About Topicals
Topicals is a company based in Santa Monica (United States) founded in 2019 by Olamide Olowe.. Topicals has raised $22.6 million across 4 funding rounds from investors including Lerer Hippeau, CAVU Consumer Partners and Gabrielle Union. Topicals offers products and services including Faded Serum, Faded Brightening Cleansing Bar, Slick Salve, Clearly Breakout Mask, and Faded Under Eye Masks. Topicals operates in a competitive market with competitors including MATTER OF FACT, AbsoluteJOI, EADEM, U Beauty and CRUDE Personal Care, among others.
- Headquarter Santa Monica, United States
- Founders Olamide Olowe
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.6 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Lerer Hippeau
& 7 more
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Employee Count
Employee Count
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Products & Services of Topicals
Topicals offers a comprehensive portfolio of products and services, including Faded Serum, Faded Brightening Cleansing Bar, Slick Salve, Clearly Breakout Mask, and Faded Under Eye Masks. 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.
Targets dark spots and uneven skin tone effectively.
Cleanses while brightening and reducing discoloration.
Hydrates and soothes dry, irritated skin areas.
Clarifies and calms acne-prone skin quickly.
Brightens under-eye area and reduces dark circles.
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Funding Insights of Topicals
Topicals has successfully raised a total of $22.6M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(07 Aug 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Angel Round - Topicals | Valuation |
investors |
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| Feb, 2024 | Amount | Series A - Topicals | Valuation |
investors |
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| Nov, 2022 | Amount | Series A - Topicals | Valuation | CAVU Consumer Partners |
| 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 Topicals
Topicals has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Lerer Hippeau, CAVU Consumer Partners and Gabrielle Union. 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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Investments in consumer brands are made through VC and PE.
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Founded Year | Domain | Location | |
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Venture capital firm investing in consumer businesses
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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 Topicals
| 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 - Topicals
| 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 |
Topicals Comparisons
Competitors of Topicals
Topicals 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 MATTER OF FACT, AbsoluteJOI, EADEM, U Beauty and CRUDE Personal Care, 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 subscription-based skincare products
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| domain | founded_year | HQ Location |
Organic skincare products are offered via online subscription by AbsoluteJOI.
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| domain | founded_year | HQ Location |
Organic skincare products are offered via monthly subscriptions by EADEM.
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| domain | founded_year | HQ Location |
Subscription-based skincare products are offered online by U Beauty.
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| domain | founded_year | HQ Location |
Natural skin care products are provided by CRUDE brand.
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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 Topicals
Frequently Asked Questions about Topicals
When was Topicals founded?
Topicals was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Topicals located?
Topicals is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Who is the current CEO of Topicals?
Olamide Olowe is the current CEO of Topicals. They have also founded this company.
Is Topicals a funded company?
Topicals is a funded company, having raised a total of $22.6M across 4 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Aug 07, 2020.
What does Topicals do?
Topicals was founded in 2019 in Santa Monica, United States, with Olamide Olowe serving as co-founder and CEO. Skin care products are manufactured by the company within the personal care sector. Operations are centered on product development and distribution from its U.S. base. The domain mytopicals.com is utilized for online presence. Focus is placed on standard manufacturing processes for consumer skincare items.
Who are the top competitors of Topicals?
Topicals's top competitors include MATTER OF FACT, AbsoluteJOI and CRUDE Personal Care.
What products or services does Topicals offer?
Topicals offers Faded Serum, Faded Brightening Cleansing Bar, Slick Salve, Clearly Breakout Mask, and Faded Under Eye Masks.
Who are Topicals's investors?
Topicals has 8 investors. Key investors include Lerer Hippeau, CAVU Consumer Partners, Gabrielle Union, Kelly Rowland, and Hannah Bronfman.