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Incubator/Accelerator
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Management & Strategy Consulting
sephoraaccelerate.com

Investments

65

Portfolio Exits

1

Partners & Customers

1

About Sephora Accelerate

Sephora Accelerate offers an acceleration program dedicated to building a community of innovative female founders in beauty. The program begins with a one-week boot camp where founders acquire the necessary skills to create a successful business by learning from beauty mentors and seasoned entrepreneurs. It is based in San Francisco, California.

Headquarters Location

350 Mission Street 7th Floor

San Francisco, California,

United States

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Research containing Sephora Accelerate

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Sephora Accelerate in 1 CB Insights research brief, most recently on May 25, 2021.

Latest Sephora Accelerate News

Award-Winning BROWN GIRL Jane Receives $100K Sephora Beauty Grant Out Of Nearly 300 Applicants

Feb 9, 2024

Out Of Nearly 300 Applicants Last year, BROWN GIRL Jane graduated from the 2023 Sephora Accelerate brand incubation program dedicated to building a community of innovative, inspirational brand founders in beauty. Out of more than 275 applicants, fine fragrance brand BROWN GIRL Jane was recently crowned as the first-ever graduate of the inaugural Sephora Beauty Grant in partnership with The 15 Percent Pledge. On Feb. 3, co-founder and CEO Malaika Jones was captured on video proudly accepting an achievement award at the annual star-studded 15 Percent Pledge Gala, which took place in Los Angele. She was honored with a clapping ovation before she graced the stage with Artemis Patrick, President of Sephora North America, and Danessa Myricks, Founder of Danessa Myricks Beauty. The announcement of the  Sephora Beauty Grant  celebrated a ‘shestory’ anchored in heritage, wanderlust, and masterful craftsmanship that is  BROWN GIRL Jane . “Some nights make this crazy entrepreneurial journey feel even more rewarding. Still floating,” Jones captioned a post on Instagram. “Thank you to my unbelievably amazing  @sephora  family and the trailblazers at  @15percentpledge  for honoring  @itsbrowngirljane  with the achievement award at this year’s gala. @taibeau   @niafana  and I are so incredibly grateful and humbled, and we’ve only just begun. Eyes forward, hearts full.” Founded by Jones and co-founders Tai Beauchamp and Nia Jones, BROWN GIRL Jane was bestowed with a $100,000 cash prize and a year-long mentorship program that “aims to support and empower Black-owned prestige beauty brands in the US,” according to a press release provided to BLACK ENTERPRISE. The initiative is a rumination of Sephora’s ongoing commitment since doubling its assortment of Black-owned businesses and hitting the 15% benchmark in prestige haircare last year. The major retailer was the first of its caliber to sign the 15 Percent Pledge in 2020. Since then, the non-profit has put more than 600 Black-owned brands on the shelves with Pledge takers. Beauchamp, who serves as chief business officer (CBO) at BROWN GIRL Jane, also expressed her gratitude to the partnering companies and emphasized the importance of the brand. “Your commitment will shift previously normalized patterns for the better and more reflectivity. Thank you! We are so grateful to be awarded the inaugural  #sephora #15percentpledge  Beauty grant as we continue to bottle award-winning, mood-boosting fragrances that reflect the rich culture of the Diaspora to support our collective wellness.” The love didn’t stop there. Beauchamp also gave a shout-out to her co-founders and Spelman College sisters for the journey up to this point. “It took years and years to arrive to a place where industry finally recognizes and accepts that inclusivity matters,” she wrote. “To my loves  @browngirlmalaika  and  @niafana , with the highs and lows of life, business, conviction, fatigue, lessons, and joys…we are doing it, Joe! Love to each of you for the vision, fortitude, sleepless nights, and commitment,” she continued. Last year, BROWN GIRL Jane graduated from the 2023 Sephora Accelerate brand incubation program dedicated to building a community of innovative, inspirational brand founders in beauty. The founders embarked on a six-month journey learning directly from industry experts, beauty brand founders, and Sephora leaders and gained access to a host of resources to optimize retail readiness and boost their brand. The brand is no stranger to wins, with 22 beauty awards under its name, including Innovator of the Year by Refinery29. “At BROWN GIRL Jane, our mission has always been to shift culture’s course and give voice to every part of us, to our stories steeped in heritage. This recognition means we’ve touched lives. To anyone who feels unseen — we bottle inspiration for you. To Sephora — we are grateful to be a vessel. Thank you for reminding us that the future smells like home,” Malaika Jones wrote on the company’s Instagram page.

Sephora Accelerate Investments

65 Investments

Sephora Accelerate has made 65 investments. Their latest investment was in Soft Rows as part of their Incubator/Accelerator on December 13, 2023.

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Sephora Accelerate Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/13/2023

Incubator/Accelerator

Soft Rows

Yes

1

12/13/2023

Incubator/Accelerator

MAED Beauty

Yes

1

12/13/2023

Incubator/Accelerator

Harlem Candle Co.

Yes

1

12/13/2023

Incubator/Accelerator

Subscribe to see more

Subscribe to see more

10

12/13/2023

Incubator/Accelerator

Subscribe to see more

Subscribe to see more

10

Date

12/13/2023

12/13/2023

12/13/2023

12/13/2023

12/13/2023

Round

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Company

Soft Rows

MAED Beauty

Harlem Candle Co.

Subscribe to see more

Subscribe to see more

Amount

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

1

1

10

10

Sephora Accelerate Portfolio Exits

1 Portfolio Exit

Sephora Accelerate has 1 portfolio exit. Their latest portfolio exit was Skylar on January 06, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/6/2023

Acquired

$99M

7

Date

1/6/2023

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

7

Sephora Accelerate Partners & Customers

1 Partners and customers

Sephora Accelerate has 1 strategic partners and customers. Sephora Accelerate recently partnered with Proven on January 1, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

1/17/2023

Partner

United States

PROVEN Announces First-of-Its-kind Skincare Personalization Partnership Bringing PROVEN’s Personalization Technology and Skincare Solutions to Sephora Digital and Brick-and-Mortar Stores

The partnership , which marks PROVEN 's first entrance into retail and Sephora Accelerate 's first move into skincare personalization , consists of both digital and brick-and-mortar experiences .

3

Date

1/17/2023

Type

Partner

Business Partner

Country

United States

News Snippet

PROVEN Announces First-of-Its-kind Skincare Personalization Partnership Bringing PROVEN’s Personalization Technology and Skincare Solutions to Sephora Digital and Brick-and-Mortar Stores

The partnership , which marks PROVEN 's first entrance into retail and Sephora Accelerate 's first move into skincare personalization , consists of both digital and brick-and-mortar experiences .

Sources

3

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