Il Makiage parent company lands billion-dollar unicorn status, hints at skin and hair care expansion

By Sarah Parsons | Published: 10-Jan-2022
Colour Cosmetics Finance

The viral make-up brand is best known for its AI foundation colour shade technology and 60-day refund policy

You need to be a subscriber to read this article.
Click here to find out more.

Oddity, the parent company of Il Makiage, has achieved unicorn status by closing a US$130m private round, valuing the business at $1.5bn.

The US-based tech company

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
  • Companies:
  • Il Makiage
See more

You may also like

Finance

Oddity raises outlook after 27% Q2 revenue surge

Read more
The Il Makiage and Spoiled Child owner saw revenues for the period hit $193 million

Trending Articles

  1. Shiseido updates executive board with two new members The appointments aim to further enhance the effectiveness of the Japanese beauty giant’s board of directors
  2. Lancôme lands singer Olivia Rodrigo as global brand ambassador The 21-year-old Grammy Award-winning artist will star in future campaigns for the L’Oréal-owned beauty brand
  3. The Body Shop appoints CMO and CFO to drive growth post-acquisition Penny Brook and Sally Dowling have joined the British beauty retailer’s executive leadership team, with the aim to bring the company back to its former glory
  4. L’Oréal launches fund to support supplier decarbonisation The beauty giant has joined forces with Chenavari Investment Managers on the fund, called Solstice
  5. Sephora’s ambitious plan to open 20 UK stores by 2027 The LVMH-owned retailer’s Global President and CEO, Guillaume Motte, wants to ramp up Sephora’s UK expansion plans to challenge established players

Upcoming event

Cosmoprof India 2024

5-7 December 2024 | Mumbai, India See all

You may also like

Finance

Oddity raises outlook after 27% Q2 revenue surge

The Il Makiage and Spoiled Child owner saw revenues for the period hit $193 million
Finance

Oddity shares drop 7% after short seller accusations

Oddity has hit back at the claims, calling the 50-page report published by Ningi Research misinformed
Finance

Oddity raises 2024 guidance as Q1 profits soar

An ‘excellent’ performance from Il Makiage and Spoiled Child contributed to increased revenues and income during the quarter
Finance

Oddity 2023 revenues top $500 million as tech investments pay off

Oddity co-founder Oran Holtzman said the investments have created a rare combination of ‘scale, growth and profitability’
Colour Cosmetics

Oddity ups 2023 full year outlook after record third quarter results

Il Makiage and Spoiled Child’s parent company has reported a 37% year over year revenue increase, boosted by strong repeat sales
You need to be a subscriber to read this article.
Click here to find out more.
Body Care

Updated: As England's Lionesses make it to the World Cup final, here’s why beauty brands are betting on women’s sports

From Urban Decay and Mielle backing basketball to Unilever’s sponsorship of the FIFA Women’s World Cup, beauty brands are piggybacking on the star power of women’s sports
Colour Cosmetics

Oddity quarterly sales more than double following Revala acquisition

The consumer technology company began trading on Nasdaq with an upsized initial public offering on 19 July 2023
Subscribe now