About Algenist
Algenist is a company based in San Francisco (United States) founded in 2011 was acquired by Tengram Capital Partners in August 2016.. The company has 44 employees as of December 31, 2022. Algenist operates in a competitive market with competitors including Coty, StriVectin, Sente Labs, NOON Aesthetics and Biossance, among others.
- Headquarter San Francisco, United States
- Employees 44 as on 31 Dec, 2022
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Algenist, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$8 M (USD), Debt – Conventional
Jul 27, 2017
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Investors
Siena Lending Group
& 1 more
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Employee Count
44
as on Dec 31, 2022
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Acquired by
Tengram Capital Partners
(Aug 04, 2016)
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Brand Team
1 people
Supply Team
1 people
Acting Team
1 people
Sales and Marketing
1 people
Finance and Accounting
1 people
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Funding Insights of Algenist
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $8.0M
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First Round
First Round
(27 Jul 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Debt – Conventional - Algenist | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Algenist
Algenist has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Siena Lending Group and Tengram Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Direct lending is provided to small and mid-market companies.
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Founded Year | Domain | Location | |
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A private equity firm focused on consumer brand acquisitions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Algenist
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Algenist
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Algenist Comparisons
Competitors of Algenist
Algenist operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coty, StriVectin, Sente Labs, NOON Aesthetics and Biossance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category beauty products are manufactured and distributed globally by Coty.
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| domain | founded_year | HQ Location |
Skin care company
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| domain | founded_year | HQ Location |
Targeted cosmeceutical skincare products are developed using biotechnology and HSA.
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| domain | founded_year | HQ Location |
Skincare products are provided for all skin types and uses.
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| domain | founded_year | HQ Location |
Biotechnology-derived squalane is used in skincare products.
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| domain | founded_year | HQ Location |
Offers biotech-based cosmetics for skin repair.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Algenist
Frequently Asked Questions about Algenist
When was Algenist founded?
Algenist was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Where is Algenist located?
Algenist is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
How many employees does Algenist have?
As of Dec 31, 2022, the latest employee count at Algenist is 44.
What does Algenist do?
Algenist develops, produces and sells anti-aging and color correcting skincare products using patented ingredients. It uses algae-based ingredients such as Alguronic Acid, Microalgae Oil, and AlgaProtein, in its products. Sells in 23 countries through retailers like Sephora, Nordstrom, Ulta, Space NK etc. Also, sells through its online platform. Products include skin care and cosmetics categories such as cleanser, toner, mask, powder, foundation, moisturiser etc. Awarded Marie Claire Prix DExcellence de la Beaute award in 2014. Post the acquisition of Algenist by Tengram Capital, Terra Via holds 20 ownership interest in it.
Who are the top competitors of Algenist?
Algenist's top competitors include Coty, Sente Labs and StriVectin.
Who are Algenist's investors?
Algenist has 2 investors. Key investors include Siena Lending Group, and Tengram Capital Partners.