Glossier Raises $80M in Series E Funding
- Glossier Inc., a NYC-based digital-first beauty company, raised $80m in Series E funding
- The round was led by Lone Pine Capital with participation from existing investors Forerunner Ventures, Index Ventures, IVP, Sequoia Capital, and Thrive Capital
- The company intends to use the funds to continue to scale its online and offline channels globally
- The company is a direct to consumer personal beauty business offering 39 products modern essentials spanning skincare, makeup, body and fragrance priced between $12 and $60
- The company has more than 5 million customers globally
- The company announced that it would reopen its owned retail channel, starting with three all-new, permanent stores in Seattle, Los Angeles and London later this year
