BoldHue raises $3.4M seed led by Lucas Venture Group; Mark Cuban and others join to fund shipping of 10,000 makeup-dispensing devices
Boise startup BoldHue, maker of a device that dispenses customized makeup shades dubbed the “Keurig for makeup,” raised a $3.4 million seed round to ship 10,000 units, expand staff, and ramp up marketing. The round was led by Lucas Venture Group with participation from Capital Eleven, Backstage Capital, Tacoma Ventures, Mark Cuban and Kevin Huvane, bringing total funding to $5.2 million.
BoldHue raises $3.37M seed (total $5.37M) to launch $295 'Keurig for makeup' device, aims to fulfill 10,000 fall orders
BoldHue, founded in 2020 by Rachel Wilson and Karin Layton, raised $3.37 million in seed funding (bringing total to $5.37M) to launch a $295 countertop ‘Keurig for makeup’ device that mixes custom foundation; it has a 40,000+ waitlist and plans to fulfill the first 10,000 orders in the fall.
Underestimated: 'Bootstrapped VC' Arlan Hamilton
Hey GeekWire Podcast listeners, we hope you enjoy this latest episode of our new podcast, Numbers Geek with Steve Ballmer, featuring the remarkable story of Arlan Hamilton, who went from homeless to running her own venture capital firm, investing in "underestimated" founders. To listen to every episode of the new podcast, go to geekwire.com/numbersgeek. We'll be back soon with a new GeekWire Podcast episode. Thanks for listening! See omnystudio.com/listener for privacy information.
