In Finance, Tech

Helsinki-based Revieve, a leading beauty technology company, raised a Series A funding round of  EUR 1.3MM (USD 1.45MM) to fuel growth of its Digital Beauty Advisor.

WHO: Revieve is a venture-funded, leading beauty technology company headquartered in Helsinki, Finland, working with retailers and beauty brands across four continents in helping to bring the in-store beauty consultant to the digital era. Revieve’s white-labeled product suite of Digital Beauty Advisor products works directly across all digital channels where retailers and brands engage beauty shoppers, including digital in-store, e-commerce, on FB Messenger, and WeChat.

WHY: The company’s new funding round will enable the company to increase its presence in key geographical markets and better serve its new and existing customers.

IN THEIR OWN WORDS: “We’re very excited to be partnering with investors both existing and new in this funding round. This raise will provide us with the ability to expand our presence, which already includes customers on four continents and enables us to grow even faster than we have until today in a very interesting market,” explains Revieve CEO Sampo Parkkinen. The funding round was led by Family Investment Company Virala Corporation.

DETAILS: 

  • Revieve raised a Series A funding round of EUR 1.3MM (USD 1.45MM).
  • The funding round was led by Family Investment Company Virala Corporation (through its subsidiary Valeado AB) with participation from Business Finland (the Finnish Agency for Innovation and Technology) as well as Finnish Super Angel Leena Niemistö, in addition to existing investors and shareholders.

 

Photo: via Revive

 

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