10Beauty has filed a notice of an exempt offering of securities to raise $23,999,942.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, 10Beauty is raising up to $23,999,942.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Justin Effron played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About 10Beauty
10Beauty, located in Burlington, MA, is building the definitive Intelligent Beauty company, leveraging robotics and automation to reimagine how people can interact with machines on a service level. We are about to close on a $20M Series B round of funding (total funding of $40M), to launch the worlds first full manicure machine next year, having already pre-sold over $13M in annual manicure pod subscriptions to our first launch partners. Our diverse 30-person and growing team is built around individuals with a consistently demonstrated track record of introducing successful new-to-the-world products (75+ new products launched across the team).
To learn more about 10Beauty, visit http://www.10beauty.co/
Contact:
Justin Effron, Chief Executive Officer
917-612-0114
https://www.linkedin.com/in/justin-effron-b11b0455/
SOURCE: http://www.intelligence360.io
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