Seed	9089643	6156755	1819932	8890499
Nov 15, 2021	3335435	Grant (prize money)	8984038	2544256	3100362	National Science Foundation
Sep 16, 2021	3038471	Grant (prize money)	1039260	8593439	4174788	Arizona State University

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View details of Nextiles's funding rounds and investors

The founders of Nextiles are George Sun and Xavier Vargas. George Sun is the CEO of Nextiles.

Here are the details of Nextiles' key team members:

George Sun: Co-Founder & CEO of Nextiles and founder of 1 other company.
Contact Info: 1 email address
Xavier Vargas: Former Co-Founder of Nextiles and founder of 1 other company.
Contact Info: 1 email address

View details of Nextiles's Founder profiles and Board Members

Nextiles' employee count trend

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

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Top competitors of Nextiles include Catapult, STATSports and Rapsodo. Here is the list of Top 10 competitors of Nextiles, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Catapult 2006, London (United Kingdom), Public	Provider of sports analytics solutions	-	E Holding International Bvba, Herald Investment Management ... & 73 others	61/100
2nd	STATSports 2008, Newry (United Kingdom), Acquired	Players performance tracking solution	-	Tech Nation	60/100
3rd	Rapsodo 2006, Singapore (Singapore), Series A	Manufacturer and distributor of sports devices	-	Stadia Ventures, Phoenix Venture Partners ... & 8 others	59/100
4th	Athos 2012, Redwood City (United States), Series C	Internet first brand offering smart fabric for men and women	$51.2M	Social Capital, DCM Ventures & 6 others	59/100
5th	Stupa Sports Analytics 2019, Gurugram (India), Series A	Platform offering sports data analysis	$4.32M	Good Game Investments, Manipal Media Network ... & 25 others	59/100
6th	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
7th	Garware Technical Fibres 1976, Pune (India), Public	Developer of technical textiles for multiple industries	-	Catamaran	58/100
8th	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
9th	Nextiles 2018, Brooklyn (United States), Acquired	Sports perfprmance analytics systems	$5M	Newlab, Drive by DraftKings & 9 others	58/100
10th	KinoTek 2018, Portland (United States), Seed	Developer of 3D visualization software for movement analysis	$5.77M	Maine Venture Fund, LEAD & 5 others	52/100