Three Ships

Three Ships

Invests in digital distribution businesses

Overview

Three Ships focuses on growth equity investments in digital distribution of products and services, especially for the home and financial markets. It oversees a portfolio of 19 brands and serves more than 46 million consumers each month, aiming to connect people with the best products across health and wellness to help informed purchasing and sustainable outcomes. The business works by identifying opportunities, launching new ventures, building strong leadership teams, and scaling these ventures to market-leading positions. Revenue comes from digital distribution of products and services, leveraging expertise to create high-growth, healthy businesses. The approach centers on building leaders, scaling teams, and creating results-driven cultures to empower team members and unlock potential. Three Ships’ goal is to develop the next generation of market-leading digital distribution businesses, expanding its influence while delivering sustainable, smarter consumer outcomes.

About Three Ships

Simplify's Rating
Why Three Ships is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Consumer Software

Financial Services

Company Size

51-200

Company Stage

Seed

Total Funding

$500K

Headquarters

Raleigh, North Carolina

Founded

2009

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Simplify's Take

What believers are saying

  • $3.31M raised fuels expansion of profitable $10M 2025 revenue projection.
  • Amazon tools accelerate North American customer reach for sustainable brand.
  • 40% repeat purchase rate doubles industry average with 13,000 five-star reviews.

What critics are saying

  • Glossier and Fenty Beauty erode market share via superior distribution in Whole Foods.
  • Inventory mismanagement strains cash flow amid rising plant ingredient costs.
  • Supply chain lapses revoke B Corp certification, triggering consumer backlash.

What makes Three Ships unique

  • Three Ships delivers radically transparent, clinically proven natural skincare formulas.
  • B Corp certified and EWG Verified status sets it apart in clean beauty.
  • Vegan, plant-based 20-product line targets various skin concerns effectively.

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Funding

Total Funding

$500k

Below

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Below Average

Industry standards

$3.3M
$1.5M
Slack
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood

Growth & Insights

Headcount

6 month growth

2%

1 year growth

0%

2 year growth

-17%

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