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Ayr Spins Off from Bonobos, Closes First Round of Fundraising

Ayr, the denim-based womenswear brand incubated by Bonobos, closed its first round of fundraising after spinning out from Bonobos to form Ayr Inc. on March 1.

Ayr Co-Founder and CEO Maggie Winter said that after seeing triple-digit-growth year over year, the brand felt the time was right to capitalize on its rapid growth trajectory. She said, “We’re excited to focus on scaling the business with a select group of angel investors and advisors who love our brand and understand the future of retail.”

Read more on Rivet.

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