ClearAngel Funds Bespoke Clothing Company, X of Pentacles, with Milestone $10,000 Investment

“X of Pentacles is disrupting the fashion world with its ode to tradition in a world of mass production,” said Andrew D’Souza, CEO and co-founder, Clearco. “This latest ClearAngel funding reflects ClearAngel’s mission to support up-and-coming companies that go against the grain.”

TORONTO (PRWEB)
October 19, 2021

Clearco, the world’s largest e-commerce investor revolutionizing the way founders grow their businesses, today announced that its ClearAngel program is funding X of Pentacles, designer of bespoke and limited-run clothing from Richmond, Virginia. ClearAngel gives early-stage founders access to revenue share capital, data-driven advice, and Clearco’s extensive network of apps, agencies, and investors.

Founded in 2016 by Marcel Ames, X of Pentacles designs all of its clothing in house and produces it in limited batches to maximize uniqueness. When Ames was forced to put his police officer career aside due to a training injury in 2014, he started sketching and eventually taught himself graphic design and sewing. In a world where everything is mass produced, X of Pentacles’ ready-to-wear, made-to-order and bespoke tailoring collections are handcrafted in Naples, Italy – fulfilling the company’s insistence upon quality, originality, and sustainability. As much as X of Pentacles has accomplished, the company strives to continue its growth via larger inventory and the development of new SEO and e-commerce platforms, which ClearAngel will help them to do.

ClearAngel is one of a few equity-free, flexible capital options for early-stage founders who would benefit from raising an angel round or joining exclusive accelerators, but don’t have the network to do so. In the short time since February 2021, the program has already funded over 350 companies.

“X of Pentacles is disrupting the fashion world with its ode to tradition in a world of mass production,” said Andrew D’Souza, CEO and co-founder, Clearco. “This latest ClearAngel funding reflects ClearAngel’s mission to support up-and-coming companies that go against the grain.”

In addition to $10,000 of flexible capital, X of Pentacles 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. Ames will use this network to establish relationships with retailers and other outlets that he would not otherwise be likely to get introductions to. He also plans to use the ClearAngel platform to better define measurable objectives to meet goals for the brand.

“The story of my life and the brand reflect resilience, escape via creativity and a quest to provide the best there is to offer in the name of clothing,” said Ames. “Our mission is to deliver products that take an unconventional and soulful approach to sartorialism thanks to the transference of personality by the hands that create our pieces. The pieces embody beauty through slight imperfections that can only be created by hand.”

To learn more about X of Pentacles and experience the soulful pieces for yourself, visit xofpentacles.com.

ClearAngel is currently onboarding E-commerce and product companies. There are limited spots available for SaaS, Apps, marketplace and stealth companies. To learn more, 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.

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