Shavelogic Closes $100M In Financing To Launch The Sl5 Razor

Sep 17, 2021•almost 4 years ago

Amount Raised

$100 Million

Dallas

Description

Shavelogic, Inc. announced that it has raised $100 million in growth capital from Jefferies. Aon's Intellectual Property Solutions played an important role in helping to secure key Collateral Protection Insurance to support the financing.

Company Information

Company

Shavelogic

Location

Dallas, Georgia, United States

About

Founded in 2009 by Rob Wilson and Duwayne Miller, Shavelogic spent more than 10 years securing over 150 global company patents before launching its SL5 shaving system in 2020. Defying competitor convention, the Dallas-based company is challenging the near $11 billion global razor industry with its focus on technology and performance over a price-driven approach. Now with a team that brings together seasoned shave industry veterans with technology-minded industrial designers and engineers, Shavelogic recently opened its first manufacturing facility in the U.S. to meet consumer demand as it rolls out national marketing efforts. For more information, visit www.shavelogic.com.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Shavelogic Closes $100M In Financing To Launch The Sl5 Razor

Description

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Company Information