Virtue

Raleigh, United States Founded: 2014 • Age: 12 yrs
Hair care products are developed and sold by Virtue.
Annual revenue - Latest available
Total funding $98.1M 5 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Virtue

Virtue is a company based in Raleigh (United States) founded in 2014 by Melisse Shaban. It operates as a Direct-to-Consumer (D2C) and Subscription Services. Virtue has raised $98.12 million across 5 funding rounds from investors including Clearasil and Combe. Virtue offers products and services including Recovery Shampoo & Conditioner Duo, Flourish Shampoo for Thinning Hair, and Damage Reverse Serum. Virtue operates in a competitive market with competitors including Pantene, Hairstory, Anomaly Haircare, DevaCurl and Divi Official, among others.

  • Headquarter Raleigh, United States
  • Founders Melisse Shaban
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Virtue Labs Llc
Operational Areas
Consumer → Beauty, Personal & Household Care Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $98.12 M (USD)

    in 5 rounds

  • Latest Funding Round
    $20 M (USD), Series C

    Aug 25, 2023

  • Investors
    Clearasil

    & 1 more

  • Employee Count
    Not available
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Products & Services of Virtue

Virtue offers a comprehensive portfolio of products and services, including Recovery Shampoo & Conditioner Duo, Flourish Shampoo for Thinning Hair, and Damage Reverse Serum.

Product name locked
Category locked
Primary

Hair damage is repaired with this nourishing duo.

Product name locked
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Thinning hair is supported by this specialized shampoo.

Product name locked
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Hair damage is reversed using this targeted serum.

People of Virtue

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Melisse Shaban
Founder & Advisor at Virtue Labs LLC

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Teams

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Funding Insights of Virtue

Virtue has successfully raised a total of $98.12M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in August 2023. 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.

Investors in Virtue

Virtue has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Clearasil and Combe.

All
Institutional
Investor Description Founded Year Domain Location
Brands and investments opportunities are provided by Combe.
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Offers acne treatment pads, face wash, and spot treatments for clearer skin.
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Investor details for Virtue

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Virtue

Investments
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Investment portfolio details for Virtue

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Virtue

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Detailed financials for Virtue

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  • Profit trends
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Virtue Comparisons

Virtue Primary company
Description
Hair care products are developed and sold by Virtue.
Location
Raleigh, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Virtue

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Virtue

Virtue 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 Pantene, Hairstory, Anomaly Haircare, DevaCurl and Divi Official, among others.

Company Name Domain Founded year HQ Location Description
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Brand of hair care products
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Hair care products are distributed directly via website and professionals.
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Retails a range of hair shampoos to consumers.
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Hair care products including shampoos and conditioners are manufactured.
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Scalp health company
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Detailed competitors of Virtue

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  • Domains and locations
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Latest news on Virtue

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Complete news archive for Virtue

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  • Brand-specific news history

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Frequently Asked Questions about Virtue

Virtue was founded in 2014 and raised its 1st funding round 4 years after it was founded.

Virtue is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.

Melisse Shaban is the current CEO of Virtue. They have also founded this company.

Virtue is a funded company, having raised a total of $98.12M across 5 funding rounds to date.

Hair care solutions are provided by Virtue through a range of products targeting concerns like damage, thinning, dryness, and frizz. Various sectors including personal care and beauty are served with shampoos, conditioners, treatments, and styling products. Innovative technology, such as the patented Alpha Keratin 60ku, is utilized to repair hair effectively. Products are formulated to be sulfate-free, paraben-free, and cruelty-free, catering to diverse hair types and textures. The company is based in the United States with operations focused on direct-to-consumer sales and subscription models.

Virtue's top competitors include Pantene, Formulate and DevaCurl.

Virtue offers Recovery Shampoo & Conditioner Duo, Flourish Shampoo for Thinning Hair, and Damage Reverse Serum.

Virtue has 2 investors. Key investors include Clearasil, and Combe.

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