# OMsignal

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/omsignal

- Industry: Medical Devices & Equipment
- Headquarters: Montreal, Canada
- Website: www.omsignal.com
- Total disclosed funding: $11M
- Latest round: Series A (Jun 24, 2014)
- Investors on record: 6

## About

OMsignal Inc. is a Montreal-based company that specializes in innovative smart clothing technology. Their products utilize integrated wearable sensors to monitor physiological data, supporting active lifestyles and health management.Founded in 2011 and headquartered in Montreal, Canada, OMsignal Inc. develops smart clothing that integrates wearable sensors for physiological monitoring. The company has successfully completed 5 funding rounds, with the most recent being a Growth round on September 19, 2016, where they raised USD 10.000 mn led by Relay Ventures, along with participation from multiple investors including Bessemer Venture Partners and Export Development Canada. The company was founded by a team with backgrounds in technology and health, although specific founders' details are not provided.OMsignal's flagship products include the Hexoskin Pro Kit for Men and Women, featuring the Hexoskin ProShirt and a smart recording device, aimed at active users for real-time health monitoring. Additionally, the Hexoskin Smart Kit is designed for children and teenagers, employing similar technology for younger consumers. Their clothing combines lightweight, moisture-regulating materials with built-in sensors to track vital signs and activity metrics, marketed primarily in North America and Europe to fitness enthusiasts and healthcare professionals.OMsignal generates revenue through direct-to-consumer sales of its smart clothing products, which include the Hexoskin Pro Kit and Smart Kit. Customers benefit from integrated technology that enables seamless tracking through mobile applications for iOS and Android devices, optimizing their fitness routines and health assessments through advanced physiological monitoring capabilities.With the recent USD 10.000 mn Growth funding round completed in September 2016, OMsignal aims to enhance its product line and expand its market presence. Their strategy includes launching upcoming smart clothing products designed for specific athletic applications and targeting new markets in Asia and Europe by 2020. The funding will support the development of these new products and assist in building partnerships with health and fitness organizations to broaden their distribution channels.

## Funding rounds

- Series A, Jun 24, 2014, $10M — Bessemer Venture Partners, Flex Ltd., Primera Capital, Golden Ventures, Real Ventures, Mistral Venture Partners
- Seed, Jun 5, 2013, $1M — Golden Ventures, Real Ventures, Mistral Venture Partners

## Investors

- Golden Ventures (https://capitalatlas.ai/funds/golden-ventures) — Seed, Series A
- Real Ventures — Seed, Series A
- Mistral Venture Partners (https://capitalatlas.ai/funds/mistral-venture-partners) — Seed, Series A
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A
- Flex Ltd. — Series A
- Primera Capital (https://capitalatlas.ai/funds/primera-capital) — Series A