Glossier’s $52 Million Series C Funding Round


Goodwin advised Glossier in the deal

Today, Glossier Inc., the community-driven, direct-to-consumer beauty company, announces a $52 million Series C fundraise, bringing its total funding to $86 million. This round was led by existing investors IVP and Index Ventures.

Glossier is best known for its proprietary portfolio of top-rated products across the skincare, makeup, body, and fragrance categories. Launched in 2014, the company’s inclusive, customer-centric approach to brand-building has made it a leader in the rapidly evolving global beauty industry—expected to grow from $433 billion today to $750 billion by 2024.

In 2017, Glossier expanded into two new countries and two new product categories. The company also opened offices in London and Montreal, after acquiring the Canadian tech agency, Dynamo. Customers can shop the full range of products directly through its website and at the company’s New York showroom. Glossier currently ships to the United States, Canada, and the United Kingdom.

The Goodwin team was led by partner Daniel Lang (Picture) and included associates Andrew Pusar, Tobias Schad and Jordan Panter.

Involved fees earner: Daniel Lang – Goodwin Procter; Andrew Pusar – Goodwin Procter; Tobias Schad – Goodwin Procter; Jordan Panter – Goodwin Procter;

Law Firms: Goodwin Procter;

Clients: Glossier Inc.;

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Author: Ambrogio Visconti