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Clean Skin Club Closes $32M Investment Round Led by Astō Consumer Partners with Co-Investment from AmberstoneNew Capital to Fuel Retail Growth and Product Innovation for Category-Defining Skincare Brand

Clean Skin Club Closes $32M Investment Round Led by Astō Consumer Partners with Co-Investment from AmberstoneNew Capital to Fuel Retail Growth and Product Innovation for Category-Defining Skincare Brand

November 26, 2024 Craig Etkin

November 21, 2024 08:00 AM Eastern Standard Time
AUSTIN, Texas–(BUSINESS WIRE)–Clean Skin Club, a first-of-its-kind brand at the intersection of skincare and hygiene, announces today the closing of its investment round led by premier investors Astō Consumer Partners and Amberstone. Funds will be allocated toward expansion into brick-and-mortar retail channels, new product development and investment in best-in-class talent.

“Clean Skin Club is ushering in a new era of skincare through reimagining the category and delivering straightforward, science-backed solutions that truly work”

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“Clean Skin Club is ushering in a new era of skincare through reimagining the category and delivering straightforward, science-backed solutions that truly work,” said Clayton Christopher, Co-Founder of Astō Consumer Partners. “The disruptive brand has amassed a cult-following, ranking as a best-seller on Amazon and breaking through the large, high growth skincare market. We are inspired by the team’s vision for skincare hygiene and are honored to partner with them in this next stage of growth.”

Founded in 2019, Clean Skin Club was launched in response to dissatisfaction with products on the market that made promises they could not keep. The company realized that skin health could start with something as simple as the towel you use every day. With that, the direct-to-consumer brand launched their flagship Clean Towels XL, marking the first dermatologist-approved, single-use and 100% USDA bio-based facial towel on the market. Clean Skin Club has been clinically shown to improve overall skin health while reducing oiliness, redness and skin sensitivity. The category-defining brand has experienced 150% year-over-year growth, culminating most recently in the company’s entry into brick-and-mortar with their launch into Target stores in September.

“Witnessing the explosive growth and viral reception of our product line-up has been incredibly rewarding,” said Ben-David Imberman, CEO and Co-Founder of Clean Skin Club. “As we further expand into retail and diversify our product portfolio, we are honored to find trusted investment partners that share our unwavering commitment to rigorous testing, clinical validation, and an unyielding pursuit of excellence. With the support of Astō and Amberstone, and their extensive experience with successfully shepherding digitally native businesses into retail, we are excited to reach even more customers.”

For more information about Clean Skin Club and their hygiene collection, please visit www.cleanskinclub.com.

About Clean Skin Club

Clean Skin Club launched in January 2019 with a mission to revolutionize skincare hygiene by introducing smarter, simpler solutions that tackle skin concerns. We are particularly proud of our hygiene line, especially our towels, which set a new standard in skincare with their purity, effectiveness, and ease of use. Each product in this line is thoughtfully crafted to enhance skin health while simplifying routines—using natural, vegan, and cruelty-free materials, and designed with sustainability in mind to minimize environmental impact without ever compromising on quality.

We are committed to transforming the way you care for your skin by providing innovative products that prioritize both effectiveness and sustainability. From sourcing eco-friendly materials to reducing waste in production, we strive to minimize our environmental impact while delivering exceptional quality. As we continue to grow, we remain dedicated to innovation, sustainability, and care, pouring the same passion into each product to create solutions that are smarter for your skin and kinder to the planet.

Contacts
Rebecca McGlynn
818-219-0861
rmcglynn@konnectagency.com

(c)2024 Business Wire, Inc., All rights reserved.


Venture Capital
Austin, Business Wire, Clean Skin Club, Texas, Venture Capital

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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