Our investment in Yepoda
Summary
The round is led by Verlinvest, the global, consumer-focused, evergreen investment firm, with continued participation from existing investors V3 Ventures and JamJar Investments.The new funding will be used to accelerate Yepodas growth, especially the brands recent Europe-wide roll-out into Sephora, and to support its launch into the U.S. while continuing to drive Yepodas industry-leading focus on product innovation. The company has grown to more than 65m in revenue in 2024 with more than 1 million loyal customers across France, Italy, Spain, the UK and Germany, achieving 120%+ YoY profitable growth.Verlinvest, known for backing iconic and category-defining consumer brands, recognizes Yepodas potential to become a global leader in the beauty industry. Ben Black, of Verlinvest, commented: We are delighted to be backing Sander and Veronika in accelerating Yepodas growth internationally and bringing K-Beauty to a wider audience. This list includes some of Sephoras most prestigious European flagship stores such as the location on Champs-Elys\xe9es in Paris, France, and on Corso VittorioEmanuele in Milan, Italy. All products of the clean beauty brand are developed and made in Korea, based on the best natural and active ingredients and have a strong commitment to sustainability.