Company News, Financial News

Addison Rae’s Item Beauty, Ipsy and BoxyCharm Parent Raises $96 Million

Beauty for All Industries plans to use the money to develop technology, expand retail distribution and grow internationally.

Author Image

By: TOM BRANNA

Editor

Influencer and  Cosmetics Entrepreneur Addison Rae received even more financial backing from private equity. The parent company of Ipsy and Addison Rae's Item Beauty, raised $96 million in a round led by TPG Growth. Beauty for All Industries owns beauty subscription services Ipsy and BoxyCharm, as well as Addison Rae’s Item Beauty, Becky G’s Treslúce Beauty, Complex Culture and Refreshments. Beauty for All Industries said it plans to use the money to develop its technology platform, e...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters