In an exciting development, FounderSix, the visionary beauty brand incubator co-founded by Oli Goulden and Pieter Wittgen, has secured a substantial $12 million investment from KD Capital, a prominent venture capital firm.
This significant investment is poised to turbocharge FounderSix’s growth and empower the introduction of a diverse range of beauty brands that thrive on the influence of well-known personalities.
This noteworthy announcement comes on the heels of FounderSix’s triumphant launch of its third brand, Ravie Beauty. A dynamic collaboration with the popular YouTuber, Allie Glines, Ravie Beauty achieved a remarkable feat – it reached a year’s worth of projected sales in just the first thirty minutes of its launch. Alongside Ravie Beauty, FounderSix proudly supports Anablue, a haircare brand co-founded with Lauren Perez, and Ary World, a makeup line created in partnership with TikTok sensation Alex Renee.
FounderSix stands out by offering unwavering support to influencers who aspire to carve a niche in the beauty brand sector. In addition to providing the initial capital for their existing and future portfolio companies, FounderSix takes full charge of all aspects of brand operations.
At the heart of their business model lies a relentless commitment to product development. Their team members bring extensive experience from working with industry giants like L’Oréal, Shiseido, Unilever, and Johnson & Johnson. Moreover, the company has cultivated strong partnerships with world-class manufacturing facilities located in various regions, including South Korea, Italy, and the United States.
Lewis Cheng, Managing Partner of KD Capital, voiced his confidence in this investment, stating, «Our investment in FounderSix underscores our trust in Oli and Pieter’s leadership. Their core principle of investing in people, not just ideas, deeply resonates with us. Both possess a remarkable ability to create exciting new brands from the ground up, and their proven track record has us genuinely excited to support their vision for the future.»
