Premium performance apparel brand Greyson Clothiers announced on Friday the completion of a $20 million Series A strategic growth capital raise.
Greyson Clothiers secures $20 million Series A funding. – Greyson Clothiers
The funding round was led by NewBound Ventures and Chris Koch, CEO of New Era, with participation from Tom Nolan, CEO of Kendra Scott, and David Chu, founder of Nautica. Existing investors, including Justin Timberlake, Larry Fitzgerald, Dylan Larkin, Eric Church, and PGA Tour players like Justin Thomas, also participated in the round.
With the capital, the company is expected to scale operations across international markets, expand its brick-and-mortar retail footprint, strengthen direct-to-consumer (DTC) channels, and build new wholesale partnerships.
“The opportunity to have these amazing individuals join our community (pack) is beyond a dream. I have had the great fortune to develop strong friendships with all these inspiring and driven people. Our stories are now shared with the same motivation: to build a pack based of loyalty, passion and the motivation to create,” said Charlie Schaefer, founder and CEO.
Nolan, Chu, and Michael Hoffman of NewBound Ventures will join Greyson’s board of directors.
Founded in 2015, Greyson has experienced rapid growth surpassing over 2,500 points of distribution. The company also recently entered into the womenswear category.
