Secret Skin raises $765,000 pre-Seed

  • Date: 12-Dec-2022
  • Source: Wamda
  • Sector:Technology
  • Country:UAE
  • Who else needs to know?

Secret Skin raises $765,000 pre-Seed

UAE-based skincare marketplace Secret Skin, has raised $765,000 in a pre-Seed funding round, led by angel investors, with participation from INSEAD and Wharton Alumni groups.

Founded in 2020 by Anisha Oberoi and Mayank Chauhan, Secret Skin offers sustainable beauty products.

The new funding will be used to elevate Secret Skin’s brand portfolio of global sustainable beauty brands for its D2C offering, enhance its B2B2C value proposition, and expand into other GCC markets.

Press release:

Secret Skin, the Middle East’s largest platform for Sustainable Beauty dedicated to women’s health and wellness, has raised $765,000 in a new angel investment round. 

The funding round was led by notable angel investors and leaders from e-commerce (Amazon), fintech (SPOTII), healthcare and pharma (NMC, Aster), media and entertainment (Walt Disney), retail, hospitality and beauty industries (Baccarose, Al Hokair, Sunset Hospitality), with participation from global INSEAD and Wharton Alumni groups. 65% of Secret Skin investors are women, furthering the charter of female-entrepreneurship support in the region. 

The Pre-Seed financing will be used to elevate Secret Skin’s brand portfolio of global sustainable beauty brands for its DTC offering, enhance its B2B2C value proposition serving local female-focused communities, and expand its market share within the GCC, alongside the development of its Private Label. 

Over the