Julep raises $5m in funds

Published: 19-Jul-2013
Colour Cosmetics Finance

Julep Beauty Incorporated has raised another $5m in venture capital funds as part of its Series B funding round

As an extension to its Series B funding round, US beauty brand Julep Beauty Incorporated has raised another $5m in venture capital funds. This latest amount follows the $10.3m raised in its Series B round of financing led by venture capital firm Andreessen Horowitz and returning investor Maveron, in January this year. According to the company, this latest round of financing will go towards furthering the brand’s efforts in e-commerce and mobile.

Julep was founded by Jane Park, a former Starbucks executive, as a multichannel beauty brand driven by a strong presence in digital and social media. The brand is available via QVC and Sephora in the US, and recently launched a beauty subscription service named Julep Mavens.

See more

You may also like

Colour Cosmetics

Laura Geller and Julep acquired by Glanasol

Read more
Glanasol is a new company co-founded by former Revlon President and CEO Alan Ennis and private equity firm Warburg Pincus

Trending Articles

  1. You need to be a subscriber to read this article.
    Click here to find out more.
    Can Estée Lauder Companies’ new boss reverse its fortunes? With Stéphane de La Faverie confirmed to take the reins from Fabrizio Freda at Estée Lauder Companies, Cosmetics Business explores how the new regime might shape the luxury giant
  2. You need to be a subscriber to read this article.
    Click here to find out more.
    Refillable lipsticks are the new ‘heirloom watch’ Beauty brands are crafting refillable lipsticks designed to last generations
  3. Talc litigation hits Estée Lauder Companies earnings as net sales dip 4% Charges of US$159 million meant the company reported a net loss of $156 million for Q1 of fiscal 2025
  4. Dior opens first beauty boutique in US The store, located in New York, is the first beauty standalone venue for the French fashion house
  5. You need to be a subscriber to read this article.
    Click here to find out more.
    The Autumn Budget falls short for beauty Labour has unveiled its Autumn budget for the UK. Here is everything beauty brands and retailers need to know about the economic changes

Upcoming event

CCE Cosmetic Product Safety Assessment Online Training Module 6, ‘Animal Test Ban, GMP, CPSR, Claims’

7 November 2024 | Virtual See all

You may also like

Colour Cosmetics

Laura Geller and Julep acquired by Glanasol

Glanasol is a new company co-founded by former Revlon President and CEO Alan Ennis and private equity firm Warburg Pincus
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

Consumers look to the stars as zodiac beauty trend grows

From Aries to Pisces, consumers continue to seek out astrological answers to their beauty wants and needs
Colour Cosmetics

Julep inks retail and product deal with Ulta Beauty

US brand co-creates three colour kits called Trend in 10 that help consumers recreate popular make-up looks
Finance

Julep raises $30m to continue growth

The e-commerce firm has raised US$30m, bringing its total venture funding to $56m
Colour Cosmetics

Julep pops up in New York

The pop-up store is expected to remain open until 22 December
Media

Patrick Ta defends $42 eyeshadow pricing amid backlash

The debate has sparked mixed reactions from influencers and consumers
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics

L’Oréal Paris earned $1 million on TikTok Shop’s Super Brand Day – and you can too

TikTok Shop UK’s Nora Zukauskaite reveals how the drugstore beauty brand secured a 466% uptick in TikTok Shop purchases via its ‘Super Brand Day’ concept
Subscribe now