TORONTO, Oct. 27, 2021 /PRNewswire-PRWeb/ -- Clearco, the world's largest e-commerce investor revolutionizing the way founders grow their businesses, today announced that its industry-leading ClearAngel program is funding Flush of Color, creator of high quality, beautifully customized, ready-to-wear human hair wigs. ClearAngel gives early-stage companies access to revenue share capital, data-driven advice, and an extensive network of apps, agencies, and investors powered by Clearco.
Flush of Color uses superior, non-chemically treated, raw hair to make its wigs and provides hands-on advice and customer service to help make wig purchases stress-free. Fatou Diouf, the founder of Flush of Color, is a first-generation immigrant from West Africa and an Ohio University nursing graduate. She experienced a large amount of hair shedding due to pregnancy and began wearing wigs and hair extensions. After realizing these wigs were either poor quality or required more time and money in order to be wearable, she decided to create her own line of high-quality wigs. Flush of Color's unique ready-to-wear approach alleviates the burden most companies place on customers to invest more time and money in preparing wigs post-purchase. Until recently, the company has not had enough capital for marketing; ClearAngel's funding will change that.
ClearAngel is among just a few equity-free, flexible capital options for early-stage founders who lack the network to raise an angel round or join exclusive accelerators. Since its February 2021 launch, the program has already funded over 350 companies.
"We're excited to fund Flush of Color in its mission to help women all around the world enhance their beauty and boost their confidence through wearing high-quality, beautifully customized human hair wigs," said Andrew D'Souza, CEO and co-founder, Clearco. "This ClearAngel investment in Flush of Color reflects ClearAngel's mission to empower black-owned businesses."
In addition to $10,000 of flexible capital, Flush of Color will also get access to a network of more than 500 investors, growth teams, agencies, apps, lawyers, and buyers; and data-driven advice designed to help scale and hit new revenue milestones.
"The ClearAngel funding will help us to strategically expand our marketing," said Fatou Diouf, Founder, Flush of Color. "I believe that women deserve to enhance their beauty and feel more confident. I've put my heart into creating this company and the advice of ClearAngel's experts will be invaluable to growing my business and this mission."
To learn more about Flush of Color and experience your dream look for yourself, visit hairbyflushofcolor.com.
ClearAngel is currently onboarding E-commerce and product companies. The program has limited spots available for SaaS, Apps, marketplace, and stealth companies. To learn more about applying, visit angel.clearbanc.com
About Clearco:
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, Clearco offers the most founder-friendly capital solutions for e-commerce, mobile apps, and SaaS founders as well as a full suite of products and access to a powerful global network, insights, and data, and recommendations. Clearco has invested over $2 Billion in over 4,500 companies to date, including Leesa Sleep, fashion-rental service Le Tote, home goods company Public Goods, shirtmaker UNTUCKit, online speech therapy practice Expressable, and digital real estate marketplace SetSchedule. For more information visit clear.co and @getClearco.
Media Contact
Krista Tietjen, Clearco, 610-213-2824, [email protected]
SOURCE Clearco
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