Curated News
By: NewsRamp Editorial Staff
May 08, 2024

Award-winning Three Ships Beauty Raises $2.5 Million to Expand in US Market

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Source Press Release

TLDR

  • Three Ships Beauty secures $2.5 million funding to expand in the US market, invest in brand and growth marketing, and strengthen the team with strategic hires.
  • Three Ships Beauty focuses on natural-skincare innovation with science-backed, plant-derived ingredients, free of fillers or chemicals, and packaged in 100% recyclable materials.
  • Three Ships Beauty is committed to improving transparency and sustainability in the skincare industry, making natural, effective skincare accessible to more people.
  • Three Ships Beauty founders were listed in Forbes 30 Under 30, received the EY Entrepreneur of the Year®, and unveiled a highly requested product - First Light Vitamin C + Caffeine Eye Cream.

Impact - Why it Matters

The news of Three Ships Beauty raising $2.5 million is important as it signifies the brand's continued success and growth in the competitive skincare industry. The funding will allow the company to reach more customers with their natural, effective skincare products and further their commitment to transparency and sustainability. This impacts consumers as it means increased accessibility to high-quality, eco-friendly skincare options, as well as potential job opportunities as the company strengthens its team with strategic hires.

Summary

Three Ships Beauty, an award-winning skincare brand, has raised $2.5 million in funding to expand in the US market, invest in brand and growth marketing, and strengthen the team. The funding comes from BDC’s Thrive Venture Fund. Co-founders, Connie Lo and Laura Burget, express excitement over the opportunity to reach more customers and build awareness around their natural, effective skincare products. The brand has achieved significant growth and recognition in the North American market, with a commitment to transparency and sustainability.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Award-winning Three Ships Beauty Raises $2.5 Million to Expand in US Market

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