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Will launch additional influencer-led beauty brands.
October 26, 2023
By: Lianna Albrizio
Associate Editor
KD Capital, a venture capital firm, has made a $12 million investment in beauty brand incubator FounderSix. The funding will enable the company to extend its model and introduce new influencer-led beauty brands to the market. The news follows a third successful FounderSix brand launch. Ravie Beauty, a new makeup company created with YouTuber Allie Glines, achieved one year of projected sales in the first thirty minutes of going live. This result shows the potential of the FounderSix bu...
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