About Three Ships Beauty
Three Ships Beauty is a company based in Toronto (Canada) founded in 2017 by Connie Lo. It operates as a Direct-to-Consumer (D2C). Three Ships Beauty has raised $2.56 million across 2 funding rounds from investors including BDC, Martin Mccourt and Tara Bosch. Three Ships Beauty offers products and services including Jelly Drops Routine Kit, Best-Sellers Discovery Kit, and Bright & Tight Eye Mask Quartet. Three Ships Beauty operates in a competitive market with competitors including Saje Natural Wellness, BalmLabs, Areli Beauty, The Cure Skincare and binu binu, among others.
- Headquarter Toronto, Canada
- Founders Connie Lo
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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 Three Ships
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.56 M (USD)
in 2 rounds
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Latest Funding Round
$2.56 M (USD), Seed
May 08, 2024
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Investors
BDC
& 3 more
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Employee Count
Employee Count
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Products & Services of Three Ships Beauty
Three Ships Beauty offers a comprehensive portfolio of products and services, including Jelly Drops Routine Kit, Best-Sellers Discovery Kit, and Bright & Tight Eye Mask Quartet. 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.
Kit includes cleanser, serum, and cream for skincare.
Kit offers cleanser, serum, and cream for trial.
Set includes firming and brightening biodegradable eye masks.
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Funding Insights of Three Ships Beauty
Three Ships Beauty has successfully raised a total of $2.56M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.56 million completed in May 2024. 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 Seed — $2.6M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Three Ships Beauty | Valuation | BDC |
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| Nov, 2022 | Amount | Seed - Three Ships Beauty | Valuation | Martin Mccourt , Tara Bosch |
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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 Three Ships Beauty
Three Ships Beauty has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include BDC, Martin Mccourt and Tara Bosch. 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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Commercial banking services for small and medium-sized enterprises are provided.
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Founded Year | Domain | Location | |
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MM
Martin Mccourt |
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Founded Year | Domain | Location |
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TB
Tara Bosch |
Founder of SmartSweets, angel investor in consumer brands
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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 Three Ships 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 - Three Ships 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 |
Three Ships Beauty Comparisons
Competitors of Three Ships Beauty
Three Ships 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 Saje Natural Wellness, BalmLabs, Areli Beauty, The Cure Skincare and binu binu, 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 |
Internet first brand offering multi natural skin care products
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| domain | founded_year | HQ Location |
Internet first brand offering natural skincare products
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| domain | founded_year | HQ Location |
A plant-based skincare brand offering multi-category products.
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| domain | founded_year | HQ Location |
Produces natural, plant-based skincare with Sea Moss for hydration and anti-aging.
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| domain | founded_year | HQ Location |
Delivers a direct-to-consumer brand specializing in skin care products.
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| domain | founded_year | HQ Location |
Offers natural skincare and body care products via direct online retail.
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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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Frequently Asked Questions about Three Ships Beauty
When was Three Ships Beauty founded?
Three Ships Beauty was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Three Ships Beauty located?
Three Ships Beauty is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Three Ships Beauty a funded company?
Three Ships Beauty is a funded company, having raised a total of $2.56M across 2 funding rounds to date.
What does Three Ships Beauty do?
Natural skincare solutions are provided by Three Ships Beauty, focusing on vegan and cruelty-free formulations. Products are developed for various skin types including dry, oily, sensitive, and mature skin. Categories such as cleansers, toners, serums, creams, and masks are included in their offerings. Emphasis is placed on transparency regarding ingredient science, sustainability, and sourcing. The company targets benefits like brightening, firming, hydrating, soothing, and balancing for skin health.
Who are the top competitors of Three Ships Beauty?
Three Ships Beauty's top competitors include Saje Natural Wellness, BalmLabs and Areli Beauty.
What products or services does Three Ships Beauty offer?
Three Ships Beauty offers Jelly Drops Routine Kit, Best-Sellers Discovery Kit, and Bright & Tight Eye Mask Quartet.
Who are Three Ships Beauty's investors?
Three Ships Beauty has 4 investors. Key investors include BDC, Martin Mccourt, Tara Bosch, and Arati Sharma.