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

Investments

51

Portfolio Exits

1

About Sephora Accelerate

Sephora Accelerate is dedicated to building a community of innovative female founders in beauty. The program begins with a one week bootcamp where founders acquire the necessary skills to create a successful business. Together, they learn from beauty mentors and seasoned entrepreneurs, and prepare for a final demo day in the fall.

Headquarters Location

San Francisco, California,

United States

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Expert Collections containing Sephora Accelerate

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Find Sephora Accelerate in 1 Expert Collection, including Beauty & Personal Care.

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Beauty & Personal Care

65 items

Startups in the beauty & personal care space, including cosmetics brands, shaving startups, on-demand beauty services, salon management platforms, and more.

Research containing Sephora Accelerate

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

Latest Sephora Accelerate News

Sephora adds Nutrafol, Proven to its lineup

Jan 19, 2023

Published Jan. 19, 2023 Dive Brief: Nutrafol will offer its full assortment of hair supplements and other products on Sephora’s website and select stores beginning in February, according to a company press release. The brand is also debuting its first women’s vegan hair growth nutraceutical in Sephora this spring before offering it on Nutrafol’s website, according to the announcement. Proven, which will also be available on Sephora’s website and stores, will introduce in-store interactive displays for customers later this year at select U.S. locations, per the press release. Dive Insight: With the addition of Nutrafol and Proven, Sephora is continuing its big bet on DTC brands. Proven’s partnership with Sephora builds upon its relationship with the beauty retailer, which began in 2018 when it participated in the Sephora Accelerate program. Following the brand’s participation in the program, Sephora and Proven started to map out their in-store and digital collaboration in August 2021, according to the announcement. “I have long believed that personalization is the future of skincare, and this groundbreaking partnership is the clearest evidence yet,” Proven co-founder and CEO Ming Zhao said in a statement. “Bringing personalization to retail is not an easy task, but with the strength and savvy of Sephora, combined with our amazing team and leading technology, we are able to bring our innovative approach and beloved products to customers in a way they crave.” In addition to Proven, Sephora has spotted and supported other brands as part of its incubator program. In December, the beauty retailer selected seven new participants and offered them mentorship, grants, investor connections, merchandising support, and the chance to distribute their products in Sephora stores. Nutrafol’s collaboration with Sephora comes after Unilever acquired a majority stake in the brand last May. The company said its DTC sales doubled in 2021, and it has sustained its growth, according to the announcement. “This partnership with Sephora, the most trusted prestige beauty retailer, is just the beginning, and an important next step in providing more value and support for our customers along every step of their hair health journeys,” Giorgos Tsetis, Nutrafol co-founder and CEO, said in a statement. Proven and Nutrafol are among other brands that have partnered with Sephora to sell their items in brick-and-mortar stores. In July, Glossier entered a similar deal with Sephora to sell its products in Sephora’s U.S. and Canada locations and on the retailer’s website and mobile app. More DTC brands are turning to physical retail  — either through their own stores or through wholesale partnerships — to broaden their reach and overcome the limitations of selling goods primarily online.

Sephora Accelerate Investments

51 Investments

Sephora Accelerate has made 51 investments. Their latest investment was in Wonder Curl as part of their Incubator/Accelerator on December 12, 2021.

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Sephora Accelerate Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/10/2021

Incubator/Accelerator

Wonder Curl

Yes

1

12/10/2021

Incubator/Accelerator

Sistine

Yes

1

12/10/2021

Incubator/Accelerator

SHAZ & KIKS

Yes

1

12/10/2021

Incubator/Accelerator

Subscribe to see more

Subscribe to see more

10

12/10/2021

Incubator/Accelerator

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Subscribe to see more

10

Date

12/10/2021

12/10/2021

12/10/2021

12/10/2021

12/10/2021

Round

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Incubator/Accelerator

Company

Wonder Curl

Sistine

SHAZ & KIKS

Subscribe to see more

Subscribe to see more

Amount

New?

Yes

Yes

Yes

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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

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