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Dallas-Based Headwrap Company Raises $2 Million in Seed Funding Round
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A headwrap and turban company called You Go Natural successfully raised $2 million in a seed funding round.
credit-@yougonatural- Instagram
According to Dallas Innovates, You Go Natural (YGN) announced the close of a $2 million seed funding round led by Brand Foundry Venture Partners. Other participants who are assisting the Black-owned hair company include Capital Factory, Willow Growth Partners, and Lightspeed Venture Partners. Monique Little founded YGN in 2016. Her beauty brand is currently based in Dallas.
Dallas Innovates also said that YGN was created when Little realized that she needed a method of protecting her hair, while looking good on the go, after giving birth. In response, Little opted to create a pre-tied and satin-lined headwrap, using her sewing machine. A demand for headwraps from her Instagram followers led to making and selling her creations online.
Black Creatives Discuss the Challenges of Securing Funding, Getting Ahead in Fashion and Beauty
Women s Wear Daily (WWD) 2/23/2021 Rosemary Feitelberg
There’s a lot going on in fashion when it comes to inclusion for Black creatives there are the challenges of securing financing, issues tied to corporate America’s role in diversity, the risk of being pigeonholed as a Black creative, and grappling with ensuring ongoing support for Black-owned businesses.
At Fashion Group International’s “Rising Star Dialogues” event Tuesday, the aim was to unpack some of these issues.
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The event was held in honor of Black History Month and featured Apotts’ Aaron Potts, Jerrimiah James’ Jerry Buckner, You Go Natural’s Monique Little, Nyakio Beauty’s and Thirteen Lune founder Nyakio Grieco and Epperson’s Rodney Epperson. Writer and author Constance White moderated the 75-minute discussion. All of the panelists have been recognized by FGI as Ris