RZC Investments leads seed capital round for LIVSN Designs
Summary
Financial terms of the deal were not disclosed.According to a news release, the investment is expected to support LIVSN staff expansion, further diversify its product line and help to scale up its distribution. Their track record of building world-class products combined with their focus on outdoor recreation makes the RZC team a perfect ally to accelerate LIVSNs mission.LIVSN was founded in 2018 and has five full-time employees. Gibbs-Dabney noted that the investors, who are shareholders, will receive an update about the deal terms.Our investment decision was heavily influenced by LIVSNs fastidious dedication to product excellence, its impressive track record and its commitment to sustainable practices, said Don Huffner, vice president at RZC. Weve admired Andrews vision for years and are excited to support LIVSN in leading the outdoor apparel category with versatile, durable products. Huffner and outdoor industry veteran Phil Graves will join the companys board of directors alongside Gibbs-Dabney.Since graduating from the competitive Techstars Austin 2019 program, LIVSN has expanded its product line from the Flex Canvas to EcoTrek Trail pants.