Ilia Beauty Raises Series B Funding

Ilia Beauty, a Laguna Beach, Calif.-based prestige line of clean color cosmetics, raised a Series B funding round of undisclosed amount.

The round was led by Sandbridge Capital with participation from Silas Capital.

The company intends to use the funds to continue to expand operations and invest in R&D.

Led by Sasha Plavsic, Founder and Creative Director, and Lynda Berkowitz, CEO, Ilia offers an assortment of more than 100 clean, skin-centric makeup products crafted with certified organic ingredients and non-toxic synthetics. The brand also ensures that its products are manufactured ethically and sustainably, including the use of recycled aluminum and post-consumer recycled paper printed with vegetable-based dyes. The company currently sells through more than 600 doors across 30 countries around the world, including prominent retailers such as Credo, Space NK, The Detox Market, Follain, Bluemercury, Oh My Cream, Mecca and Sephora.

FinSMEs

13/01/2020

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