Sheertex
Sheertex is a technology company.
Financial History
Sheertex has raised $130K across 1 funding round.
Frequently Asked Questions
How much funding has Sheertex raised?
Sheertex has raised $130K in total across 1 funding round.
Sheertex is a technology company.
Sheertex has raised $130K across 1 funding round.
Sheertex has raised $130K in total across 1 funding round.
Sheertex has raised $130K in total across 1 funding round.
Sheertex's investors include Afore Capital, BDC Venture Capital, Blank Ventures, F-Prime Capital Partners, Golden Ventures, Gradient Ventures, iNovia Capital, Staircase Ventures, TCV, Two Small Fish Ventures, Antoine Nivard.
Sheertex is a Montreal-based technology company specializing in innovative textile technologies for durable hosiery, particularly rip-resistant sheer tights made from miniaturized ultra-high molecular weight polyethylene, a polymer typically used in bulletproof vests and climbing gear.[1][2][4] It serves women frustrated with traditional tights that snag and tear easily, solving the problem of short-lived legwear while reducing fashion waste through superior durability—lab tests show Sheertex tights are 4.21x stronger in burst strength, 253x better in abrasion resistance, and 5.9x stronger in tensile strength than competitors, with customer surveys indicating most pairs last 15+ wears.[2][6] Founded in 2017 as Sheerly Genius, the company has raised $83.44M in funding (latest $50M round six months ago), shifted from direct-to-consumer to retail partnerships like H&M in 2023 for scalable growth, and operates a fully vertical, transparent manufacturing facility in Canada as a B-Corp certified entity.[1][3][5]
Sheertex was founded in 2017 by Katherine Homuth, a young Canadian tech entrepreneur based in Montreal, after she grew frustrated with the constant rips, snags, and runs in traditional sheer tights.[1][3] Homuth tested dozens of fibers by wrapping them around her fingers and pulling—most broke until she discovered ultra-high molecular weight polyethylene, an indestructible material from bulletproof vests, which she miniaturized for sheer, resilient knitwear.[1][2] Early traction came from direct-to-consumer sales, evolving into retail expansion with flagship H&M stores in 2023 and a focus on technology-driven scalability; the company, now under parent SRTX, holds 4 patents related to rip-resistant hosiery and has built a state-of-the-art lab for material testing.[1][3][5]
Sheertex rides the wave of sustainable fashion tech, applying advanced materials science from defense and outdoor industries to everyday apparel amid rising demand for durable, eco-friendly alternatives to fast fashion's waste problem—hosiery discards contribute heavily to textile pollution.[2][3][5] Timing aligns with consumer shifts post-2020 toward longevity over disposability, bolstered by B-Corp certification and retail scaling via H&M, positioning it against competitors like Stripe & Stare in a market favoring traceable, high-performance synthetics.[1][3] It influences the ecosystem by patenting knit innovations (e.g., rip-resistant garments), proving tech can disrupt commoditized categories, and expanding into PFAS-free membranes, potentially reshaping activewear and reducing environmental impact through vertical control.[1][3][5]
Sheertex is pivoting from hosiery dominance to a broader textile tech platform under SRTX, with WaterTex for quick-dry swimsuits and PFAS replacements signaling entry into performance apparel.[1] Expect accelerated retail growth, more patents, and Series funding post-$83M raised, fueled by lab-validated durability and word-of-mouth. Trends like circular fashion, material innovation, and ethical manufacturing will propel it, evolving its influence from niche DTC disruptor to scalable B-Corp leader in waste-reducing legwear tech—reinforcing its origin as the bulletproof solution to everyday fashion frustrations.[1][3][5][6]
Sheertex has raised $130K across 1 funding round. Most recently, it raised $130K Seed in July 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2019 | $130K Seed | Afore Capital, BDC Venture Capital, Blank Ventures, F-Prime Capital Partners, Golden Ventures, Gradient Ventures, iNovia Capital, Staircase Ventures, TCV, Two Small Fish Ventures, Antoine Nivard |