When was SRTX founded?

SRTX was founded in 2017 and raised its 1st funding round 5 years after it was founded.

Where is SRTX located?

SRTX is headquartered in Montreal, Canada.

How many employees does SRTX have?

As of May 27, 2025, the latest employee count at SRTX is 49.

Is SRTX a funded company?

SRTX is a funded company, having raised a total of $65M across 4 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Apr 2022.

When was the latest funding round of SRTX?

SRTX's latest funding was a $***** Series D round on May 13, 2025, with participation from 4 investors.

Where does SRTX rank among its competitors?

SRTX ranks 1st amongst 6 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was SRTX, which secured $40M in May, 2025.

Who are the top competitors of SRTX?

SRTX's top competitors include ALT TEX, IFTNA and CRAiLAR Fiber Technologies International. Among them, SRTX secured the most recent funding round in May, 2025.

SRTX - 2026 Company Profile, Funding & Competitors

SRTX is a series D company based in Montreal (Canada), founded in 2017. It operates as a Provider of an internet first brand platform offering tights. SRTX has raised $65M in funding from BDC and H&M Group Ventures. The company has 6 active competitors, including 2 that are funded. Its top competitors include companies like ALT TEX, IFTNA and CRAiLAR Fiber Technologies International.

Company Details

Provider of an internet first brand platform offering tights. The brand offers tights in different designs and colors. It claims that the product is more durable than normal tights and can be used for high-performance applications like bulletproof vests and climbing equipment.

Website: www.srtxlabs.com/
Email ID: *****@srtxlabs.com

Key Metrics

Founded Year

2017

Location

Montreal, Canada

Stage

Series D

Total Funding

$65M in 4 rounds

Latest Funding Round

Series D, May 13, 2025, $*****

Investors

BDC & 7 more

Ranked

1^st among 6 active competitors

Employee Count

49 as on May 27, 2025

Similar Companies

Genomatica & 140 more

View SRTX's full profile

SRTX has raised a total funding of $65M over 4 rounds. Its first funding round was on Apr 2022. Its latest funding round was a Series D round on May 13, 2025 for $*****. 4 investors participated in its latest round. SRTX has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of SRTX:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 13, 2025	1345756	Series D	4883613	1590442	4601681	7645323
Nov 25, 2024	4692971	Series D	7049736	6137336	5469822	6522171
Sep 30, 2022	8986679	Grant (prize money)	4512967	6698979	6478399	Pegasus Tech Ventures

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View details of SRTX's funding rounds and investors

SRTX's employee count trend

SRTX has 49 employees as of May 25. Here is SRTX's employee count trend over the years:

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Top competitors of SRTX include ALT TEX, IFTNA and CRAiLAR Fiber Technologies International. Here is the list of Top 10 competitors of SRTX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SRTX 2017, Montreal (Canada), Series D	Provider of an internet first brand platform offering tights	$65M	Export Development Canada, H&M Group Ventures ... & 6 others	57/100
2nd	ALT TEX 2020, Brampton (Canada), Seed	Provider of solutions to convert food waste into textiles	$1.75M	Y Combinator, Garage Capital & 18 others	34/100
3rd	IFTNA 2007, Markham (Canada), Unfunded	Manufacturer of sustainable fabrics	-	-	30/100
4th	CRAiLAR Fiber Technologies International 1998, Vancouver (Canada), Late Stage	Developed technology to produce fiber from flax & industrial hemp	$10.1M	-	29/100
5th	Doriya 2017, Toronto (Canada), Unfunded	Developer of fabrics from organic raw materials	-	-	24/100
6th	Simplifi Fabric 2012, Iroquois (Canada), Unfunded	Developer of textiles from organic raw materials	-	-	24/100
7th	GreenCore Composites 2005, Toronto (Canada), Deadpooled	Manufacturer of natural fiber reinforced thermoplastic materials.	$850K	GrowthWorks Capital	21/100