The amount of the deal waw not disclosed.
The company intends to use the funds to expand its presence both domestically and internationally.
Founded in 2015 by Sheena Yaitanes, Kosås is a color cosmetics company offering a collection of color cosmetics consciously formulated with premium ingredients and botanically-rich formulas.
The company, which has already seen substantial organic growth without prior outside investment, doubled its sales in 2017 and aims to triple sales in 2018 through expanded distribution with Violet Grey, GOOP, REVOLVE, Bloomingdale’s, Neiman Marcus, Credo and The Detox Market, as well as through a holistic, integrated marketing strategy designed to drive brand awareness and engagement to kosas.com.
Kosås is currently expanding its international distribution into the United Kingdom, Singapore, Australia, and the Middle East and is looking to further increase the brand’s global footprint into other markets.
FinSMEs
17/05/2018