Following Years Of Record Growth, Il Makiage Receives $130 Million Investment At $1.5 Billion Valuation

Jan 10, 2022•almost 4 years ago

Amount Raised

$130 Million

Description

ODDITY, parent company to IL MAKIAGE, today announced the closing of a $130 million private round that values the company at $1.5 billion. The investment was led by Thomas Tull, Franklin Templeton, Fidelity Management & Research Company LLC and First Light Capital Group with participation from additional growth equity investors.

Company Information

Company

Il Makiage

About

Launched in the US in 2018 by brother-sister duo entrepreneurs, IL MAKIAGE is a New York based, tech-driven prestige DTC beauty company. IL MAKIAGE is defining and building the future of beauty by using proprietary technology to connect people with superior, painstakingly tested, beauty products. Following the company’s major success as the fastest-growing online beauty brand in the US, IL MAKIAGE continues to shift millions of customers from offline to online and it recently expanded to the UK, Canada, Germany and Australia. IL MAKIAGE is backed by L Catterton, the leading consumer-focused private equity company in the world. For more information, visit www.ilmakiage.com.

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

Following Years Of Record Growth, Il Makiage Receives $130 Million Investment At $1.5 Billion Valuation

Description

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Company Information