FashionCrown Affair Closes $9 Million Series B Round

Crown Affair Closes $9 Million Series B Round

-

spot_img

[ad_1]

Prestige hair line Crown Affair, known for its emphasis on air-drying hair and natural styling techniques, has secured $9 million in Series B funding led by investment firm True Beauty Ventures.

This marks the four-year-old label’s fourth investment from True Beauty Ventures, which also led its $5 million Series A round in 2022. The funding will be applied to power Crown Affair’s Sephora expansion and marketing and make new hires as it scales.

In a statement, Crown Affair founder and chief executive Dianna Cohen called the new funding round an “inflection point” for the brand. True Beauty Ventures co-founder Rich Gersten stated the investment will “continue to support their upward trajectory.”

The round is True Beauty Ventures’ latest bet on the hair care space after its successful investment in the premium clinical line K18, which was acquired by Unilever in 2023. The firm’s portfolio also includes cosmetics makers Caliray and Ami Colé, and skincare brands Vacation, Dieux Skin and Sofie Pavitt Face.

Learn more:

How Brands Make Community More Than a Buzzword

A growing number of brands, particularly in beauty, are including loyal customers in the product development process and offering ways for fans to directly benefit from their growth.

[ad_2]

Source link

Latest news

From Surplus to Deficit: How Calories a Day Drive Weight Loss

Achieving weight loss is often seen as a complex process, with a multitude of factors influencing the outcome. However,...

Hyper Ketosis Diet Meal Plan for Rapid Fat Loss

Understanding the Hyper Ketosis Diet The Hyper Ketosis Diet is an advanced form of the ketogenic diet designed to push...

The Top 3 DedicatedCore Mistakes (And How to Fix Them)

Understanding the Importance of DedicatedCore Training DedicatedCore training is essential for developing strength, stability, and overall body control. A well-trained...

Comparing Breast Augmentation Surgery Costs: Surgeon vs. Location

Breast augmentation surgery is one of the most popular cosmetic procedures worldwide, offering individuals the opportunity to enhance their...
spot_img

All Deals Travel: Unlocking the Best Popular Car Rentals in Cartagena, Colombia

Cartagena, Colombia, is a vibrant coastal city known for its colonial charm, stunning beaches, and lively culture. Whether you're...

Why Work Gloves Are Essential for Hand Protection

When it comes to workplace safety, one of the most critical areas that often gets overlooked is hand protection....

Must read

From Surplus to Deficit: How Calories a Day Drive Weight Loss

Achieving weight loss is often seen as a complex...

Hyper Ketosis Diet Meal Plan for Rapid Fat Loss

Understanding the Hyper Ketosis Diet The Hyper Ketosis Diet is...
spot_img

You might also likeRELATED
Recommended to you