# Sheertex

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

- Industry: Consumer Products
- Headquarters: Canada
- Website: www.sheertex.com/
- Total disclosed funding: $159M
- Latest round: Series C (Apr 19, 2022)
- Investors on record: 6

## About

Founded in 2017 and based in Quebec, Canada, Sheerly Genius Inc., trading under the name Sheertex, operates as a provider of consumers products for women such as sweat shorts, tights, and thigh highs. In March 2025, Sheerly Genius Inc. raised USD 40 million in venture funding co-led by BDC Capital, Export Development Canada, H&M Group Ventures, and Investment Quebec. The company plans to utilize the May 2025 funding to production increase, profitability target.

## Funding rounds

- Series C, Apr 19, 2022, $101M — BDC Capital, Export Development Canada, ArcTern Ventures, G2 Venture Partners, H&M Group Ventures
- Series B, Oct 27, 2020, $44M — BDC Capital, Export Development Canada, ArcTern Ventures, G2 Venture Partners, H&M Group Ventures
- Series A, Sep 16, 2019, $14M — ArcTern Ventures
- Seed, Mar 1, 2018, $0.1M — Creative Destruction Lab

## Investors

- Creative Destruction Lab (https://capitalatlas.ai/funds/creative-destruction-lab) — Seed
- ArcTern Ventures (https://capitalatlas.ai/funds/arctern-ventures) — Series A, Series B, Series C
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series B, Series C
- Export Development Canada — Series B, Series C
- G2 Venture Partners (https://capitalatlas.ai/funds/g2-venture-partners) — Series B, Series C
- H&M Group Ventures — Series B, Series C