Revenue-based financing is gaining traction in the beauty industry. Founders are trading equity stakes for revenue share, as companies such as Clearco rethink traditional investment models. Clearco, which raised $215 million from SoftBank over the summer, invests in beauty e-commerce businesses in exchange for a fee and a percentage of revenue. The company has already seen success, investing $2.5 billion in more than 5,500 start-ups worldwide since it was founded in 2015. WWD
- Notch Raises $10M to Help Restaurants Go Digital
- He Built Evernote To 200 Million Users And Now Raised $140 Million To Make Virtual Meetings Better
- ShearShare’s founders climbed Mount Kilimanjaro. Here’s what they learned.
- Kinfield on Shark Tank
- Elroy Air Autonomous Cargo VTOL Orders Top $2 Billion With New Deal