Business Features

Digital Beauty Brands Attract VC Dollars

7 monthes ago   |   By WWD

Venture capitalists are banking on beauty.
As evidenced and underscored by Glossier's recent $24 million Series B round that the start-up took to founder Emily Weiss' Into the Gloss web site and social media to announce earlier this week, it appears that investors are increasingly hungry for a piece of beauty start-ups. The round, led by Twitter and Snapchat investor IVP with support from Index Ventures, brings Glossier's total funding to more than $34 million.
Following the less than welcoming venture climate that's prevailed over the last year-and-a-half, this could be a much-needed sign...
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