Company News, Financial News

Topicals Announces $10 Million in Funding

Fast-growing skincare brand also announces new accelerator program for nonprofits in the mental health space.

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By: Christine Esposito

Editor-in-Chief

Fast-growing skin care brand Topicals, founded in 2020 by Olamide Olowe, announced $10 million in new financing led by CAVU Consumer Partners. The funding, which comes on the heels of the brand’s 3X revenue growth in 2021, will be used to further propel the brand's omnichannel growth, drive new hires, support channel expansion and fuel brand marketing awareness. Topicals says it is the fastest growing skincare brand at Sephora and has sold one product every minute this year. ...

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