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Glossier might lose its unicorn status, report says

TechCrunch LogoTechCrunch2w ago

Glossier might lose its unicorn status, report says - TechCrunch

Quick Summary:

Glossier is reportedly fundraising again, aiming to raise $100 million with a valuation "south of a billion dollars,” according to Puck.  Glossier, still one of the more popular beauty brands, was last valued at $1.8 billion nearly four years ago, but has struggled with profitability and scale these past few years.

Right now, investors in the brand include everyone from Forerunner to Sequoia, Thrive, and Index, per Puck and PitchBook.

Glossier did not immediately respond to our request for comment.


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Article Details

Author / Journalist: Dominic-Madori Davis

Category: StartupsBusiness

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 16:30:00 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 135 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 27870068

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