Three Ships Beauty, a natural skincare brand secures USD$2.5M in funding. The round was led by BDC Capital’s new Thrive Venture Fund with participation from strategic angel investors.
In order to continue increasing retail and e-commerce growth, the firm plans to use the money to expand deeper into the US market, invest in growth and brand marketing, and bolster the team with key recruits.
Read also – [Funding News] CA-based Attovia Therapeutics Secures $105Million in Series B Round Funding
Three Ships Beauty is a skincare line founded by Connie Lo and Laura Burget. The products are made entirely of recyclable materials, use components taken from plants that have been supported by research, and have no chemicals or fillers. Products like the Dew Drops Serum and the Skin Hero Bio-Retinol Serum are available.
Connie Lo, co-founder of Three Ships Beauty said, “This is huge for Three Ships and we’re just so excited Thanks to this funding from Thrive, we can expand our market reach and build more awareness around the products people already love. And with the right team in place, there’s no limit to what we can achieve together.”
Laura Burget, co-founder of Three Ships Beauty said, “We’re so grateful for investors like BDC’s Thrive Venture Fund who not only believe in our mission but share our values, We have great products that really work, and our customers love them. Now we can grow that awareness and make natural, effective skincare accessible to more people.”
Mona Minhas, Partner, Thrive Venture Fund said, “It has been truly remarkable to witness Three Ships Beauty’s impressive growth, expanding customer traction and recognition in the North American market, The company’s evolution to date, coupled with their steadfast commitment to improving transparency and sustainability in the skincare industry, fills us with anticipation for their next exciting phase of growth.”
About three ships beauty
Connie Lo and Laura Burget founded Three Ships Beauty, which has grown into a successful, natural, sustainable skincare line with an emphasis on openness and revolutionising the clean beauty industry.
From farm to store, every product is made entirely of recyclable packaging, contains substances sourced from plants with scientific backing, and contains neither chemicals nor fillers. Three Ships claims to provide simple skincare products supported by actual science and natural ingredients that are healthier for the environment and your skin.
