About Skylar
Skylar is a company based in Los Angeles (United States) founded in 2017 by Cat Chen was acquired by Starco Brands in January 2023.. Skylar has raised $11 million across 2 funding rounds from investors including FirstMark, Amplify and Starco Brands. Skylar offers products and services including Perfumes, Discovery Set, Hair and Body Mist, and Scent Club. Skylar operates in a competitive market with competitors including The Yankee Candle, Goose Creek, Otherland, Baobab Collection and NEST New York, among others.
- Headquarter Los Angeles, United States
- Founders Cat Chen
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Skylar Body, Llc
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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 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Series A
Feb 14, 2019
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Investors
FirstMark
& 5 more
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Employee Count
Employee Count
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Acquired by
Starco Brands
(Jan 05, 2023)
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Products & Services of Skylar
Skylar offers a comprehensive portfolio of products and services, including Perfumes, Discovery Set, Hair and Body Mist, and Scent Club. 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.
Hypoallergenic perfumes for everyday personal use.
Collection of fragrances to sample various scents.
Mists for hair and body with clean ingredients.
Monthly fragrance delivery program with rewards.
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Funding Insights of Skylar
Skylar has successfully raised a total of $11M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in February 2019. 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 — $8.0M
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First Round
First Round
(24 Jan 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Series A - Skylar | Valuation | FirstMark | |
| Jan, 2018 | Amount | Seed - Skylar | Valuation | Kaktus Capital |
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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 Skylar
Skylar has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include FirstMark, Amplify and Starco Brands. 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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Capital is provided to women-led ventures in early stages.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to early-stage companies.
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Founded Year | Domain | Location | |
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Tech startups are accelerated sector-agnostically by Amplify.
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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 Skylar
| 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 - Skylar
| 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 |
Skylar Comparisons
Competitors of Skylar
Skylar 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 The Yankee Candle, Goose Creek, Otherland, Baobab Collection and NEST New York, 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 |
Premium scented candles are sold by an internet-first brand.
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| domain | founded_year | HQ Location |
Brand of candles
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| domain | founded_year | HQ Location |
Scented candles and home decor are offered online by Otherland.
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| domain | founded_year | HQ Location |
Brand of home fragrance products
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| domain | founded_year | HQ Location |
Brand of scented candle, lotions and diffuser 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 Skylar
Frequently Asked Questions about Skylar
When was Skylar founded?
Skylar was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Skylar located?
Skylar is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Skylar?
Cat Chen is the current CEO of Skylar. They have also founded this company.
Is Skylar a funded company?
Skylar is a funded company, having raised a total of $11M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jan 24, 2018.
What does Skylar do?
Skylar was founded in 2017 in Los Angeles, United States, within the fragrance sector. Perfumes form the primary offerings, supplemented by home care items like scented candles. Operations are conducted through an online store, with products available in the US, UK, Canada, Australia, and France. Leadership is provided by founder and CEO Cat Chen.
Who are the top competitors of Skylar?
Skylar's top competitors include The Yankee Candle, Otherland and Goose Creek.
What products or services does Skylar offer?
Skylar offers Perfumes, Discovery Set, Hair and Body Mist, and Scent Club.
Who are Skylar's investors?
Skylar has 6 investors. Key investors include FirstMark, Amplify, Starco Brands, GingerBread Capital, and Upfront Ventures.