About Beauty Selection
Beauty Selection is a company based in Seoul (South Korea) founded in 2020.. Beauty Selection has raised $8.19 million across 1 funding round from investors including Altos Ventures Management and Redbadge Pacific. Beauty Selection operates in a competitive market with competitors including The Face Shop, AHC, Dewey Tree, APRILSKIN and COSRX, among others.
- Headquarter Seoul, South Korea
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Sectors
ConsumerHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Beauty Selection Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.19 M (USD)
in 1 rounds
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Latest Funding Round
$8.19 M (USD), Series A
Aug 29, 2022
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Investors
Altos Ventures Management
& 1 more
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Employee Count
Employee Count
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Funding Insights of Beauty Selection
Beauty Selection has successfully raised a total of $8.19M through 1 strategic funding round. The most recent funding activity was a Series A round of $8.19 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $8.2M
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First Round
First Round
(29 Aug 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - Beauty Selection | Valuation | Altos Ventures Management |
| 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 Beauty Selection
Beauty Selection has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Altos Ventures Management and Redbadge Pacific. 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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Early-stage companies are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Single family office of Jonathan C Kim
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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 Beauty Selection
| 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 - Beauty Selection
| 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 |
Beauty Selection Comparisons
Competitors of Beauty Selection
Beauty Selection 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 The Face Shop, AHC, Dewey Tree, APRILSKIN and COSRX, 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.
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| domain | founded_year | HQ Location |
Skin care products are marketed through an internet-first brand model.
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| domain | founded_year | HQ Location |
Private label brand of beauty & personal care products
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| domain | founded_year | HQ Location |
Serves as a brand specializing in beauty and personal care products.
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| domain | founded_year | HQ Location |
Online beauty brand offering a wide range of K skincare products
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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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Frequently Asked Questions about Beauty Selection
When was Beauty Selection founded?
Beauty Selection was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Beauty Selection located?
Beauty Selection is headquartered in Seoul, South Korea.
Who is the current CEO of Beauty Selection?
Jaebin Park is the current CEO of Beauty Selection.
Is Beauty Selection a funded company?
Beauty Selection is a funded company, having raised a total of $8.19M across 1 funding round to date. The company's 1st funding round was a Series A of $8.19M, raised on Aug 29, 2022.
What does Beauty Selection do?
Beauty Selection was founded in 2020 in Seoul, South Korea, within the beauty and skincare sector. A range of skincare items, including collagen masks utilizing hydrogel technology, is developed and distributed through online platforms and major retailers. Operations emphasize product quality and customer-oriented design. International market expansion forms a central element of the companys strategy.
Who are the top competitors of Beauty Selection?
Beauty Selection's top competitors include COSRX, The Face Shop and AHC.
Who are Beauty Selection's investors?
Beauty Selection has 2 investors. Key investors include Altos Ventures Management, and Redbadge Pacific.