Who founded Nextiles?

Nextiles was founded by George Sun in 2018.

Who are Nextiles's investors?

Nextiles's investors include Drive by DraftKings, Phoenix Capital Ventures.

How much funding has Nextiles raised?

Nextiles has disclosed $4.8M raised across 1 round.

Where is Nextiles headquartered?

Nextiles is headquartered in Brooklyn, US.

Nextiles

Brooklyn, US · Founded 2018 · Delaware corporation · 2 known investors

Nextiles is a materials science company that combines patented fabric-based sensor and sewing technology with a data analytics platform to measure human performance, capturing forces, range of motion, and 3D motion from compression clothing. It serves professional athletes, leagues, teams, and the military with biomechanical and biometric insights.

Hardware New Materials Sports Tech

Founders & leadership

Nextiles was founded in 2018 by George Sun.

George SunChief Executive Officer

John PetersNamed on SEC filing

Matthew EvansNamed on SEC filing

Board

Meredith McPherron in 𝕏Board directorCEO & Managing Partner at Drive by DraftKings

Investors · 2

Drive by DraftKings✓ verifiedBoston

Phoenix Capital VenturesAtlanta

Reported raises · per SEC filings

Form D private placements

$4.8M disclosed across 1 round · 2022

▶$4.8MraisedMay 2022 · 24 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

George SunExecutive Officer, Director
John PetersDirector
Meredith McPherronDirector
Matthew EvansExecutive Officer

Offering amount: $5.9M
Amount sold: $4.8M
First sale: Apr 2022
Incorporated: Corporation, Delaware, 2018
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap

VALD3 shared keywordsVALD builds objective measurement technology and a centralized data platform (VALD Hub) that assess athletes' strength, power, movement, balance and other performance metrics. It serves elite sports teams, universities, gyms, hospitals, clinics and defense departments for performance monitoring and return-to-play decisions.

Companies competing with Nextiles for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken

Agency	Phase	Year	Amount
U.S. Air ForceAir Force	Phase II	2022	$749.3K
National Science Foundation	Phase I	2022	$255.8K
U.S. Air ForceAir Force	Phase I	2022	$50K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

What does Nextiles do?: Nextiles is a materials science company that combines patented fabric-based sensor and sewing technology with a data analytics platform to measure human performance, capturing forces, range of motion, and 3D motion from compression clothing. It serves professional athletes, leagues, teams, and the military with biomechanical and biometric insights.
Who founded Nextiles?: Nextiles was founded by George Sun in 2018.
Who are Nextiles's investors?: Nextiles's investors include Drive by DraftKings, Phoenix Capital Ventures.
How much funding has Nextiles raised?: Nextiles has disclosed $4.8M raised across 1 round.
Where is Nextiles headquartered?: Nextiles is headquartered in Brooklyn, US.