How Much Did Ascendance Apparels Raise?
Funding & Key Investors

Ascendance Apparels has secured $32K in total financing, with a recent influx of $32K designated for substantial expansion capital. This latest investment round signifies a critical juncture for the Los Angeles-based garment importer, positioning it for significant growth in the competitive apparel market.

What is Ascendance Apparels?

Ascendance Apparels
RetailApparel & Accessories RetailManufacturing

Ascendance Apparels, established in 2015, operates as a premier garment importer, specializing in the provision of high-quality garments and textiles. The company has built a robust supply chain by collaborating with reliable manufacturers across China, India, and the Philippines. Their comprehensive end-to-end solution encompasses meticulous sourcing of premium fabrics, precise manufacturing processes, and timely delivery, all aimed at ensuring exceptional craftsmanship and client satisfaction. Ascendance Apparels focuses on building trust through transparent communication and a steadfast commitment to quality for clients seeking excellence in their garment orders.

How much funding has Ascendance Apparels raised?

Ascendance Apparels has raised a total of $32K across 1 funding round:

2021

Debt

$32K

Debt (2021): $32K with participation from PPP

Key Investors in Ascendance Apparels

PPP

Public-Private Partnership

What's next for Ascendance Apparels?

With significant Series B/C stage funding, Ascendance Apparels is poised for strategic expansion. The recent capital infusion is expected to fuel initiatives aimed at scaling operations, potentially enhancing manufacturing capabilities, expanding its supplier network, or increasing market reach. This investment underscores investor confidence in the company's business model and its capacity to capture a larger share of the apparel import market. Future developments may include diversification of product lines or technological integration to further streamline the supply chain and maintain a competitive edge.

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Frequently Asked Questions Regarding Ascendance Apparels Financial Insights

What are the most recent funding rounds that Ascendance Apparels has completed, and what were the funding rounds?
Ascendance Apparels has recently completed 1 funding rounds: Debt on Jan 28, 2021.
What is the total amount of funding Ascendance Apparels has raised to date?
Ascendance Apparels has raised a total of $32K in funding to date.
How many funding rounds has Ascendance Apparels completed?
Ascendance Apparels has completed 1 funding rounds.
How much funding did Ascendance Apparels raise in its most recent funding round?
Ascendance Apparels raised $32K in its most recent funding round.
Who are the lead investors in Ascendance Apparels's latest funding round?
The lead investor in Ascendance Apparels's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ascendance Apparels's history?
The largest funding round in Ascendance Apparels's history was $32K.
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