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TORONTO, March 30, 2018— Gibraltar Announces Investment in Inventive Fashion Tech Company, Sheerly Genius, Inc.
Gibraltar Ventures is delighted to announce the closing of an investment in Sheerly Genius, Inc, the company behind the world’s first pair of indestructible sheer pantyhose.
“People in the industry told the founder, Katherine, that an unbreakable knit simply could not be done, but with dogged determination, she made it happen and has developed something quite unique. There are so many possible vertical applications to this knit. We foresee a very bright future for the company”, cited Joe Mimran, Co-Founder and Chairman of Gibraltar & Company.
About Sheerly Genius
Sheerly Genius is the company behind the world’s first pair of indestructible sheer pantyhose. Rip-proof, snag-proof, life-proof. Made with the same type of fibers found in bullet-proof vests, Sheerly Genius pantyhose have been tested up to 50 wears and are designed for whatever life throws at you.
Sheerly Genius is founded by Katherine Homuth (Hague), a Canadian serial entrepreneur and angel investor - who at the age of 27 has already built and sold two companies. She has been named one of the Women to Watch in Wearables, one of Canada’s Top 100 Most Powerful Women and one of Flare’s Sixty Under 30.
About Gibraltar Ventures
Gibraltar’s vision is to proactively contribute to the emergence of the next cohort of great Canadian consumer branded technology companies. Our business purpose is to make early to mid-stage portfolio companies stronger and more competitive by accelerating their speed-to-market. We provide portfolio companies with strategic and business development expertise, access to our network of senior corporate decision-makers, and expansion capital.