Cornerstone Raises Further £3.5M in Funding

Cornerstone, a London, UK-based men’s shaving supplier, completed a £3.5m round of funding.

The round – which brought total raised since launch in 2014 to £8m – was led by private equity firm Calculus Capital, which joined angel investors Andy Oldham, Will Hobhouse, Nick Wheeler and Joe Middleton.

Launched by Oliver Bridge in June 2014, Cornerstone provides British skin care products and German engineered razors to 140,000 customers around the UK via an online subscription service.

The company intends to use the funds to broaden its range of products across the remainder of 2017, moving into new toiletries categories such as shampoo and dental care.

In addition to the funding, e-commerce veteran William Reeve (previously on the boards of Graze, Lovefilm, Zoopla & Paddy Power) joined the Cornerstone top team.



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