Ultra Violette has landed investment from consumer growth equity firm Aria Growth Partners to fuel its international expansion plans.
The Australian sun care brand will use the funding to expand its reach into North America, launching into Sephora Canada in March 2024.
Investment will also go towards further product and team development.
This is the first time Ultra Violette has taken outside capital since co-founders Ava Chandler-Matthews and Rebecca Jefferd (pictured above) launched the brand in 2019.
Ultra Violette has reportedly achieved 100% year-on-year growth annually.
“This investment marks a significant milestone for our business,” said Jefferd.
“One we are confident will be remembered as the starting point of something greater than we could have imagined.
“Through our expansion so far, we have been overwhelmed by the response to our product formulations, but we have only just scratched the surface,” added Jefferd.
Jackie Dunklau, co-founder and Partner at Aria Growth Partners, said the company is “thrilled” to have partnered with Ultra Violette.
“Rebecca and Ava are impressive entrepreneurs that have created a beautiful brand, with truly amazing, high-performance products,” said Dunklau.
“As consumers change their SPF habits from occasion-based to daily usage, Ultra Violette is perfectly positioned to lead the charge.”
Ultra Violette offers SPF-infused products for the face, body and lips.
It is stocked in 28 international markets across Europe, Australia, the UK, Asia and the Middle East.
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