Kopari Beauty, a San Diego, CA-based premium coconut-powered lifestyle brand, closed a $20m funding round.
– the Growth Fund of L Catterton,
– Unilever Ventures,
– University Growth Fund,
– among other investors.
The company intends to use the funds to:
– enhance its commitment to product research and development that utilizes its hero ingredient, coconut, to its most elevated capacity,
– fuel its retail and international expansion,
– improve e-commerce for UX/UI and the brand’s subscription platform.
Launched in 2015 as a direct-to-consumer brand, Kopari was founded by Hawaiian-born naturalist and certified-organic chef Kiana Cabell, third-generation beauty experts and industry veterans Bryce and Gigi Goldman, and health entrepreneur and Suja Juice co-founder James Brennan, Kopari Beauty is a coconut-powered lifestyle-beauty brand which combines superfood oil with high-performance ingredients to create natural-born luxury for skin and healthy hair. Sustainably manufactured in Southern California, Kopari sources pure, nutrient-rich coconut oil from small family farms in the Philippines. Its small-batch coconuts are handpicked at peak quality, never exposed to extreme temperatures and cold-pressed.
The products are available for purchase across the United States, Canada, Southeast Asia and Australia in retailers such as Sephora, Ulta, Nordstrom, Urban Outfitters, Riley Rose, Bloomingdale’s, and Anthropologie, as well as online at KopariBeauty.com, Amazon, and Revolve.