MyGlamm
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$6.0m | Series A | ||
$5.3m | Early VC | ||
$14.5m Valuation: $58.0m | Series B | ||
* | $1.8m | Late VC | |
$4.3m | Series B | ||
$24.1m Valuation: $100m | Series C | ||
N/A | Angel | ||
$47.7m Valuation: $300m | Series C | ||
$34.5m Valuation: $300m | Series C | ||
N/A | Merger | ||
N/A | Debt | ||
$150m Valuation: $1.2b | Series D | ||
* | $30.0m Valuation: $1.3b | Growth Equity VC | |
Total Funding | CAD434m |
Recent News about MyGlamm
EditMyGlamm is an innovative startup operating in the beauty and cosmetics industry. The company primarily serves beauty enthusiasts and makeup users, offering a wide range of international beauty products and cosmetic items through its online platform, myglamm.com. MyGlamm's product portfolio includes makeup for lips, face, eyes, and nails, featuring items like lipsticks, foundations, eyeliners, and more. The company also collaborates with renowned designers like Manish Malhotra to offer exclusive beauty products.
MyGlamm operates in the highly competitive beauty and cosmetics market, targeting primarily young, tech-savvy consumers who prefer online shopping for their beauty needs. The company leverages social media platforms like Instagram to engage with its audience, encouraging users to upload their makeup looks for a chance to be featured, thereby creating a community-driven marketing approach.
The business model of MyGlamm is primarily direct-to-consumer (D2C), meaning it sells its products directly to customers through its website. This model allows MyGlamm to maintain control over the customer experience and build a loyal customer base. Revenue is generated through the sale of beauty and cosmetic products. Additionally, the company offers promotional deals and discounts, such as their popular "Re1" offers, to attract and retain customers.
MyGlamm differentiates itself by offering high-quality products enriched with beneficial ingredients like Moringa Oil, Castor Oil, and Vitamin E, which cater to the growing consumer demand for nourishing and long-lasting makeup. The company also provides educational content through its blog, helping users make informed decisions about their beauty routines.
In summary, MyGlamm is a dynamic player in the beauty and cosmetics market, focusing on high-quality products, direct consumer engagement, and innovative marketing strategies to drive growth and customer loyalty.
Keywords: beauty, cosmetics, online shopping, makeup, skincare, D2C, social media, Manish Malhotra, nourishing ingredients, promotions.