Funding – Page 2 – Beautifaire

16 Jul

Hair care line Bread Beauty Supply has raised a multimillion-dollar seed funding round, led by Fearless Fund, a enterprise capital fund focused on supporting women of color entrepreneurs. Terms of the deal weren't disclosed. Bread, which offers a variety of fresh products specifically designed for textured and curly hair, was launched three years ago by Maeva Heim, a Black Australian woman and sweetness industry veteran who struggled to search out brands that resonated together with her when she transitioned from relaxed to natural hair. The brand launched on sephora.com and by itself website, BreadBeautySupply.com, with three stock keeping units. Currently it has eight skus including Hair Cream, $28; Macadamia Oil, $28, and Mud Mask, $34, and is offered in a variety of...

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7 Jun

GetHarley Closes $52 Million Funding Round Led by Index

by Beauty Tips

Fashion, Featured

LONDON — GetHarley, a web based marketplace connecting consumers with clinicians and personalized skincare products, has raised $52 million in funding led by Index Ventures, a backer of Farfetch, Glossier and Beauty Pie. Billed as an inexpensive and hassle-free bespoke skincare offering, GetHarley enables customers to talk to top clinicians virtually at a small fee and receive skilled guidance on what skincare or treatment they needs to be getting. The platform also offers concierge services to assist beauty clinics deliver personalized products to customers. The platform, which is known as after Harley Street in London, an area that hosts a fantastic variety of top clinics, revealed that it has seen triple-digit annual growth since its launch in 2019 and is utilized...

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28 May

Virtue Labs Inks Recent Funding Round, Hires Recent CEO

by Beautifaire101

Beauty, Featured

Hair care brand Virtue Labs has tapped Jose Luis Palacios as chief executive officer concurrently it has raised a recent financing round led by Clearasil and Only for Men owner Combe, its majority shareholder. Palacios takes the reins from Virtue Labs founder Melisse Shaban, who launched the brand in 2017. Shaban, the previous CEO of Strivectin Operating Company and Frédéric Fekkai will proceed to function an adviser to the CEO and the board, based on the corporate. Palacios joins Virtue after a protracted profession in the buyer brands industry, including global leadership positions at Procter & Gamble, Coty Inc., and most recently, Google, where he worked in the buyer product goods division. At Coty, he held quite a few positions, including global vp of...

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10 Apr

Matter of Fact Skin Care Brand Closes $6 Million

by Beautifaire101

Beauty, Featured

Matter of Fact has closed its second round of funding, to the tune of $6 million. The brand, founded by Paul Baek in 2021, closed a round of additional funding with participation from Horizon Ventures and Cowboy Ventures, along with James and Nicky Hilton Rothschild, in addition to Birchbox cofounder Hayley Barna. That brings Matter of Fact’s total funding to $16 million. The corporate raised $10 million in seed funding in 2021. Matter of Fact currently only has two products, and sells directly on its website. The brand launched with a 20 percent vitamin C serum, which boasts two years of shelf stability resulting from a patent-pending delivery system, and likewise sells a moisturizer. The brand’s primary focus has been fueling innovation, including various...

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