Harry's

Harry's

Consumer packaged goods focusing on shaving products

About Harry's

Simplify's Rating
Why Harry's is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Consulting

Consumer Goods

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$461.7M

Headquarters

New York City, New York

Founded

2013

Overview

Harry's Inc. focuses on creating consumer packaged goods, starting with shaving products and expanding into other categories like personal care. Their products are designed to meet specific consumer needs, ensuring quality and satisfaction. The company operates through direct-to-consumer sales and retail partnerships, making their products accessible to a wide audience in the U.S., U.K., and Germany. What sets Harry's apart from competitors is their commitment to social responsibility, dedicating 1% of sales to support nonprofit initiatives. Their goal is to foster customer loyalty and community impact while maintaining a diverse and talented team that drives innovation and inclusion in their operations.

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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

$461.7M

Above

Industry Average

Funded Over

6 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Medical, dental, and vision coverage

Wellness reimbursement and incentives

401(k) matching

Flexible spending accounts

Flexible PTO policy

Parental leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

0%
PYMNTS
Mar 8th, 2024
Report: Cpg Company Harry’S Prepares To Launch Ipo

Consumer packaged goods company Harry’s Inc. reportedly confidentially filed for an initial public offering. The firm, which started with men’s grooming products in 2013 and now has five CPG brands, is working with investment banks and preparing to go public in New York, Reuters reported Friday (March 8), citing unnamed sources. Harry’s Inc. did not immediately reply to PYMNTS’ request for comment

PYMNTS
Mar 7th, 2024
Costco's Digital Gold Rush Drives eCommerce Gains

Consumer packaged goods company Harry's Inc. reportedly confidentially filed for an initial public offering.

The Industry Beauty
Oct 10th, 2023
Harry's launches free therapy initiative with BetterHelp

Men's personal care brand Harry's has partnered with mental health platform BetterHelp to provide free therapy for all.

United Headlines
Aug 12th, 2023
Ben Shapiro, Matt Walsh Torch 'Woke' Razor Brand

Harry's Razors stated it partnered with the Trevor Project because the proceeds would help to revamp a "crisis counselor training program" The video was part of a June 2022 promotional campaign.

BizPac Review
Aug 7th, 2023
‘It’s Harry’s turn’: Harry’s Razors features trans ‘man’ with double mastectomy scars in ad

Harry’s says it has partnered with the Trevor Project because its contributions “will be used to revamp and modernize their crisis counselor training program.”

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