Lumene

Espoo, Finland Founded: 1970 • Age: 56 yrs Acquired By Verdane
Sustainable beauty products are developed with natural ingredients.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Lumene

Lumene is a company based in Espoo (Finland) founded in 1970 was acquired by Verdane in September 2021. It operates as a Direct-to-Consumer (D2C) and Circular Economy. Lumene has completed 1 acquisition, including IDA WARG Beauty. Lumene offers products and services including CC Color Correcting Cream SPF20, Vegan Collagen Essence, and Dewy Glow Setting Spray. Lumene operates in a competitive market with competitors including L'Occitane, Johnson & Johnson, L'Oréal, Estee Lauder and HUL, among others.

  • Headquarter Espoo, Finland
  • Sectors
    Consumer
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Lumene Oy
Operational Areas
Consumer → Beauty, Personal & Household Care Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Verdane

    (Sep 15, 2021)

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Products & Services of Lumene

Lumene offers a comprehensive portfolio of products and services, including CC Color Correcting Cream SPF20, Vegan Collagen Essence, and Dewy Glow Setting Spray.

Product name locked
Category locked
Primary

Color correcting cream with SPF20 for all skin types.

Product name locked
Category locked
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Vegan essence with collagen for all skin types.

Product name locked
Category locked
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Hydrating spray setting makeup with a dewy finish.

People of Lumene

Headcount 200-500
Employee Profiles 50
Board Members and Advisors 1
Employee Profiles
People
Johan Berg
CEO
People
Jenny Paulamäki
Global Head Of PR And Communications
People
Victor Gibson
General Manager, New Markets & Ecommerce
People
Eleonore Lundell
Head Of Ecommerce

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Funding Insights of Lumene

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Detailed funding history for Lumene

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
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Investors in Lumene

Lumene has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Verdane.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm and funds of fund focused on technology-enabled and sustainable companies
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Investor details for Lumene

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Lumene

Lumene has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include IDA WARG Beauty.

Investments
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Investment portfolio details for Lumene

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Multi-category natural beauty products are offered by an internet-first brand.
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Complete acquisition details for Lumene

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Lumene

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Detailed financials for Lumene

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  • Profit trends
  • Statement rows
  • Financial ratios

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Lumene Comparisons

Lumene Primary company
Description
Sustainable beauty products are developed with natural ingre...
Location
Espoo, Finland
Founded Year
1970
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Lumene

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Competitors of Lumene

Lumene 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 L'Occitane, Johnson & Johnson, L'Oréal, Estee Lauder and HUL, among others.

Company Name Domain Founded year HQ Location Description
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Beauty and personal care products are sold by L'Occitane globally.
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Healthcare solutions are provided by Johnson & Johnson globally.
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Internet first brand of skin & hair care, and makeup products for men and women
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Luxury brand and manufacturer of beauty and personal care products and foundation focused on women-led development investments
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Fast-moving consumer goods, packaged foods, and consumer products are produced.
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Detailed competitors of Lumene

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Latest news on Lumene

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Complete news archive for Lumene

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Lumene

Lumene was founded in 1970.

Lumene is headquartered in Espoo, Finland.

Lumene is focused on the development and sale of skincare and makeup products inspired by Nordic beauty. The company operates within the personal care sector, offering a range of vegan and sustainably sourced products. Solutions include collections like Nordic-C, Nordic Hydra, and Invisible Illumination, addressing various skin concerns such as dehydration, dullness, and aging. Emphasis is placed on circular economy practices with up to 99 natural-derived ingredients and recyclable packaging.

Lumene's top competitors include L'Oréal, Estee Lauder and L'Occitane.

Lumene offers CC Color Correcting Cream SPF20, Vegan Collagen Essence, and Dewy Glow Setting Spray.

Lumene has made 1 acquisition, including IDA WARG Beauty.

Lumene has 1 investor. Key investors include Verdane.

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