Adaptive clothing brand No Limbits has raised a $1.4 million seed round.
No investor led the round for the Richmond-based startup, but there was participation from Georgetown’s Halcyon Angels and New York’s The Disability Opportunity Fund and follow-on investments from Mark Cuban and Emma Grede, who previously backed the company on ABC’s “Shark Tank.”
Erica Cole, the company’s founder, said she is using the seed round to expand the company’s product line and cover rising costs due to supply chain issues, according to a story from the Washington Business Journal.
Cole, founded the company in Iowa in early 2019, inspired by the loss of a leg in a car crash a year earlier. She initially built the company while earning a chemistry degree at the University of Iowa, where she entered and won multiple business pitch competitions. In its early days, the company offered decorative covers for prosthetics before pivoting to make jeans with zippers on the legs to work around prosthetics more easily.
New products are set to launch early next year and will address the needs of those in wheelchairs, people with limited dexterity in their hands, and “sensory friendly” products for those with sensory processing disorders.