Fundz

Kenya’s Uncover Raises $1M To Expand Skincare Product Enterprise Across Africa

PRIVATEDec 02, 2022

Amount Raised

$1 Million

Round Type

Seed

NairobiHealth CareE CommerceFashionBeautyLifestyleCosmetics

Investors

Samata Capital

Description

Africa’s beauty and personal care market is growing accelerated by its growing young and fashion conscious population, increasing spending power, and urbanization. The market’s potential has in recent years attracted major brands, with Fenty Beauty by Rihanna and LVMH being the latest entrants.

Quick answer

Uncover raised $1 Million in a Seed round, dated December 2, 2022. Investors: Samata Capital. Uncover is based in Nairobi, Nairobi County, Kenya.

How much did Uncover raise?
Uncover raised $1 Million in a Seed round on December 2, 2022.
Who invested in Uncover?
Samata Capital is named as investors in this round.
What does Uncover do?
UNCOVER is revolutionizing self-care in Africa as a leading skincare company, dedicated to empowering women through innovative products and educational content.
Where is Uncover based and how big is it?
Uncover is based in Nairobi, Nairobi County, Kenya. Fundz records about 51 employees.
Who are the decision-makers at Uncover?
Fundz holds 1 contact at Uncover. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Fashion around the same time

Companies in the same sectors as Uncover that raised within 45 days of this round, from Fundz verified event records.

  • Peace Out Skincare raised $20M on November 7, 2022.
  • SUMMER INTERNATIONAL raised an undisclosed amount (Seed) on November 18, 2022.
  • Topicals raised $10M (Series A) on November 10, 2022.
  • Topicals raised $10M on October 24, 2022.
  • Neptune Wellness Solutions raised an undisclosed amount (Debt Financing) on January 13, 2023.
  • The Ayurveda Experience raised $6M (Funding Round) on December 20, 2022.

Who to call at Uncover, and when

A new round usually means Uncover is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Uncover raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Uncover, from your own LinkedIn network

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Company Information

Company

Uncover

Location

Nairobi, Nairobi County, Kenya

About

UNCOVER is revolutionizing self-care in Africa as a leading skincare company, dedicated to empowering women through innovative products and educational content. At UNCOVER, we're driven by a data-centric approach to tap into the vast potential of the African self-care market. Our commitment to excellence is evident in our collaboration with top skincare labs in Korea, known for pioneering innovation. Our mission at UNCOVER is to inspire, support, and educate women on their journey to optimal health and well-being. Join us as we redefine self-care and become the trusted choice in skincare across Africa

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Uncover 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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