About IPSY
IPSY is a company based in San Mateo (United States) founded in 2011 by Michelle Phan. It operates as a Subscription Services. IPSY has raised $107.06 million across 5 funding rounds from investors including TPG, Crosscut Ventures and ACME Capital. IPSY has completed 2 acquisitions, including Boxy Charm and SnapUp. IPSY offers products and services including IPSY Subscription, Glam Bag, BoxyCharm, and Icon Box. IPSY operates in a competitive market with competitors including Birchbox, Boxy Charm, Love Goodly, The Black Travel Box and We Are Onyx, among others.
- Headquarter San Mateo, United States
- Founders Michelle Phan
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Personalized Beauty Discovery, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$107.06 M (USD)
in 5 rounds
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Latest Funding Round
$100 M (USD), Series B
Sep 14, 2015
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Investors
TPG
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Boxy Charm
& 1 more
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Products & Services of IPSY
IPSY offers a comprehensive portfolio of products and services, including IPSY Subscription, Glam Bag, BoxyCharm, and Icon Box. 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.
Personalized beauty products are delivered monthly to subscribers.
Monthly curated beauty samples are provided to members.
Premium beauty products are included in monthly boxes.
Exclusive beauty selections are offered in curated boxes.
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Funding Insights of IPSY
IPSY has successfully raised a total of $107.06M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in September 2015. 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 5
- Last Round Series B — $100.0M
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First Round
First Round
(12 Dec 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Series B - IPSY | Valuation | ACME , TPG |
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| Oct, 2014 | Amount | Series A - IPSY | Valuation |
investors |
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| Sep, 2012 | Amount | Series A - IPSY | Valuation | Amalfi Capital Management , Crosscut Ventures |
| 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 IPSY
IPSY has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include TPG, Crosscut Ventures and ACME Capital. 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 investments are directed toward disruptive technologies and innovations.
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Founded Year | Domain | Location | |
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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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A global technology investment fund is managed by Amalfi Capital.
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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 IPSY
IPSY has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Boxy Charm and SnapUp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Full-sized beauty products are provided through monthly subscriptions.
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2013 | ||||
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Price drops on screenshot-saved products are notified to iOS users.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - IPSY
| 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 |
Ipsy Comparisons
Competitors of IPSY
IPSY 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 Birchbox, Boxy Charm, Love Goodly, The Black Travel Box and We Are Onyx, 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 |
A beauty subscription service delivering customizable monthly product boxes.
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| domain | founded_year | HQ Location |
Full-sized beauty products are provided through monthly subscriptions.
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| domain | founded_year | HQ Location |
Bimonthly subscription boxes curated by influencers are delivered to subscribers.
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| domain | founded_year | HQ Location |
Subscription-based travel beauty boxes are curated for women.
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| domain | founded_year | HQ Location |
Provides personalized beauty sample memberships for women of color.
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| domain | founded_year | HQ Location |
Beauty care products are offered through an online subscription platform.
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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 Ipsy
Frequently Asked Questions about IPSY
When was IPSY founded?
IPSY was founded in 2011.
Where is IPSY located?
IPSY is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is IPSY a funded company?
IPSY is a funded company, having raised a total of $107.06M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3.8M, raised on Dec 12, 2011.
What does IPSY do?
Personalized beauty products and samples are delivered through monthly subscription plans by IPSY. Various subscription tiers, including Glam Bag, BoxyCharm, and Icon Box, are offered to cater to different customer preferences. Exclusive deals and discounts are made available to subscribers. The focus is placed on the beauty and personal care sector, ensuring tailored experiences for users.
Who are the top competitors of IPSY?
IPSY's top competitors include Birchbox, Boxy Charm and Love Goodly.
What products or services does IPSY offer?
IPSY offers IPSY Subscription, Glam Bag, BoxyCharm, and Icon Box.
How many acquisitions has IPSY made?
IPSY has made 2 acquisitions, including Boxy Charm, and SnapUp.
Who are IPSY's investors?
IPSY has 5 investors. Key investors include TPG, Crosscut Ventures, ACME Capital, Amalfi Capital Management, and 500 Global.
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