Glossier, Inc., a NYC-based beauty company, raised $100m in Series D funding.
The round was led by Sequoia Capital with participation from Tiger Global Management, Spark Capital, and existing investors Forerunner Ventures, Thrive Capital, IVP, and Index Ventures.
The company intends to use the funds to continue to expand operations and its business reach.
Founded in 2014 by Emily Weiss, CEO, Glossier is a direct to consumer business offering beauty and skincare essentials. The company now has more than 200 employees across three offices, and operates in the United States, Canada, the United Kingdom, the Republic of Ireland, France, Denmark, and Sweden.
Earlier this month, Glossier launched a second brand, Glossier Play, as part of a broader strategy to grow by offering more choices to its diverse community.
The company, whose annual revenue more than doubled in 2018 and surpassed $100 million, also announced that technology industry veteran Vanessa Wittman will be joining as its Chief Financial Officer.
Edith Chen and Nick DeAngelo also recently joined as Vice President of Supply Chain Operations and Vice President of Operations, respectively.