Raises – Page 7 – Beautifaire

27 Apr

Ceremonia Raises M in Series A Led by Sandbridge

Babba Rivera is used to moving fast — but now she’s going into overdrive. Ceremonia, the Latinx clean hair care brand Rivera launched in 2020, has raised $10 million to support its recent expansion to greater than 500 Sephora stores with a series A investment round led by Sandbridge Capital. That has the buzzy brand working with an investment firm that’s proven to have a knack for large exits with Ilia (sold to the Courtin-Clarins family holding company), Youth to the People (L’Oréal) and Thom Browne (Ermenegildo Zegna). Existing Ceremonia investors Silas Capital and Female Founders Fund also re-upped through the round. “We’re in no way chilling out,” Rivera, who leads the corporate as chief executive officer, told WWD. “The work begins now...

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1 Feb

E.l.f. Beauty Raises Full-year Forecast as Sales Surge –

by Beautifaire101

Beauty, Featured

E.l.f. Beauty Raises Full-year Forecast as Sales Surge –

E.l.f. Beauty ended last 12 months with a bang, ringing in its sixteenth consecutive quarter of sales growth and enabling it to once more raise its full-year outlook. While the U.S.’s uncertain economic backdrop could also be weighing on some, especially within the prestige sector, the Oakland, California-based mass beauty company saw double-digit sales growth across all key categories. Net sales gained 49 percent year-over-year to hit $146.5 million in E.l.f.’s third quarter ending Dec. 31. Analysts polled by Factset had forecast sales of $137 million. Because of this, E.l.f. updated its outlook for fiscal 2023 to reflect an expected 38 to 39 percent year-over-year increase in net sales, as in comparison with an expected 22 to 24 percent year-over-year increase previously. Net income...

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16 Jan

Music Industry Networking AI Startup Raises $1.8M In Seed

by Beauty Tips

Nails, Featured

Music Industry Networking AI Startup Raises .8M In Seed

Digital entertainment marketplace app, tap. recently raised $1.8 million in a pre-seed funding round, per a press release. “We're excited to grow our network of support across the tap. app through the newest funding round, which is able to enable is to execute our strategic company objectives, drive impact inside the tech and entertainment industry in addition to scale our operations,” said tap. Founder and CEO Jean-Que Dar within the news release. “At tap., we consider accessibility is part of profession success especially within the entertainment Industry. With the support of our investors, we're on a path that addresses the needs of our industry by enabling professionals with the tools to construct their very own legitimate network.” The platform included investments from...

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15 Dec

Facial Spa Heyday Raises $12 Million – WWD

by Beautifaire101

Beauty, Featured

Facial Spa Heyday Raises $12 Million Facial Spa Heyday Raises $12 MillionIn the newest evidence that med spa services are increasingly catching the eyes of investors, Heyday has raised a $12 million Series B extension. The raise was led by existing investor, Level 5 Capital Partners (L5), nearly two years after Heyday’s initial $20 million Series B. With this capital injection, Heyday, which launched in 2015, plans to take a position in franchise expansion and support. While it has 10 owned and operated salons in Latest York City, Los Angeles and Philadelphia, the corporate made the choice to go down the franchise route around 2018 and has seven locations which might be franchises. That number is about to rapidly increase next 12 months, with Heyday...

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