Funding – Page 4 – Beautifaire

23 Oct

Melissa Butler Melissa Butler Beauty entrepreneur Melissa Butler launched her cosmetics brand The Lip Bar with a mission to “change the way in which people take into consideration beauty.” It looks like she’s modified the minds of skeptical investors as well. In 2015, Butler appeared on the business pitch competition series Shark Tank with the aim of obtaining investment dollars for her cutting-edge beauty company—the panel was harsh, and even called it “clown makeup.” 7 years later, Butler has closed on $6.7M in seed funding. Per a news release, the round was led by Pendulum, an inclusive and strategic growth investing and advisory platform designed for founders and leaders of color, with The Fearless Fund and Endeavor rounding out the cap table. Butler said she plans to proceed growing...

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18 Oct

MedSpa Marketplace Upkeep Completes Pre-seed Funding Round – WWD

by Beautifaire101

Beauty, Featured

MedSpa Marketplace Upkeep Completes Pre-seed Funding Round – WWD

Upkeep, an app that enables users to search out, book, and pay for MedSpa treatments comparable to facials, botox, filler and laser hair removal, has secured $2 million in seed funding. The round was co-led by The Anthemis Female Innovators Lab Fund and 1517 Fund, which were early Loom and Figma backers, together with angel investors including Coco Meers. Of its investment, Katie Palencsar, managing director and global head of enterprise studio at Anthemis, said: “The cosmetic health care category is growing exponentially, as stigmas around these treatments are broken down and younger generations develop into increasingly transparent about all elements of their wellness routines. Upkeep is digitizing the category as a complete to supply the access and convenience these users expect,...

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4 Oct

Once Rejected By Investors, Melissa Butler’s “The Lip Bar”

by Beauty Tips

Makeup, Featured

Beauty entrepreneur Melissa Butler launched her cosmetics brand The Lip Bar with a mission to “change the best way people take into consideration beauty.” It looks like she’s modified the minds of skeptical investors as well. In 2015, Butler appeared on the business pitch competition series Shark Tank with the aim of obtaining investment dollars for her cutting-edge beauty company—the panel was harsh, and even called it “clown makeup.” 7 years later, Butler has closed on $6.7M in seed funding. Per a news release, the round was led by Pendulum, an inclusive and strategic growth investing and advisory platform designed for founders and leaders of color, with The Fearless Fund and Endeavor rounding out the cap table. Butler said she plans to proceed growing The Lip...

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3 Sep

These Black Women Entrepreneurs Won A Total Of $150,000

by Beautifaire101

Nails, Featured

These Black Women Entrepreneurs Won A Total Of 0,000

var playerInstance_cCxaAEZj = jwplayer("jw-video-cCxaAEZj").setup({ playlist: "https://cdn.jwplayer.com/v2/media/cCxaAEZj", autostart: false, repeat: true, mute: true, aspectratio: '16:9', sharing: { sites: ["facebook","twitter","email","linkedin"] }, cast: {}, floating: { dismissible: true }, autoPause: { viewability: false }, displaytitle: true, displaydescription: true, controls: true, related: { displayMode: 'shelfWidget' }, advertising: {"client":"googima","tag":"https://pubads.g.doubleclick.net/gampad/ads?correlator=&iu=/21698916284/ess/VideoNews&impl=s&env=vp&gdfp_req=1&output=vast&sz=1000x1&description_url=__page-url__&tfcd=0&npa=0&vpmute=0&vpa=auto&vad_format=linear&url=__page-url__&vpos=preroll&unviewed_position_start=1&v=cCxaAEZj&pmnd=0&pmxd=60000&ad_rule=1&cust_params=ttid%3DcCxaAEZj%26frnch%3D__item-franchise__%26environment%3D%26kwblock%3Ddis,Bui,Abb,Microsoft,Wal,Air,DIS 2,CapOne2,Coca,UPS,mcd,Targetbos,Buick,EFOC_Tar.,Toyota,dentsu,Johnson","vpaidcontrols":true} }) The 2022 ESSENCE Festival of Culture saw skincare giant Aveeno partner with ESSENCE to present the Aveeno SkinHealth Startup Accelerator Showcase Winner’s Circle on the Beauty Carnival stage. The grand-prize winner received $100,000 in funding for her business, while the runner-up received $50,000 in funding for her business. To kick off the segment, ESSENCE Chief Revenue Officer Pauline Malcolm-Thornton was joined by Aveeno Principal Scientist Sabrina Henry, just because the two ladies introduced a congratulatory message from Tia Mowry. “I really feel that these dynamic entrepreneurs are amazing businesswomen and role models,”...

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