iNNBeauty Project Closes $12M Series B Funding Round
Summary
New Capital to Drive Domestic Growth and International ExpansionNEW YORK, December 13, 2022--(BUSINESS WIRE)--iNNBeauty Project, an effective, clean, and accessible skincare brand for the next generation, announces today the closing of a Series B investment led by leading consumer investor Alliance Consumer Growth ("ACG") with participation from existing investors Strand Equity and Beechwood Capital. ""Its an exciting time for the clean beauty industry and we are proud to support iNNBeauty Project, which is leading the charge and raising the bar for others in the space by delivering truly best-in-class formulas at an unbelievable price point," said Julian Steinberg, Managing Partner of ACG. With a permanent capital base, Strand maintains a flexible approach to structure and partnership, enabling dynamic entrepreneurs and management teams to accelerate growth and build durable businesses. Current and realized investments include Youth To The People, Oatly, Studio McGee, Real Good Foods, Bai Brands, Sweaty Betty, HUM Nutrition and Vita Coco, among others. For more information, please visit: https://strandequity.com/.About Beechwood CapitalBeechwood Capital invests in unique, disruptive early and growth stage consumer brands.