Award-Winning Beauty Company Tlb Raises $6.7 Million To Expand Inclusive Beauty Brands
Amount Raised
$6.7 Million
Round Type
Grant
DetroitCommerce and ShoppingDescription
Award-winning beauty company The Lip Bar Inc. announced today that it has raised an oversubscribed $6.7M fundraising round to further grow its house of brands including The Lip Bar, the 10-year-old innovative vegan, cruelty free and non-toxic beauty brand, and thread beauty, the newly launched, bold, gender-neutral, Gen Z-focused, BIPOC beauty brand that is proving to be a breath of fresh air in the industry.
Quick answer
LIP BAR raised $6.7 Million in a Grant round, dated October 3, 2022. LIP BAR is based in Detroit, Michigan, United States.
- How much did LIP BAR raise?
- LIP BAR raised $6.7 Million in a Grant round on October 3, 2022.
- What does LIP BAR do?
- The Lip Bar is a vegan and cruelty-free beauty brand that exists to help change the way you think about beauty.
- Where is LIP BAR based and how big is it?
- LIP BAR is based in Detroit, Michigan, United States.
Source: Fundz verified event record.
Who else raised in Commerce and Shopping around the same time
Companies in the same sectors as LIP BAR that raised within 45 days of this round, from Fundz verified event records.
- Ernesta raised $25M on November 17, 2022.
- Bed Bath & Beyond raised $41M on November 16, 2022.
- Bed Bath & Beyond raised $10M on November 14, 2022.
- Topicals raised $10M (Series A) on November 10, 2022.
- Something Better Foods raised $480K (Seed) on November 10, 2022.
- SPECIAL FRUITS ARRANGEMENTS DC raised $145K (Pre-Seed) on November 10, 2022.
Who to call at LIP BAR, and when
A new round usually means LIP BAR is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day LIP BAR raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at LIP BAR, from your own LinkedIn network
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Fundz sees it the moment LIP BAR raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
LIP BAR raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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