About Skinidea
Skinidea is a Consumer company based in Seoul (South Korea) founded in 2014, and was acquired by Morgan Stanley in February 2024. Multi-category skin care products are distributed via an internet-first brand. Its chief executive, as recorded, is Jeon Sang-yeon. Its focus areas include Consumer Goods, Beauty & Personal Care Products, Skin Care and Multi-Category. Its competitors include Shinsegae International, oliveinternational and Lilycover; 2 of its 3 listed competitors have raised funding.
Company details
Skinidea was established in 2014 in Seoul, South Korea, within the cosmetics sector. Operations focus on an internet-first model for multi-category skin care items. High-functional derma technology and patented ingredients are utilized to support skin health. A broad selection of products is marketed under the MEDI-PEEL brand, with leadership provided by CEO Jeon Sang-yeon.
- Headquarters Seoul, South Korea
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Website skinidea.co.kr
- Acquired by Morgan Stanley (Feb 2024)
- Investors
- Acquired byMorgan Stanley
(Feb 2024)
Investors in Skinidea
Skinidea has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Morgan Stanley.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States |
Investor details for Skinidea
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People of Skinidea
1 people are tracked at Skinidea (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jeon Sang-yeon | CEO | Leadership |
Complete people profiles for Skinidea
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- Team structure
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Timeline of Skinidea
2 dated milestones of Skinidea across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Skinidea is founded.
- Exit Acquired by Morgan Stanley.
Competitors of Skinidea
Skinidea has 3 listed competitors in our database, 2 of them funded. They include Shinsegae International, oliveinternational and Lilycover.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sikorea.co.kr | 1996 | Seoul, South Korea | Beauty and fashion products are manufactured by Shinsegae International. | |||
| oliveinternational.co.kr | 2020 | Seoul, South Korea | $7.74M | A range of skincare products is offered by Olive International. | ||
| lillyshop.net | 2019 | Daegu, South Korea | $4M | Internet first brand of skin care products |
Detailed competitors of Skinidea
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Frequently Asked Questions about Skinidea
Skinidea was founded in 2014.
Skinidea is headquartered in Seoul, South Korea.
Jeon Sang-yeon is the CEO of Skinidea, as recorded in our data.
Skinidea was established in 2014 in Seoul, South Korea, within the cosmetics sector. Operations focus on an internet-first model for multi-category skin care items. High-functional derma technology and patented ingredients are utilized to support skin health. A broad selection of products is marketed under the MEDI-PEEL brand, with leadership provided by CEO Jeon Sang-yeon.
Skinidea's top competitors include Shinsegae International, Lilycover and oliveinternational.
Skinidea has 1 investor. Key investors include Morgan Stanley.
Yes. Skinidea was acquired by Morgan Stanley in February 2024.