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Clare, A Black-Owned Paint Brand That's Taraji P. Henson-Approved, Closes An $8M Series A Funding Round

Black entrepreneurs are consistently creating innovative brands that are disrupting the standard traditions of industries, and Nicole Gibbons — founder and CEO of Clare — is one of them. Leading what’s said to be the only Black-owned paint brand in the U.S., the interior designer has spearheaded simplifying the process of paint shopping through technology. Founded in 2018, Clare has found success within the paint industry and has received co-signs from the celebrity likes of Taraji P. Henson, who has previously highlighted it as one of her favorite Black-owned businesses. View this post on Instagram A post shared by taraji p henson (@tarajiphenson) In its latest feat, Clare has announced an $8 million Series A funding round led by Pendulum, a newly formed growth-stage fund, according to a press release shared with AfroTech. “We are excited to lead Clare’s Series A and play a role in powering the company’s next stage of growth,” said Ron Mackey, managing director at Pendulum....

Feb 10, 2022