This morning Rebundle, a hair-focused startup based in St. Louis, announced that it has raised $1.4 million in a pre-seed round. M25, a venture firm with a geographic focus on the Midwest, led the funding event. Prior to its pre-seed round, Rebundle had raised what CEO and co-founder Ciara Imani May described as six-figures worth of grant, and other non-dilutive capital in an interview with TechCrunch.
Rebundle creates and sells hair extensions made from plant-based materials. My knowledge of hair extensions is modest, but May walked me through a few key points. First, the market is both large, and varied, with myriad price points from low-cost (plastic-based products), to expensive (human hair). And second, plastic extensions can irritate one’s scalp.
May had a focus on living more sustainably before founding Rebundle, …
