SRTX Company Research Report

Company Overview

• Name: SRTX

• Mission: To drive the durability and sustainability of apparel products by building new materials and software to enable better, more sustainable textile practices.

• Founded: 2017

• Founder: Katherine Homuth

• Key People:

• Katherine Homuth - Founder & CEO

• Gordon Hensley - COO

• Timothy Leyne - CFO

• Sam Colby - EVP & Chief of Staff

• Michael Woodworth - VP, Software

• Alexandra Franco - VP, Product

• Elisabeth Couture-Doherty - VP, Creative

• David Mamrowicz - VP, eCommerce

• Navi Cohen - VP Advanced Materials

• Jeremy Brown - VP of Finance

• Elana Szemenyei - Director, People Operations

• Holly Jayne - Director, Talent & Culture

• Rafael Marques - Director, Post Processing

• Headquarters: Montreal, Quebec, Canada

• Number of Employees: Over 180

• Revenue: No information is available

• Known For: SRTX is best known for its Sheertex® Rip-Resist technology, which has transformed the hosiery category and significantly disrupted the textile industry.

Products

Sheertex® Rip-Resist Technology

• Description: This technology offers a solution to the challenge of making tights that don't rip. It is based on a proprietary knit designed to increase the strength and durability of hosiery.

• Key Features:

• Made with UHMWPE fiber called SRTX Dura

• Stronger and more durable than traditional hosiery

• Composed of materials traditionally used in high-performance applications

Cortex Software

• Description: Cortex is a SaaS platform designed to automate and manage modern, connected, responsive, and real-time aware textile factories.

• Key Features:

• Provides real-time insight into production processes

• Enables full traceability for end customers

• Supports a paperless, fully connected smart knitting factory

Watertex

• Description: Watertex provides water-repellent knit and membrane solutions using hydrophobic polymers free of toxic, forever chemicals.

• Key Features:

• Engineered with SRTX Dura & SRTX Hydra

• Offers unparalleled water-resistance

• Free of toxic chemicals

Recent Developments

• New Headquarters: SRTX has moved into a new, state-of-the-art innovation headquarters in Montreal, becoming the only North American producer of UHMWPE designed for apparel.

• Sustainability Initiatives:

• SRTX aims to address challenges such as product durability, forever-chemicals in textiles, and manufacturing transparency.

• The company is committed to sustainable packaging solutions and minimizing waste in the apparel manufacturing process.

• New Product Lines:

• The integration of the SRTX Dura fiber into broader textile applications to enhance product durability and sustainability.

Partnerships and Collaborations

• Retail Expansion: SRTX has rapidly expanded into global markets through partnerships with some of the world's largest retailers.

Corporate Governance

• The company emphasizes an environmentally responsible approach and corporate transparency. It is backed by significant investors such as G2VP and has been recognized by global platforms for its innovations in textile technology.

Awards and Recognitions

• Awards:

• Time’s Best Inventions

• CAFA (Canadian Arts & Fashion Awards)

• Ernest C. Manning Innovation Award

• Governor General’s Innovation Award

• Startup World Cup

• Featured in The Globe and Mail

Future Vision

• Vision 2030: By 2030, SRTX aims to achieve carbon neutrality, replace the entire disposable hosiery market, and establish water-repellent knits as the industry standard. They also plan to expand their technologies across various product lines globally, fostering sustainable domestic manufacturing.

For further inquiries, concerns, or clarity, please reach out via the contact details provided:

• Inquiries: Hello@sheertex.com

• Media & Press: Press@srtxlabs.com

• Distribution & Partnership: Partnerships@srtxlabs.com