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Top 7 Cosmetics Unicorns in 2024

Updated:

January 22, 2024

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Unicorns

Have you ever wondered which private companies in the Cosmetics industry have the highest valuations?

You’re not alone.

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There are lots of unicorn companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 7 Cosmetics unicorn startups, from highest to lowest valuation.

7 Cosmetics Unicorns Companies

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1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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1) Xingyun Group

XINGYUN GROUP provides an international service network in China, covering all aspects of business and trade for our customers.

Details of the startup:

  • Valuation: $2.00B (September 2020)

  • Country: China

  • State: Guangdong

  • City: Shenzhen

  • Started in: 2015

  • Founders: Billy Wang

  • Number of employees: 1,000-5,000

  • Funding: $953.50M

  • Funding rounds: 6

  • Number of investors: 27

You can find their website here.

2) GPclub

GP Club, one of the leading cosmetics manufacturing and distribution companies, offers a wide range of products in the health and beauty industry.

Details of the startup:

  • Valuation: $1.32B (October 2018)

  • Country: South Korea

  • City: Seoul

  • Started in: 2003

  • Founders: Jung-Woong Kim

  • Number of employees: 100-250

  • Funding: $66.16M

  • Funding rounds: 1

  • Number of investors: 1

You can find their website here.

3) MyGlamm

MyGlamm is a direct-to-consumer beauty brand that offers a marketplace for stylists, beauticians, nail, and spa aestheticians.

Details of the startup:

  • Valuation: $1.20B (November 2021)

  • Country: India

  • City: Mumbai

  • Started in: 2015

  • Founders: Darpan Sanghvi, Priyanka Gill

  • Number of employees: 250-500

  • Funding: $283.88M

  • Funding rounds: 12

  • Number of investors: 19

You can find their website here.

4) L&P Cosmetic

L&P Cosmetic is a dedicated team of cosmetic scientists and formulators dedicated to designing and creating the highest quality skin care products.

Details of the startup:

  • Valuation: $1.19B (January 2016)

  • Country: South Korea

  • City: Seoul

  • Started in: 2009

  • Founders: Kwon Oh-sub

  • Number of employees: 100-250

  • Funding: $118.64M

  • Funding rounds: 2

  • Number of investors: 2

You can find their website here.

5) Purplle

Purplle is an online cosmetics, perfume, skin, and hair care retailer.

Details of the startup:

  • Valuation: $1.10B (June 2022)

  • Country: India

  • State: Maharashtra

  • City: Mumbai

  • Started in: 2012

  • Founders: Manish Taneja, Rahul Dash

  • Number of employees: 101-250

  • Funding: $296.32M

  • Funding rounds: 14

  • Number of investors: 19

You can find their website here.

6) Augustinus Bader

Augustinus Bader is a haircare and skincare company that provides treatments and products.

Details of the startup:

  • Valuation: $1.00B (November 2022)

  • Country: United Kingdom

  • State: England

  • City: London

  • Started in: 2017

  • Founders: Augustinus Bader, Charles Rosier

  • Number of employees: 101-250

  • Funding: $25.00M

  • Funding rounds: 1

  • Number of investors: 2

You can find their website here.

7) Heyday

Heyday is a skincare company offering customized facial treatments.

Details of the startup:

  • Valuation: $1.00B (November 2021)

  • Country: United States

  • State: Illinois

  • City: Chicago

  • Started in: 2020

  • Founders: Adam Ross, Jeni Sykes, Michael Pollak

  • Number of employees: 100-250

  • Funding: $800.00M

  • Funding rounds: 6

  • Number of investors: 10

You can find their website here.