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Heyday Closes $20 Million Series B Round Led by Level 5 Capital Partners (L5)

Feb 23, 2021•over 4 years ago

Amount Raised

$20 Million

Round Type

series b

San FranciscoInformation Technology

Description

Heyday, the fast-growing company making expert skincare accessible, announced a $20 million Series B round of funding led by Level 5 Capital Partners (L5) with participation from existing investors Lerer Hippeau and Fifth Wall Ventures. The fundraise will allow Heyday to further scale and cement its position as the trusted brand in skincare, with expansion through franchise of its high-touch physical experience and innovation in delivering personalized skincare.

Company Information

Company

Heyday

Location

San Francisco, California, United States

About

Heyday is a platform accelerating digital brands for today’s consumers. We acquire and incubate leading digitally-native brands through innovative partnerships with eCommerce entrepreneurs. Once a part of the Heyday platform, brands tap into technology, data and capital custom-built to drive exponential revenue and profit growth. Our digital-first approach to brand building is unlocking the overlooked potential in the $2.7 trillion global marketplace economy. Heyday has over 200 global employees with deep eCommerce expertise, and has raised over $800 million from visionary investors like General Catalyst and Khosla Ventures.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech