Pendulum Holdings, established in 2019 by D'Rita and Robbie Robinson, operates as a strategic investment and advisory platform based in Beverly Hills, California. The firm focuses on supporting businesses led by founders and leaders of color through its two primary branches: Pendulum Opportunities, which invests in early-stage momentum-building companies, and Pendulum Partners, which offers strategic advisory services. By aligning its investment strategy with the evolving expectations of values-driven consumers, Pendulum aims to accelerate opportunity and value creation for its portfolio companies. As a registered investment adviser, Pendulum Holdings is dedicated to reimagining the landscape of entrepreneurship and investment.
Fly By Jing Inc. is a food manufacturer based in Los Angeles, California, specializing in authentic Chinese flavors. Established in 2018, the company produces a range of products, including chili crisp, dumpling sauce, spice mixes, and other chili-based condiments. Fly By Jing emphasizes the use of high-quality ingredients to create flavorful sauces that reflect traditional Chinese street food while offering a modern twist. The brand aims to connect people through real food experiences, promoting a culinary journey that is both spicy and satisfying.
Greenwood
Series B in 2022
Greenwood is a financial technology firm based in Atlanta, Georgia, that operates a digital banking platform tailored specifically for Black and Latinx individuals and business owners. Founded in 2020, Greenwood offers a range of financial services designed to empower its clients, including savings and spending accounts, peer-to-peer transfers, mobile deposit capabilities, and access to a global network of automated teller machines. The platform emphasizes community reinvestment and innovative features, such as early pay options, all delivered through a user-friendly mobile banking experience. With a commitment to serving underrepresented communities, Greenwood aims to provide best-in-class digital banking services while fostering economic growth and support for its customers.
Saltbox
Series B in 2022
Saltbox, Inc. is a provider of co-working and co-warehousing rental services, catering to importers, exporters, distributors, and e-commerce operators. Founded in 2019 and headquartered in Atlanta, Georgia, the company offers flexible office spaces and private warehouse suites designed to support small businesses. Its facilities include essential amenities such as Wi-Fi, loading docks, warehouse equipment, conference rooms, and common areas, along with specialized features like temperature-controlled environments and enterprise security. Saltbox aims to foster an entrepreneurial community, enabling clients to efficiently operate, store, and ship goods from a single location.
The Lip Bar
Venture Round in 2022
The Lip Bar LLC, based in Detroit, Michigan, specializes in producing and selling lipsticks. Established in 2011, the company offers a range of products through physical retail locations across the United States and its online platform. The Lip Bar emphasizes the importance of health in beauty, crafting its lipsticks from a unique blend of natural, vegan ingredients such as shea butter, avocado oil, coconut oil, and vitamin E. These formulations are designed to moisturize and soften lips while providing bold color options that allow consumers to express their individuality. The brand aims to cater to diverse skin types and personal styles, ensuring that beauty products are accessible and aligned with health-conscious choices.
Adwoa Beauty
Seed Round in 2022
Adwoa Beauty is a lifestyle beauty brand focused on providing high-quality hair care products specifically designed for individuals with textured hair, including curly and kinky hair types. The brand emphasizes intense moisture and elongation, promoting healthy hair growth and scalp care. Adwoa Beauty's baomint™ collection is particularly effective when used as a complete system, showcasing their commitment to creating products that deliver tangible results. The company prioritizes the use of healthy ingredients and concentrated oils, blending nature with science to meet customer needs. Their products are produced in small batches, ensuring quality and transparency in ingredient labeling, allowing consumers to make informed choices about their hair care.
Spearhead Spirits
Seed Round in 2022
Spearhead Spirits is a premium spirit brand focused on showcasing African culture through its products. The company specializes in producing copper-distilled vodka crafted from local African botanicals, including baobab fruit. By utilizing a meticulous small-batch production process and a unique filtration method, Spearhead Spirits ensures a crisp finish that highlights the authentic flavors of its ingredients. The brand aims to disrupt the spirits industry while delighting customers with its diverse offerings.
SparkCharge
Series A in 2022
SparkCharge, Inc. is an automotive company that designs and manufactures portable charging stations for electric vehicles. Founded in 2014 and based in Boston, Massachusetts, SparkCharge aims to address the limitations of traditional charging infrastructure. Its innovative products are characterized by fast charging capabilities and a modular design, allowing users to charge their electric vehicles conveniently and without the need for a fixed power source. This mobility enhances the overall electric vehicle ownership experience by enabling drivers to charge their cars wherever they go, making electric vehicle charging more accessible and practical.
Altro (fka Perch)
Series A in 2022
Altro, formerly known as Perch, is a company based in Los Angeles, California, that focuses on helping individuals enhance their credit scores by leveraging recurring expenses. Founded in 2019, Altro provides a platform that allows users to link everyday payments and subscriptions, such as bills and monthly services, to their credit history. By recognizing these often-overlooked payments, the Altro app enables users to build their credit more effectively, turning regular financial commitments into a tool for improving their creditworthiness. The service is offered for free, aiming to empower users to maximize their financial potential through better credit management.
ScotchPorter
Series B in 2022
ScotchPorters is an e-commerce company that provides men's grooming products for their beard, skin, and hair care. When Calvin Quallis left the comfort of his cushy desk job this year Jerry Maguire-style to pursue his dream of creating the ultimate beard-grooming line, he did so with the intent of making the most stylishly accessible products in the game.
Clare
Series A in 2022
Clare, Inc. is a New York-based company that specializes in providing paints and related supplies through a direct-to-consumer marketplace. Established in 2017, Clare offers a comprehensive range of products, including eco-friendly paints, primers, paint kits, roller frames, brushes, and painter’s tools. The company aims to simplify the home painting experience by offering designer-curated colors and convenient color sampling options, allowing homeowners to test colors easily from home. Clare's innovative approach to the paint shopping experience focuses on making it more efficient and inspiring, thus helping customers create beautiful living spaces.
PetPlate
Series B in 2021
PetPlate, Inc. is a New York-based company that provides a direct-to-consumer subscription service for fresh-cooked dog meals. Founded in 2015, the company focuses on delivering nutritionally balanced meals made from real food, formulated by veterinary nutritionists. PetPlate's meals are cooked in a dedicated facility and utilize cold-pressure technology to eliminate harmful bacteria while preserving nutrition. The meals are custom-portioned, flash-frozen to maintain freshness, and packaged in pre-portioned, resealable, microwavable, and recyclable containers, allowing pet owners to easily serve nutritious food to their dogs either straight from the fridge or warmed up.
Nickson
Series A in 2021
Nickson Living, founded in 2016 and based in Dallas, Texas, specializes in custom apartment furnishing services aimed at renters. The company enables individuals to easily transform their new apartments into fully furnished homes with just one click. By offering a monthly rental service, Nickson Living provides a wide range of furnishings and decor, including kitchen and bathroom essentials, televisions, lighting systems, and appliances, along with concierge services. This approach allows renters to create a personalized living space that meets their needs and preferences before they move in, making the dream of a custom-designed home more accessible.
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