Company News, Financial News

Il Makiage Receives $130 million Investment at $1.5 Billion Valuation

The tech-driven beauty brand surpassed $260 million in revenue for 2021.

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By: Lianna Albrizio

Associate Editor

Oddity, the parent company to Il Makiage, today announced the closing of a $130 million private round that values the company at $1.5 billion.    The investment was led by Thomas Tull, Franklin Templeton, Fidelity Management & Research Company LLC and First Light Capital Group with participation from additional growth equity investors.   “Our existing technology and roadmap are unlocking immense growth opportunities in the beauty and wellness industries and enabled us to dri...

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