Toronto-based e-commerce investor Clearco recently announced its ClearAngel programme is extending $10,000 funding to US sustainable swimwear brand BOLD Swim. Having recently launched a new collection, BOLD Swim founder Tiffany Asamoah looks forward to applying the funding to new growth channels via an aggressive marketing campaign and product development.
ClearAngel is one of a few equity-free, flexible capital options for early-stage founders who don’t have the network to raise an angel round or join exclusive accelerators. The program has funded over 250 companies since its February 2021 launch.Toronto-based e-commerce investor Clearco recently announced its ClearAngel programme is extending $10,000 funding to US sustainable swimwear brand BOLD Swim. Having recently launched a new collection, BOLD Swim founder Tiffany Asamoah looks forward to applying the funding to new growth channels via an aggressive marketing campaign and product development.#
Tiffany emphasizss the importance of sustainability by partnering with various environmental charities, using a special polyamide yarn fabric that biodegrades in five years, and recycling and donating spare fabric, a press release from Clearco said.
In addition to $10,000 of flexible capital, BOLD Swim will also get access to a network of over 500 investors, growth teams, agencies, apps, lawyers, and buyers; and data-driven advice designed to help scale and hit new revenue milestones.
Clearco was co-founded as Clearbanc in 2015 by Michele Romanow from Canada’s Shark Tank (Dragons’ Den), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima.
Fibre2Fashion News Desk (DS)
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