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Beauty For All Industries Secures Nearly $100 Million To Expand Portfolio, Distribution And Global Footprint

Beauty For All Industries Secures Nearly $100 Million To Expand Portfolio, Distribution And Global Footprint

02/22/22, 2:00 PM
Money raised
$100 million
Industry
design
information technology
Beauty for All Industries (BFA) today announced a $96 million growth investment led by TPG Growth, the middle market and growth equity platform of alternative asset firm TPG. BFA includes beauty subscription brands IPSY and BoxyCharm, as well as owned brands Item Beauty, Treslúce Beauty, Complex Culture and personal care brand Refreshments under the Madeby Collective brand incubator. The company has steadily grown its stable of brands since 2011 with a focus on delivering personalized experiences through product innovation, machine learning technology and an inclusive, community-first approach promoting self-expression. The new capital will enable BFA to further develop its technology platform, expand its nascent retail store presence, and enter new, international regions to bring its unique beauty platform to consumers around the world.

Company Info

Company
Beauty
Additional Info
”Scent Beauty, formerly Edge Beauty, launched in 2019 was founded by Stephen Mormoris after a successful career as CMO of Coty Inc.