TThree Ships Beauty is a direct-to-consumer indie skincare brand that offers affordable, all-natural products that are vegan and cruelty-free. Its range includes cleansers, masks, and serums designed for diverse skin types (acne-prone, oily, dry, and sensitive) with transparent ingredient lists. The brand emphasizes openness about formulations and prices, encouraging customers to scrutinize what they use. Its approach centers on online sales with bundled kits and merchandise, plus free shipping on orders over a certain amount. Unlike larger brands, Three Ships Beauty focuses on straightforward, accessible skincare with clear ingredient information and a transparent pricing model.
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Industries
Company Size
11-50
Company Stage
Seed
Total Funding
$4.6M
Headquarters
Toronto, Canada
Founded
2017
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Total Funding
$4.6M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Three Ships Beauty, a leading Canadian natural skincare brand known for its transparency, sustainability, and effectiveness, has successfully raised $3.5 million CAD in a financing round led by BDC Capital's Thrive Venture Fund, alongside strategic angel investors.
Three Ships Beauty, an AAPI-owned skincare brand, has raised $2.5M USD in a funding round led by BDC Capital's Thrive Venture Fund, with additional support from angel investors. The Toronto-based company plans to use the funds to expand in the US, enhance marketing efforts, and make strategic hires to boost retail and e-commerce growth. Co-founders Connie Lo and Laura Burget expressed excitement about expanding market reach and continuing to offer natural, effective skincare products.
Three Ships Beauty has secured $2.5M in funding led by Thrive Venture Fund to expand its U.S. presence and enhance marketing efforts. This investment brings its total funding to $4.4M and values the company at $20M post-money. The Toronto-based natural skincare brand achieved profitability in 2023 and forecasts a 65% sales increase this year. Thrive Venture Fund, a previous investor, contributed $360k in 2022.
Canadian skincare brand Three Ships Beauty has secured a $3.5 million CAD financing round.
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We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
11-50
Company Stage
Seed
Total Funding
$4.6M
Headquarters
Toronto, Canada
Founded
2017
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Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs