California Cowboy Scores $2 Million Seed Round

<p><strong><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;strong> &&num;8212&semi; California Cowboy&comma; a new apparel brand that created the concept of &&num;8216&semi;social-technical apparel&comma;&&num;8217&semi; has closed a &dollar;2 million seed funding round led by venn growth partners&period;<&sol;p>&NewLine;<p>California Cowboy has created a new line of clothing designed to inspire after-sport social interaction&comma; with the belief that neither fashion nor technology are doing for us what they should&period; By adding intentional product features that demand conversation&comma; the <span class&equals;"xn-location">California<&sol;span>-based creator and innovator of Après-Surf wear designs its products to bring out the extrovert in everyone&period; The company is based in <span class&equals;"xn-location">San Francisco and has a retail store at 1841 Polk St&period; in the city&period; T<&sol;span>he investment will be used to hire talent&comma; launching new products and new categories&comma; and investing in systems and processes that will enable the brand to scale at pace&period;<&sol;p>&NewLine;<p>The company has also added several members to its Board of Directors&period; Appointed to the Board include&colon; <span class&equals;"xn-person">Joelle Maher<&sol;span>&comma; Former EVP and President of Global Multi-Channel Retail at Levi Strauss&comma; <span class&equals;"xn-person">Sarah Choi<&sol;span>&comma; Former Global Manager of Digital and E-Commerce at Marc Jacobs&comma; as well as <span class&equals;"xn-person">Chris Reynolds<&sol;span>&comma; Founder and Managing Partner of venn&period; Chris is a former leader of McKinsey &amp&semi; Company&&num;8217&semi;s retail operations practice and Head of Strategy at Hudson&&num;8217&semi;s Bay&period; California Cowboyis also backed by <span class&equals;"xn-person">Ravi Thakran<&sol;span>&comma; Former Group Chairman LVMH Asia and Founder of L Catterton Asia&comma; and <span class&equals;"xn-person">Tim McGuire<&sol;span>&comma; a former Senior Partner and North American Retail Practice Leader at McKinsey &amp&semi; Company&period;<&sol;p>&NewLine;<p><span class&equals;"xn-person">Drew Clark<&sol;span>&comma; CEO and Founder of <b>California Cowboy<&sol;b>&comma; started the brand in 2016 to celebrate <span class&equals;"xn-location">California&&num;8217&semi;s<&sol;span> rebellious and free-thinking &&num;8220&semi;Cowboy&&num;8221&semi; culture&period; With an end-user-focused approach historically only seen in athletic brands&comma; <b>California Cowboy<&sol;b> designs premium apparel whose purpose is to create real-life connections&comma; without your phone&period; Signature features are aimed at encouraging digital wellness and sparking serendipitous social interactions with the belief that your shirt can be a Trojan Horse into a conversation&period; Features include a signature dry pocket for safe tech storage&comma; champagne and beer-friendly bottle pockets&comma; sunglasses secure loops&comma; and proprietary terry cloth towel linings on summer products&period; All prints and patterns are custom or vintage art pieces&period; Additional design elements reflect the brand&&num;8217&semi;s social purpose&colon; each flagship product includes a pack of provocative &&num;8220&semi;Conversation Cards&comma;&&num;8221&semi; a credit-card sized alloy &&num;8220&semi;Golden State&&num;8221&semi; bottle opener&comma; and a branded koozie&period;<&sol;p>&NewLine;<p>California Cowboy&&num;8217&semi;s design concepts are inspired by the love of the Golden State&&num;8217&semi;s lifestyle &&num;8211&semi; leisurely&comma; outdoor&comma; and active&period; Furthermore&comma; the product design concretely reflects the brand&&num;8217&semi;s belief that appropriately holstering your screen will enable the wearer to be more present in real life&comma; rather than glued to a smartphone&period; The vision is that the right product design will lead to more meaningful experiences with loved ones&comma; and more serendipitous encounters with those you&&num;8217&semi;ve just met &&num;8211&semi; or might meet &&num;8211&semi; when you&&num;8217&semi;ve pocketed your tech&period; The brand has calculated that the average American will spend more than 9 years of their life staring at the screen on their phone&period; This jarring statistic is evidence that technology can be addictive and invasive despite its benefits&period; Being social&comma; active&comma; and optimistic is the core of <b>California Cowboy<&sol;b>&&num;8216&semi;s mission&period; The gear is designed to help you get out of your inbox and into the ocean&comma; with the recognition that while we may live in a digital world&comma; life still happens in analog&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Partnering with venn has been a critical step in our path toward owning the after-sport apparel market&comma; as their team has truly leaned into supporting my team and growing the business&period; It&&num;8217&semi;s been a thrill to work with investors who see the potential in the category we&&num;8217&semi;ve created&comma; and who are just as passionate about our brand as we are&comma;&&num;8221&semi; said Clark&period; &&num;8220&semi;With this investment&comma; <b>California Cowboy <&sol;b>will both grow and become more accessible&comma; which in turn will bring more people closer together&period; We are all craving togetherness after a year of limited interaction&comma; and we want our product to facilitate the clinking of glasses&comma; a surf&comma; or that backyard bar-b-que&period; I am grateful for this partnership with venn and the opportunities that lie ahead&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;We are excited to be partnering with Drew and the exceptional team he&&num;8217&semi;s built at <b>California Cowboy<&sol;b>&comma; &&num;8221&semi; said Reynolds&period; &&num;8220&semi;We were immediately attracted to the opportunity to partner with them as they have done something unique by creating the category of après-surf wear with feature rich social-technical apparel&period; When we tried on the product we were unbelievably impressed with the quality&comma; comfort and thoughtfulness of the design and felt it was completely differentiated from competitor brands&period; Our investment in Drew and team is in line with our strategy to partner with Distinctive Founder CEOs that are delivering industry leading outcomes for customers&period;&&num;8221&semi;<&sol;p>&NewLine;

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