Clean beauty is now a $1 billion business. Just ask Beautycounter

Read the full story at Fast Company.

There’s a lot of money to be made in nontoxic makeup.

Beautycounter, the startup known for its clean formulations, just hit unicorn status. The startup received an undisclosed investment from the Carlyle Group, raising its valuation to $1 billion. The investment gives the firm a majority stake in Beautycounter and is designed to fuel the company’s growth, including an expansion beyond North America. But it’s also a testament to how mainstream—and lucrative—the clean beauty sector has become.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: