Glossier is apparently fundraising once again, intending to raise $100 million with an appraisal south of a billion dollars, according to Puck.Glossier, still one of the more popular beauty brand names, was last valued at $1.8 billion almost four years earlier, however has fought with success and scale these previous couple of years.
Glossier did not immediately react to our ask for comment.Sources who talked to Puck stressed that Glossier doesnt necessarily need the money, but had a desire for new consumer-oriented financiers and a revitalized board.
That, and the direct-to-consumer market is much various than when it struck its assessment all those years earlier, back when investors were still throwing cash at the walls.Right now, financiers in the brand name include everyone from Forerunner to Sequoia, Thrive, and Index, per Puck and PitchBook.