Smart clothing company OMsignal has raised a $10 million Series A investment led by Bessemer Venture Partners (BVP). Existing investors also participated in this round, including Real Ventures, Mistral Venture Partners, Golden Venture Partners, David Cohen (managing partner, Techstars), Flextronics (FLEX) and Primera Capital.
This new funding will further help OMsignal in achieving its company intent at scale and to continue to drive the next evolution of wearable technology.As part of the deal, Rob Stavis, partner of BVP; and Ori Sasson, partner of Primera Capital are joining the company’s board of directors.
“Following the recent launch of our Biometric Smartwear collection, we are continuing to receive orders from all over the world, developing new designs and working with top partners to bring our technology to an even wider consumer base,” said Stéphane Marceau co-founder and CEO of OMsignal. “This new funding as well as BVP’s track record in taking disruptive technologies to the masses will further help OMsignal in achieving its company intent at scale and to continue to drive the next evolution of wearable technology.”
OMsignal was founded in 2011 by Frédéric Chanay and Stéphane Marceau on the vision that clothing is the ultimate wearable medium. The company’s team is comprised of scientists, software and hardware engineers, fashion designers, intelligent textile specialists, product and UX experts, and has developed a pioneering platform in bio-sensing clothing.
The first collection of Biometric Smartwear included four shirts that track your performance, health and fitness via health sensors embedded into the fabric. These sensors are connected to a small electronic module on the shirt and send your activity, physiological stress and fitness levels to the OMsignal mobile app in real-time, giving you total insight into your health.