About Source Beauty
Source Beauty is a company based in Maadi (Egypt) founded in 2016 by Lydia Schoonderbeek was acquired by ECC in September 2022.. Source Beauty offers products and services including Beauty Platform, Haircare Products, Skincare Products, Makeup Products, and Bath and Body Products. Source Beauty operates in a competitive market with competitors including Mskra, eParkville, Zacshop, Borg Cosmetics and Loly Store, among others.
- Headquarter Maadi, Egypt
- Founders Lydia Schoonderbeek
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Products & Services of Source Beauty
Source Beauty offers a comprehensive portfolio of products and services, including Beauty Platform, Haircare Products, Skincare Products, Makeup Products, and Bath and Body Products. 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.
Online service for buying beauty and wellbeing products
Range of shampoos, conditioners, and treatments for hair maintenance
Items like cleansers and moisturizers for skin health and concerns
Cosmetics including lipsticks and foundations for daily use
Body lotions, shower gels, and related items for hygiene
Supplements and treatments for stress and energy support
Perfumes and scents for everyday wear and layering
Funding Insights of Source Beauty
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2020 | Amount | Seed - Source Beauty | Valuation | ACE & Company |
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| May, 2020 | Amount | Seed - Source Beauty | Valuation | 500 Global |
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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 Source Beauty
Source Beauty has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include ECC, ACE & Company and 500 Global. 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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Multiple sectors are invested in by the private equity firm.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Outsourced R&D services for beauty product development are offered.
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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 Source Beauty
| 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 - Source Beauty
| 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 |
Source Beauty Comparisons
Competitors of Source Beauty
Source Beauty 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 Mskra, eParkville, Zacshop, Borg Cosmetics and Loly Store, 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 |
E-commerce platform for a wide range of beauty and personal care products.
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| domain | founded_year | HQ Location |
An online platform providing a wide range of beauty products for consumers.
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| domain | founded_year | HQ Location |
An online retail platform offering multi-category beauty products.
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| domain | founded_year | HQ Location |
Functions as an online retail platform for multi-category beauty products.
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| domain | founded_year | HQ Location |
An online retailer specializing in multi-category cosmetic 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 Source Beauty
Frequently Asked Questions about Source Beauty
When was Source Beauty founded?
Source Beauty was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Source Beauty located?
Source Beauty is headquartered in Maadi, Egypt. It is registered at Maadi, Cairo, Egypt.
Who is the current CEO of Source Beauty?
Lydia Schoonderbeek is the current CEO of Source Beauty. They have also founded this company.
What does Source Beauty do?
An online platform for multi-category beauty products was established in 2016 in Maadi, Egypt. Skincare items, moisturizers, toners, serums, hair care products, fragrances, makeup, and additional categories are featured in the catalog. Products from various brands are offered through this e-commerce operation, which serves the beauty sector by providing a digital marketplace for consumers.
Who are the top competitors of Source Beauty?
Source Beauty's top competitors include Mskra, eParkville and Zacshop.
What products or services does Source Beauty offer?
Source Beauty offers Beauty Platform, Haircare Products, Skincare Products, Makeup Products, and 3 more products and services.
Who are Source Beauty's investors?
Source Beauty has 3 investors. Key investors include ECC, ACE & Company, and 500 Global.