Topicals Raises $10M in Series A Funding

Olamide Olowe, Founder & CEO of Topicals
Olamide Olowe, Founder & CEO of Topicals

Topicals, a Los Angeles, CA-based skincare company, raised $10M in Series A funding.

The round was led by CAVU Consumer Partners with participation from Gabrielle Union, Kelly Rowland, Hannah Bronfman, Bozoma Saint John, Yvonne Orji, and Marcy Venture Partners. Jenna Jackson, Principal of Growth at CAVU Consumer Partners, will also join Topicals’ Board of Directors.

The company intends to use the funds to further accelerate its omnichannel growth, its recruitment efforts, channel expansion, and brand marketing awareness.

Led by Olamide Olowe, Founder & CEO, Topicals is a skincare company advancing science-backed products made with ingredients and herbals that have been proven via third-party, peer reviewed clinical studies.

The company is also launching a 12-month accelerator program designed to provide nonprofits in the mental health space with leadership training, mentorship, and business advisory.