Overview

Harry's Inc. focuses on creating consumer packaged goods, starting with shaving products and expanding into other categories like personal care with brands such as Flamingo and Lume. Their products are designed to meet the needs of consumers, and they sell directly to customers as well as through retail partnerships. What sets Harry's apart from competitors is their commitment to social responsibility, donating 1% of sales to nonprofit organizations. The company employs a diverse team with expertise in various fields, which helps drive their growth and innovation. Harry's goal is to provide high-quality products while making a positive impact on communities.

Simplify's Take

What believers are saying

• Subscription models in CPG are growing, benefiting Harry's subscription services.
• Eco-friendly grooming products trend offers expansion opportunities for Harry's.
• Mental health awareness aligns with Harry's BetterHelp partnership, boosting brand loyalty.

What critics are saying

• Conservative backlash over Trevor Project partnership may affect brand perception.
• IPO filing could increase scrutiny and pressure from investors.
• Lume acquisition may face integration challenges affecting company performance.

What makes Harry's unique

• Harry's designs and manufactures its own line of razors and blades.
• The company offers both a-la-carte and subscription models for its products.
• Harry's operates Harry's Labs for mergers and acquisitions to drive innovation.

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Funding

Total Funding

$1844.6M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:

Tiger GlobalSV AngelBoxGroup

Notable Investors:

Tiger GlobalSV AngelBoxGroup

$1,370,000,000

Acquisition

May 2019

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Acquisition Funding Comparison

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