Tatcha, a luxury skincare brand, received a minority investment from Castanea Partners.
The financial terms of the deal were not disclosed. In conjunction with the funding, Castanea’s Janet Gurwitch and Steve Berg will be joining Tatcha’s board of directors. In conjunction with the funding, Steve Berg, a Managing Partner at Castanea, and Janet Gurwitch, Operating Partner at Castanea, and former founder and CEO of Laura Mercier, will be joining Tatcha’s board of directors.
The company intends to use the funds to continue to expand operations.
Founded by Victoria Tsai and Brad Murray in 2009, Tatcha is luxury skincare brand with a collection of products inspired by timeless Japanese beauty rituals.
The company offers a line of serums, moisturizers, mists, exfoliants, and cleansers distributed through the website, Sephora North America, QVC, and other domestic and international wholesale and specialty retail stores.