Company News, Financial News

AAPI-Owned Three Ships Beauty Raises $2.5 Million

The award-winning Canadian skincare brand will use the additional funding to further expand in the US market.

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By: Lianna Albrizio

Associate Editor

Canadian skincare brand Three Ships Beauty – cofounded by Forbes 30 Under 30 alum Connie Lo and Laura Burget – has raised a $2.5 million financing round led by BDC Capital's new Thrive Venture Fund, with participation from strategic angel investors.   Last year, Three Ships expanded its distribution to Whole Foods locations across North America and achieved profitability with 65% growth in total revenue. This year, it unveiled First Light Vitamin C + Caffeine Eye Cream – one of its ...

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