# Textile.io

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/textile-io

- Industry: Internet
- Headquarters: Sunnyvale, US
- Website: www.textile.io
- Total disclosed funding: $1.5M
- Latest round: Seed (Jul 11, 2019)
- Investors on record: 6

## About

Textile.io is a company that specializes in innovative textile solutions, focusing on sustainability and advanced technology to meet the evolving needs of the textile industry.Founded in 2017 and headquartered in Sunnyvale, US, Textile.io provides textile solutions that leverage cutting-edge technology. The company raised USD 1.5 mn in a Seed funding round on July 11, 2019, led by BlueYard Capital, with participation from various investors including Coinbase Ventures and Collaborative Fund. There have been no significant pivots in their business strategy or operations since inception.Textile.io specializes in innovative textile solutions focusing on sustainability and advanced technology. Their offerings include materials for performance wear, home textiles, and industrial fabrics, catering to clients from fashion brands to sectors like automotive and aerospace, while supporting sustainable practices.Textile.io generates revenue through direct-to-consumer sales and B2B partnerships, offering flexible pricing plans tailored to clients' needs, including bulk ordering discounts and subscription models for recurring orders of their eco-friendly performance fabrics. Their revenue structure supports clients of varying scales and enhances market penetration.Textile.io plans to leverage the recent USD 1.5 mn Seed funding to develop new product lines that prioritize sustainability, with anticipated launches scheduled for late 2023. The company aims to expand into European and Asian markets by 2024, enhancing its global footprint and meeting the growing demand for sustainable textile solutions.

## Funding rounds

- Seed, Jul 11, 2019, $1.5M — Collaborative Fund, BlueYard Capital, Multicoin Capital, Star Chain Capital, Coinbase Ventures, SystemOne

## Investors

- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- BlueYard Capital (https://capitalatlas.ai/funds/blueyard-capital) — Seed
- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Seed
- Star Chain Capital — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- SystemOne — Seed