Glossier triples valuation with latest funding

IVP and Index Ventures have led a $52 million Series C for Glossier at a valuation of $390 million. The New York-based company, which was founded in 2014 by Emily Weiss, sells skincare products and makeup directly to its customers. The company experienced 3x annual revenue growth last year compared to 2016, according to TechCrunch.

The new round continues a steady rise in the startup's worth. Here's a look at Glossier's funding and valuation history:

• Jan. 2013: $2M round | $10M valuation
• Nov. 2014: $8.4M | $24M
• Nov. 2016: $24M | $130M
• Feb. 2018: $52M | $390M

Check out the beauty company's free profile for more.

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