XRC Ventures

XRC Ventures, established in 2015 and located in Brooklyn, New York, serves as an incubator for startups in the retail and consumer goods sectors. The firm focuses on fostering innovation by supporting early-stage companies in areas such as retail technology, consumer healthtech, beauty, personal care, home goods, and health and wellness. Through its innovation accelerator programs, XRC Ventures connects entrepreneurs with investors, established brands, and retailers, providing crucial resources such as capital, mentorship, operational support, and workspace in Manhattan. The organization works collaboratively with leading retailers and technology firms to address current consumer needs and anticipate future market trends.

Pano Anthos

Managing Director

Ally Tam

Venture Partner

Past deals in Fashion

WEAR

Pre Seed Round in 2021
WEAR is a pioneering non-fungible token platform focused on brands and contemporary artists. As Asia's first luxury platform of its kind, it combines a curated marketplace with purpose-built metaverses, enabling users to purchase and showcase their NFT collections while interacting with a community of like-minded collectors. The platform serves as a comprehensive solution for brand partners, offering them new business models and revenue streams through innovative storytelling channels, activations, and engagement opportunities. By facilitating the creation of products and curated experiences, WEAR aims to redefine digital ownership and enhance the connection between brands, artists, and their audiences.

BOBBLEHAUS

Pre Seed Round in 2021
Bobblehaus is a regenerative, unisex fashion brand that caters to Gen Z consumers seeking unique and sustainable clothing options. The brand focuses on limited-edition apparel made exclusively from deadstock and recycled fabrics, addressing environmental concerns while offering distinctive fashion statements. Unlike other brands that target specific demographics or limit sustainability to basic styles, Bobblehaus promotes inclusivity and diversity in its designs. By providing a platform for high-quality, sustainable streetwear, it allows mainstream consumers to adopt eco-friendly fashion without sacrificing aesthetics. Bobblehaus aims to foster a community centered on responsible consumption and innovative design.

Nuudii

Pre Seed Round in 2020
Nuudii is a lingerie brand founded in 2015 by Rebecca Zuber, focused on empowering women to embrace their bodies through versatile and comfortable body essentials. The company produces innovative products featuring a unique featherlight technology that conforms to natural shapes, providing supreme comfort and support. Nuudii's offerings include a range of shapes, sizes, and fits, designed to cater to various personal lifestyles and preferences. The materials used in their products are lightweight, quick to dry, and machine washable, making them ideal for travel. By prioritizing comfort and emotional well-being, Nuudii aims to help women reconnect with their bodies and expand their wardrobe choices.

TRILL Marketplace

Pre Seed Round in 2020
TRILL is an app connects streetwear lovers with unique independent brands and designers from around the world. The app allows them to purchase and easily discover new items that you can’t get anywhere else. TRILL is based in New York City.

Shopshops

Series A in 2019
ShopShops is a livestream shopping platform that connects consumers with brick-and-mortar retailers across the globe, allowing users to shop from diverse stores directly through their mobile devices. Founded in 2016 by Liyia Wu, the company operates from its headquarters in New York City and Beijing. The platform offers an interactive experience, enabling customers to browse efficiently by location and access authenticated products from various brands and stores. By breaking down geographical barriers, ShopShops provides a unique shopping experience that combines curation and interaction, allowing fashion-savvy consumers to explore global retail offerings conveniently and affordably.

(Re)vive

Convertible Note in 2019
Hemster, Inc. is an on-demand tailoring service founded in 2015 and based in San Francisco, California. The company specializes in garment alteration and hemming services, enabling customers to achieve their desired fit regardless of where they shop. Hemster partners with brand-name retailers nationwide, allowing them to offer tailored sizing solutions from off-the-rack inventory through its Perfect Fit Platform. This approach helps eliminate the common challenge of finding the right size, enhancing the shopping experience for customers. Hemster also operates in key markets such as the Bay Area, Los Angeles, and New York.

Fabulyst

Pre Seed Round in 2019
Fabulyst Pvt Ltd. is a Hyderabad-based company that has developed an innovative application functioning as a virtual personal stylist for women in the online fashion market. Established in 2016, Fabulyst utilizes a unique AI engine that addresses modern women's style aspirations by providing personalized clothing recommendations based on individual preferences and goals, such as achieving a sporty look for an evening party while appearing slimmer. This system combines advanced technologies, including deep learning, computer vision, and natural language processing, along with over 40,000 styling rules. Unlike other players in the fashion technology space, Fabulyst offers hands-free, customized advice without manual intervention, aiming to make the benefits of a personal stylist accessible to all women, regardless of their budget. With the fashion e-commerce market in India projected to reach significant revenue figures, Fabulyst positions itself as a pioneering solution in a rapidly growing industry.

Shopshops

Seed Round in 2018
ShopShops is a livestream shopping platform that connects consumers with brick-and-mortar retailers across the globe, allowing users to shop from diverse stores directly through their mobile devices. Founded in 2016 by Liyia Wu, the company operates from its headquarters in New York City and Beijing. The platform offers an interactive experience, enabling customers to browse efficiently by location and access authenticated products from various brands and stores. By breaking down geographical barriers, ShopShops provides a unique shopping experience that combines curation and interaction, allowing fashion-savvy consumers to explore global retail offerings conveniently and affordably.

FFORA

Convertible Note in 2017
FFORA, Inc. is a Brooklyn-based company established in 2017 that specializes in designing and manufacturing wheelchair attachable products aimed at the disabled community. The company focuses on creating lifestyle accessories, including cup holders, tumblers, bags, attachments, hats, and candles, that combine functionality and style. FFORA's mission is to address the unmet needs of individuals with physical disabilities by collaborating with the disabled community to develop fashionable yet practical products. The company markets its offerings primarily through its online shop, providing an accessible platform for customers to explore and purchase its innovative designs.

Convey Clothing

Convertible Note in 2017
Convey Clothing, founded in 2017 by Steve Zerneri and headquartered in New York, operates a certified apparel-leasing platform designed to enhance the lifecycle of clothing while benefiting brands financially. The platform allows consumers to purchase new garments from participating brands and return them after gentle use in exchange for store credit. This innovative approach not only offers customers a way to refresh their wardrobes regularly but also provides brands with an opportunity to tap into the secondhand market, unlocking additional revenue and fostering customer loyalty. Backed by investors such as XRC Labs, Convey Clothing aims to create a sustainable and profitable ecosystem for both consumers and brands in the fashion industry.

Affinity

Convertible Note in 2017
Affinity is an online fashion site that helps retailers start a dialogue with their shoppers. It offers personalized fashion recommendations for brands and retailers.

Mirror That Look

Seed Round in 2017
Mirror That Look is a company that specializes in visual search technology for fashion goods, offering a portal that allows users to browse clothing and accessories through image recognition. The company has developed an efficient and scalable network structure capable of processing fashion products from numerous online sources simultaneously, delivering real-time results to consumers. Its unique capability includes accurately detecting fashion items worn by individuals in user-generated content, rather than just isolated items in traditional stock photos. Additionally, Mirror That Look provides a free browser extension that enables users to find visually similar products by searching images from platforms like Pinterest and Instagram, enhancing the shopping experience by recommending matching items.

Wearaway

Convertible Note in 2016
WearAway, Inc. is a New York-based company that specializes in an online wardrobe rental platform tailored for professionals in the film, television, music, and advertising industries. Founded in 2014, WearAway operates as a subsidiary of Grin, Inc. The company offers a B2B rental marketplace that facilitates the borrowing of designer apparel and accessories, enabling production teams to access high-quality wardrobe options. Its platform also supports direct-to-consumer brands by automating influencer programs, managing key processes such as recruitment, product fulfillment, revenue tracking, and payments. This comprehensive approach streamlines operations for brands and enhances the wardrobe rental experience for creative professionals.

Shopshops

Convertible Note in 2016
ShopShops is a livestream shopping platform that connects consumers with brick-and-mortar retailers across the globe, allowing users to shop from diverse stores directly through their mobile devices. Founded in 2016 by Liyia Wu, the company operates from its headquarters in New York City and Beijing. The platform offers an interactive experience, enabling customers to browse efficiently by location and access authenticated products from various brands and stores. By breaking down geographical barriers, ShopShops provides a unique shopping experience that combines curation and interaction, allowing fashion-savvy consumers to explore global retail offerings conveniently and affordably.

by REVEAL

Convertible Note in 2016
by REVEAL gives emerging designers and established brands access to consumers in-person. They reveal brands to the right consumers in the right place at the right time. Their trained concierges operate their small-format REVEALS, appearing in unique locations for a limited time. They make it easier for consumers to find products they love and easier for designers to be in retail.

QUINN

Convertible Note in 2015
QUINN Style provides a subscription-based on-demand personal shopping and styling service, catering primarily to busy professionals. Based in New York, the company focuses on delivering personalized fashion solutions that save time and enhance clients' wardrobes. By offering tailored styling options, QUINN Style aims to simplify the shopping experience, allowing clients to maintain a polished appearance without the hassle of traditional retail.

REINGE

Convertible Note in 2015
High-end Streetwear for Athletes ( @reingeclothing | reingeclothing.com). Follow us @reingeclothing Facebook: facebook.com/reingeclothing Instagram: instagram.com/reingeclothing Twitter: twitter.com/reingeclothing Angel List: angel.co/reingeclothing

Natalia, Inc.

Convertible Note in 2015
Natalia, Inc. designs and manufactures clothing for women. The company ships to various countries, including Australia, Austria, Bahrain, Belgium, Canada, China, Denmark, Finland, France, Germany, Hong Kong, Israel, Italy, Japan, Mexico, Monaco, the Netherlands, New Zealand, Norway, Poland, Portugal, Qatar, the Russian Federation, South Africa, South Korea, Spain, Sweden, the Switzerland, the United Arab Emirates, the United Kingdom and the United States. Natalia, Inc. was incorporated in 2012 and is based in New York, New York.

Caraa

Convertible Note in 2015
CARAA manufactures fitness handbags for woman that can be used inside and outside of the fitness studio. The company was founded in 2014 and is based in New York.
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