goop

goop

Wellness and lifestyle brand offering products

About goop

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

Industries

Consumer Software

Healthcare

Consumer Goods

Company Size

501-1,000

Company Stage

Series C

Total Funding

$68.1M

Headquarters

Santa Monica, California

Founded

2008

Overview

Goop operates in the wellness and lifestyle market, focusing on health, beauty, and luxury living. The brand offers a variety of products, including skincare, fashion items, wellness supplements, and curated travel experiences, primarily targeting affluent women interested in holistic health. Goop combines e-commerce with content marketing, selling its own products alongside those from other high-end brands, while also generating revenue through advertising and sponsored content on its platform. This approach allows Goop to drive traffic to its online store through engaging articles and guides. The company distinguishes itself from competitors by positioning itself as a thought leader in the wellness industry, often sparking discussions with its unconventional health advice and luxury lifestyle recommendations. Goop's goal is to cater to health-conscious consumers who are willing to invest in premium products and experiences to enhance their well-being.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Growing demand for clean beauty aligns with Goop's organic skincare line.
  • Digital content consumption rise offers Goop a chance to expand its audience.
  • Sustainable product interest allows Goop to grow its eco-friendly lines.

What critics are saying

  • Trademark lawsuit from Good Clean Love threatens Goop's brand reputation.
  • Increased competition from brands like Purely Elizabeth may impact market share.
  • Entry into textiles with Ruggable faces challenges from established home decor brands.

What makes goop unique

  • Goop combines e-commerce with content marketing, creating a unique lifestyle brand.
  • The brand's focus on luxury and holistic health appeals to affluent women.
  • Goop's collaborations, like with Ruggable, expand its product offerings and audience reach.

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Funding

Total Funding

$68.1M

Below

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$50M
goop
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Paid Parental Leave

Fertility Treatment Support

Unlimited Paid Time Off

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

5%

2 year growth

-1%
El País
Dec 2nd, 2024
Is Gwyneth Paltrow's business empire nearing its end? Goop ends 2024 with lawsuits and layoffs

The lawsuit stemmed from Goop's launch of a line of sexual wellness products called good.clean.goop, which Good Clean Love argued could confuse consumers due to the similarity in their names.

The Zoe Report
Jul 10th, 2024
The New Ruggable X Goop Collab Is So Sophisticated

Wellness and lifestyle brand Goop has officially entered the textile space, partnering with Ruggable on a washable rug collection designed to emphasize the home as a true sanctuary.

PR Newswire
May 28th, 2024
Purely Elizabeth Unveils Debut Advertising Campaign: "Savor The Start" Coinciding With Skyrocketing Sales

Purely Elizabeth's first dedicated large-scale media campaign will extend across Streaming, Social and Out-of-Home through the Fall.BOULDER, Colo., May 28, 2024 /PRNewswire/ -- Purely Elizabeth , the maker of nutritious granola and breakfast foods, today announced the launch of its first-ever large-scale advertising campaign, marking a significant milestone in the brand's journey towards promoting wholesome nutrition. The campaign coincides with a standout first quarter, in which sales of Purely Elizabeth achieved an explosive growth rate of 56% year over year1 and continues to be the #1 selling granola in the Natural Channel for 7+ years2."We believe in the power of beginnings and taking that first step, and this campaign embodies our commitment to that." Post this Purely Elizabeth makes nutritious granola and breakfast foods and continues to be the #1 selling granola in the Natural Channel for 7+ years. Central to the campaign is a playful spot that imagines a world of possibilities that can come from starting small as, say, a delicious bowl of gluten-free Purely Elizabeth granola, highlighting its crunchy clusters baked with organic oats and quality superfood ingredients. This new campaign encourages consumers to “Savor the Start” and celebrates the transformative power of small choices and taking that first step towards progress on their journey.This new campaign encourages consumers to "Savor the Start" and celebrates the transformative power of small choices and taking that first step towards progress on their journey. Embracing a lighthearted tone, the media will unfold across multiple channels, including connected TV, online video and audio spots, as well as out-of-home and digital display across major markets, including Los Angeles, Chicago, Seattle, Denver and Boston.Central to the campaign is a playful spot that imagines a world of possibilities that can come from starting small as, say, a delicious bowl of gluten-free Purely Elizabeth granola, highlighting its crunchy clusters baked with organic oats and quality superfood ingredients.See spot here: Savor the Start"We are incredibly excited to introduce our inaugural advertising campaign, 'Savor the Start,'" said Elizabeth Stein, CEO and Founder of Purely Elizabeth. "We believe in the power of beginnings and taking that first step

PR Newswire
Apr 30th, 2024
Epres™ Launches Healthy Hair Shampoo Conditioner Harnessing Patented Biodiffusion™ Technology

The New Wash Range Line Up Dries Hair Faster & Repairs After DryingNEW YORK, April 30, 2024 /PRNewswire/ -- Today, the brainchild of Chemist, Dr. Eric Pressly, epres™, is set to unveil two new hair innovations to complement the brand's pre-wash Bond Repair Treatment and Professional Bond Repair. With a revolutionary patented formula, epres' Healthy Hair Shampoo & Healthy Hair Conditioner represent a shift in hair care technology, promising faster drying times and continuous repair even after hair is dry.credit: epresPowered by Pressly's pioneering chemistry, epres™ Healthy Hair Shampoo & Healthy Hair Conditioner are both formulated with the brand's patented Biodiffusion™ technology, introducing next-generation, lasting bond-repair that delivers professional-grade results for all hair types. Unlike traditional hair care products, epres'™ patented Biodiffusion™ technology penetrates deep into the hair shaft, reconstructing bonds and strengthening strands from within, guaranteeing continuous hair transformation long after drying, all in one simple step."My commitment to creating user-friendly products that revolutionize the future of haircare propelled me to create epres™. Our new products, Healthy Hair Shampoo & Conditioner, are approachable to all and make achieving healthy hair easy and accessible." said Eric Pressly, Founder of epres™.Crafted with precision, epres™ Healthy Hair Shampoo & Healthy Hair Conditioner excel in performance with their biodegradable formula, achieving remarkable results while championing environmental sustainability. The brand's unwavering commitment to excellence extends to excluding Quaternary amines, ensuring top-tier performance without any harmful additives, alongside a transparent vanilla fragrance.Versatility reigns supreme as the conditioner can double as a leave-in treatment for added convenience and efficacy

Happi
Apr 29th, 2024
Summertone Bronzing Gel Is New from Goop

With all the hype around achieving a glowing tan in a bottle, Goop Beauty has released its new Summertone Bronzing Gel.

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