Glossier is reportedly fundraising again, aiming to raise $ 100 million with a Valuation “South of a Billion Dollars,” According to puck,
Glossier, Still One of the More Popular Beauty Brands, was last valied at $ 1.8 billion nearly four years ago but has struggled with profitability and scale there past few year. Glossier did not immediatily respond to our request for comment.
Sources who spoke to puck stressed that glossier doesn’t Necessarily need the money, but had a desire for new consumer-oriented investors and a refreshed board. That, and the direct-to-consumer market is much different than what it struruck it is valuation all thes years ago, back when investors were still throwing money at the walls.
Right now, Investors in the Brand Include Eoverone from Forerunner to Sequoia, Thrive, and Index, PER PUCK and Patchbook.