Company News, Financial News

Men’s Grooming Company Scotch Porter Closes $11 Million Series B Round

Scotch Porter Founder and CEO Calvin Quallis said the funding will go toward scaling operations and expanding the product offering.

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By: Lianna Albrizio

Associate Editor

Men's grooming brand Scotch Porter today announced its closure of its $11 million Series B funding round.
 
Investment and advisory platform Pendulum, which focuses on businesses and brands of entrepreneurs of color, acted as lead investor. 
 
Scotch Porter Founder and CEO Calvin Quallis said the funding will go toward scaling operations and expanding the product offering. 
 
Additional participants were not disclosed. 
 
“We are excited to partner with Calvin and the Scotch Porter team to support the company through its next phase of growth,” said Pendulum Managing Director Ron Mackey in a statement. “With its differentiated product offering and broad distribution, Scotch Porter is well-positioned for continued expansion in the men’s personal care market.”
 
The company’s previous round closed last year. Led by venture capital fund Stage 1 Fund, monies were put towards supporting expansion efforts,” according to Quallis.
 
About Scotch Porter 
 
Scotch Porter launched in 2015 following Quallis’ stint opening a barbershop in downtown Newark. The brand's inspiration was based on Quallis' desire to conjure solutions to concerns men with textured hair often presented with. Named for his favorite libation and jazz crooner Gregory Porter, the line offers premium hair products for beard, hair, skin, fragrance and, most recently, dietary supplements. 
 
Scotch Porter’s haircare products, which include hydrating hair wash, leave-in conditioner and smoothing hair balm, forgoes more than 1,400 unnatural ingredients including silicone, sulfates and DHA. 
 
In February, the award-winning grooming and wellness brand announced the expansion of its beard collection on the shelves of nearly 2,300 CVS Pharmacy locations nationwide. 
 
 

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