Thrive Causemetics

Thrive Causemetics

Luxury cosmetics with philanthropic mission

About

Thrive Causemetics specializes in high-performance luxury cosmetics, offering a wide range of products such as mascaras, eyeliners, eyeshadows, and lip products. Their products are designed to meet the needs of beauty enthusiasts and socially conscious consumers. Each purchase contributes to their philanthropic mission, where they donate to empower women and support charitable organizations, having donated over $25 million in 2022 alone. Unlike many competitors, Thrive Causemetics combines product sales with a strong commitment to social impact, making it more than just a beauty brand. Their goal is to create a movement that not only provides quality cosmetics but also helps communities thrive.

Company Stage

Series A

Employees

51-200

Industries

Social Impact, Consumer Goods

Total Funding

$14.8M

Headquarters

Seattle, Washington

Founded

2013


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Simplify's Take

What believers are saying

  • Increased interest in vegan products boosts Thrive Causemetics' market appeal.
  • Social media platforms like TikTok enhance Thrive Causemetics' marketing reach.
  • The shift to e-commerce aligns with Thrive Causemetics' direct-to-consumer sales model.

What critics are saying

  • Emerging brands with similar missions could dilute Thrive Causemetics' market position.
  • Consumer skepticism towards 'greenwashing' may scrutinize Thrive Causemetics' philanthropic claims.
  • Supply chain disruptions could affect Thrive Causemetics' product availability and launches.

What makes Thrive Causemetics unique

  • Thrive Causemetics combines luxury cosmetics with a strong philanthropic mission.
  • The company donates for every product purchased, supporting women and charitable organizations.
  • Their direct-to-consumer model enhances customer loyalty through programs and free samples.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-18%

2 year growth

-10%

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