San Mateo, CA – According to filings with the U.S. Securities and Exchange Commission, Personalized Beauty Discovery dba IPSY is raising $133,983,121.00 in new funding. Sources indicate as part of senior management President, Fernando Madeira played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Personalized Beauty Discovery dba IPSY
IPSY, the largest beauty subscription in the world, has more than 3 million active members, and has shipped over 1 billion products to date. IPSY delivers customized Glam Bags leveraging IPSY Match, a proprietary technology that analyzes hundreds of attributes to delight each member with personalized beauty products perfect for their lifestyle. Founded in 2011 with the mission of inspiring individuals around the world to express their unique beauty, we strive to make beauty more inclusive and welcoming to all. With an avid community over 25 million strong, 180 million product reviews, and more than 150 million monthly social impressions, IPSY is the ultimate beauty discovery platform. IPSY is headquartered in the Bay Area with offices in New York City and Los Angeles. IPSY is headquartered in the Bay Area with offices in New York City and Los Angeles. The company achieved profitability in its first year and raised a series B round of $100M with Sherpa Capital and TPG in 2015. We owe all of our success to our inspiring, energizing employees who make exceptional things happen every single day. And we have great fun doing it together.

To learn more about Personalized Beauty Discovery dba IPSY, visit http://www.ipsy.com/

Contact:
Fernando Madeira, President
415-939-9622
fernando@ipsy.com
https://www.linkedin.com/in/fernandomadeira/

SOURCE: http://www.intelligence360.io
Copyright (c) 2021 SI360 Inc. All rights reserved