Men's brand Hawthorne raised $12 million in a Series B funding round led by Coefficient Capital.
WHO: Launched in 2016 by Brian Jeong and Phil Wong, Hawthorne is a subscription-based model calibrated to replace products based on consumer usage and is built on the premise of personalized products using a simple questionnaire and algorithm that analyzes factors from body chemistry to lifestyle. In 2020, Hawthorne leaned into skincare and recently launched five products, which marked its entrance into the shave and hair-styling categories.
WHY: The new capital will finance Hawthorne's brick-and-mortar distribution expansion in Nordstrom stores, Nordstrom.com, and Canadian retailer SSense and SSense.com.
IN THEIR OWN WORDS: Brian Jeong, co-founder and CEO, said, "We've always been focused on making premium personal care products more accessible for men, and our expansion into Nordstrom is our next step in making our tailored formulas more available—both online and now in store."
He continued, "With our Series B, we've been focused on continuing to create new premium, top-of-the-line formulas for men like our recently launched Avocado Seed Thickening Hair Clay and our Papaya Enzyme Exfoliator, but more importantly make these products available to men through our online personalization flow and now also in store with our partnership with Nordstrom."
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