About Gitti Conscious Beauty
Gitti Conscious Beauty is a company based in Berlin (Germany) founded in 2018 by Jennifer Baum Minkus.. Gitti Conscious Beauty has raised $11.69 million across 2 funding rounds from investors including b2venture, XAnge and Grazia Equity. The company has 52 employees as of December 31, 2021. Gitti Conscious Beauty offers products and services including Gel Nail Polish, Makeup Sets, and Skincare Sets. Gitti Conscious Beauty operates in a competitive market with competitors including Dr. Barbara Sturm, youtiful, HelloBody, EXONDA and truemorrow, among others.
- Headquarter Berlin, Germany
- Employees 52 as on 31 Dec, 2021
- Founders Jennifer Baum Minkus
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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
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- Legal Name Gitti Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.69 M (USD)
in 2 rounds
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Latest Funding Round
$8.19 M (USD), Series A
Aug 04, 2021
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Investors
b2venture
& 6 more
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Employee Count
52
as on Dec 31, 2021
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Products & Services of Gitti Conscious Beauty
Gitti Conscious Beauty offers a comprehensive portfolio of products and services, including Gel Nail Polish, Makeup Sets, and Skincare Sets. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Vegan polish for long-lasting, chip-resistant nail color.
Collections of face, eye, and lip products for everyday use.
Formulas for nourishing skin with sustainable ingredients.
Funding Insights of Gitti Conscious Beauty
Gitti Conscious Beauty has successfully raised a total of $11.69M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.19 million completed in August 2021. 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 2
- Last Round Series A — $8.2M
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First Round
First Round
(04 Sep 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series A - Gitti Conscious Beauty | Valuation | XAnge , BtoV | |
| Sep, 2020 | Amount | Seed - Gitti Conscious Beauty | Valuation | b2venture , Grazia Equity |
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| 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 Gitti Conscious Beauty
Gitti Conscious Beauty has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include b2venture, XAnge and Grazia Equity. 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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Venture capital is provided to innovative startups by b2venture.
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech companies
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Founded Year | Domain | Location | |
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Venture capital investments are made in innovative startups by Grazia Equity.
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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 Gitti Conscious Beauty
| 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 - Gitti Conscious Beauty
| 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 |
Gitti Conscious Beauty Comparisons
Competitors of Gitti Conscious Beauty
Gitti Conscious Beauty 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 Dr. Barbara Sturm, youtiful, HelloBody, EXONDA and truemorrow, 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 care products are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Operates a direct-to-consumer brand offering beauty and skincare products.
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| domain | founded_year | HQ Location |
Natural personal care products are manufactured and branded by HelloBody.
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| domain | founded_year | HQ Location |
Offering hair care and facial care products
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| domain | founded_year | HQ Location |
Multi-natural skin and hair care products are offered online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Gitti Conscious Beauty
Frequently Asked Questions about Gitti Conscious Beauty
When was Gitti Conscious Beauty founded?
Gitti Conscious Beauty was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Gitti Conscious Beauty located?
Gitti Conscious Beauty is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Gitti Conscious Beauty?
Jennifer Baum Minkus is the current CEO of Gitti Conscious Beauty. They have also founded this company.
Is Gitti Conscious Beauty a funded company?
Gitti Conscious Beauty is a funded company, having raised a total of $11.69M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Sep 04, 2020.
How many employees does Gitti Conscious Beauty have?
As of Dec 31, 2021, the latest employee count at Gitti Conscious Beauty is 52.
What does Gitti Conscious Beauty do?
Gitti Conscious Beauty was established in 2018 in Berlin, Germany, as an internet-first brand within the cosmetics sector. Multi-category products, including nail polish, makeup, and skincare items such as serums, moisturizers, scrubs, and toners, are provided through its online platform. Nail polish is specified as vegan, plant-based, and water-based. The company is led by Founder CEO Jennifer Baum Minkus and Co-CEO Pamela Wade Lehman.
Who are the top competitors of Gitti Conscious Beauty?
Gitti Conscious Beauty's top competitors include Dr. Barbara Sturm, HelloBody and EXONDA.
What products or services does Gitti Conscious Beauty offer?
Gitti Conscious Beauty offers Gel Nail Polish, Makeup Sets, and Skincare Sets.
Who are Gitti Conscious Beauty's investors?
Gitti Conscious Beauty has 7 investors. Key investors include b2venture, XAnge, Grazia Equity, Martin Avetisyan, and Alexander Frolov.