About Prose
Prose is a company based in Brooklyn (United States) founded in 2017 by Natasha N Satisfield, Arnaud Plas, Paul Michaux, Catherine Taurin, and Nicolas Mussat. It operates as a Direct-to-Consumer (D2C). Prose has raised $32.35 million across 6 funding rounds from investors including Lerer Hippeau, Insight Partners and Forerunner Ventures. The company has 233 employees as of December 31, 2022. Prose offers products and services including Custom Haircare and Custom Skincare. Prose operates in a competitive market with competitors including Function of Beauty, Florae and Mirai Clinical, among others.
- Headquarter Brooklyn, United States
- Employees 233 as on 31 Dec, 2022
- Founders Natasha N Satisfield, Arnaud Plas, Paul Michaux, Catherine Taurin, Nicolas Mussat
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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 Perse Beauty 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
$32.35 M (USD)
in 6 rounds
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Latest Funding Round
$350 K (USD), Series B
Sep 15, 2022
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Investors
Lerer Hippeau
& 7 more
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Employee Count
233
as on Dec 31, 2022
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Products & Services of Prose
Prose offers a comprehensive portfolio of products and services, including Custom Haircare and Custom Skincare. 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.
Customized haircare products are tailored to individual needs.
Personalized skincare solutions are crafted for unique skin types.
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Leadership Team
9 people
Software Development Team
9 people
Senior Team
8 people
Human Resources and Administration
6 people
Creative and Marketing Team
4 people
Sales and Marketing
4 people
Finance and Accounting
3 people
Operations Team
3 people
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Funding Insights of Prose
Prose has successfully raised a total of $32.35M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $350 thousand completed in September 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 6
- Last Round Series B — $350,000
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First Round
First Round
(12 Jul 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series B - Prose | Valuation |
investors |
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| Nov, 2018 | Amount | Series B - Prose | Valuation | Insight Partners | |
| Dec, 2017 | Amount | Series A - Prose | 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 Prose
Prose has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Lerer Hippeau, Insight Partners and Forerunner Ventures. 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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Founded Year | Domain | Location | |
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USA focused VC firm investing in seed and early stage startups
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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 Prose
| 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 - Prose
| 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 |
Prose Comparisons
Competitors of Prose
Prose 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 Function of Beauty, Florae and Mirai Clinical, 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 |
Customized skin and hair care products are provided online.
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| domain | founded_year | HQ Location |
Online beauty brand offering a wide range of personalised hair care products
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| domain | founded_year | HQ Location |
Offers a brand of natural skin and hair care 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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Latest news on Prose
Frequently Asked Questions about Prose
When was Prose founded?
Prose was founded in 2017.
Where is Prose located?
Prose is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Who is the current CEO of Prose?
Arnaud Plas is the current CEO of Prose. They have also founded this company.
Is Prose a funded company?
Prose is a funded company, having raised a total of $32.35M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5.2M, raised on Jul 12, 2017.
How many employees does Prose have?
As of Dec 31, 2022, the latest employee count at Prose is 233.
What does Prose do?
Personalized haircare and skincare solutions are provided by Prose. Products are tailored to individual needs in the personal care sector. Unique formulations are created to address specific hair and skin concerns.
Who are the top competitors of Prose?
Prose's top competitors include Function of Beauty, Florae and Mirai Clinical.
What products or services does Prose offer?
Prose offers Custom Haircare and Custom Skincare.
Who are Prose's investors?
Prose has 8 investors. Key investors include Lerer Hippeau, Insight Partners, Forerunner Ventures, Correlation Ventures, and ISAI.
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