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- Glossier
Glossier Revenue, Valuation, Funding & Investors
Glossier is valued at $1.8B as of July 2021, a 18.0x multiple on its last reported $100M revenue.
Last Glossier valuation
$1.8B
Series E · Jul 2021
Last Glossier funding round
$80M
Series E · Jul 2021
Glossier revenue
$100M
Series E · Jul 2021
Key investors in Glossier
Index Ventures
Thrive Capital
IVP
Forerunner
Sequoia Capital
14W
About Glossier
Glossier is a New York City-headquartered direct-to-consumer beauty brand selling skincare, makeup, body, and fragrance products online and in its SoHo showroom. The lineup includes Boy Brow gel, Cloud Paint blush, and Futuredew serum available in the United States, Canada, United Kingdom, and Sweden. Glossier ships from warehouses in New Jersey and maintains pop-up stores in London and Los Angeles.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Revenue
$100M (Jul 2021)
Valuation
$1.8B (Jul 2021)
Glossier Valuation
Glossier is currently valued at $1.8B, based on its Series E in July 2021.
The $80M round was led by Lone Pine Capital, with participation from Index Ventures, IVP, Forerunner, Sequoia Capital and Thrive Capital.
Glossier's valuation has grown 4.6x from $390M at its Series C in February 2018 to $1.8B in July 2021, across 3 priced rounds.
Glossier valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jul 2021 | Series E | $1.8B | 18.0x |
| Mar 2019 | Series D | $1.2B | 12.0x |
| Feb 2018 | Series C | $390M | - |
Glossier Revenue
Glossier's latest recorded revenue is $100M, as of its Series E in July 2021. At a $1.8B valuation, that implies a 18.0x revenue multiple.
Revenue moved from $100M in March 2019 to $100M in July 2021, while the revenue multiple moved from 12.0x to 18.0x.
Glossier revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jul 2021 | $100M | $1.8B | 18.0x | Series E |
| Mar 2019 | $100M | $1.2B | 12.0x | Series D |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Glossier Funding History
Glossier has raised a total of $266M across 6 funding rounds.
Glossier's first fundraising round was a $2M seed round in September 2014. The most recent completed round was a $80M Series E in July 2021.
Glossier funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2021 | Series E | Lone Pine Capital (lead); Index Ventures; IVP; Forerunner; Sequoia Capital; Thrive Capital | $80M | $1.8B | Glossier, a digital-native direct-to-consumer beauty brand founded in 2014 by Emily Weiss, raised $80 million in Series E funding led by Lone Pine Capital. The round valued the company at $1.8 billion post-money and included participation from existing investors Forerunner Ventures, Index Ventures, IVP, Sequoia Capital, and Thrive Capital. The funding brought Glossier's total capital raised to approximately $266 million. Glossier offers approximately 40 fragrance, body, makeup, and skincare products priced between $12 and $60, serving five million consumers globally. The company is known for its 'skin first' approach and operates as a digital-first, direct-to-consumer brand with a strong online community focused on beauty discovery and personalized experiences. The Series E proceeds were allocated toward scaling both online and offline channels globally, with a particular focus on brick-and-mortar expansion. Shortly before the funding announcement, Glossier announced plans to open three new permanent stores in Seattle, Los Angeles, and London, reversing its pandemic-era closure of all physical locations. The company's e-commerce channel accounted for approximately 80 percent of revenue at the time of the round, reflecting its digital-native positioning while pursuing an omnichannel strategy combining immersive retail experiences with personalized e-commerce platforms. |
| Mar 2019 | Series D | Sequoia Capital (lead); Tiger Global (lead); Greenspring Associates; Index Ventures; IVP; Spark Capital; Forerunner; Thrive Capital | $100M | $1.2B | Glossier is a direct-to-consumer beauty company founded by Emily Weiss that sells makeup and skincare products primarily online. In March 2019, Glossier raised $100 million in a funding round led by Sequoia Capital and Tiger Global, along with co-investors including Forerunner, Greenspring Associates, Index Ventures, IVP, and Spark Capital. The round valued the company at $1 billion post-money, marking Glossier's achievement of unicorn status. At the time of the fundraising, Glossier reported that its annual revenue more than doubled in 2018 and surpassed $100 million as a fully direct-to-consumer business, giving the company a valuation-to-revenue multiple of approximately 10x. The company had built significant social media presence with 1.9 million Instagram followers, demonstrating strong brand engagement and customer acquisition efficiency through digital channels. |
| Feb 2018 | Series C | Index Ventures (lead); IVP (lead); Howard Schultz; 14W; Forerunner; Thrive Capital; Imaginary Ventures | $52M | $390M | Glossier, a direct-to-consumer beauty company founded by Emily Weiss in 2014 from her Into the Gloss blog, raised $52 million in a Series C funding round on February 22, 2018, led by Index Ventures and IVP, with participation from existing investors including Forerunner Ventures, Thrive Capital, Imaginary Ventures, and others like Howard Schultz. This brought total funding to $86 million. Funds were earmarked for investing in customer experience, e-commerce enhancements, international expansion, and product development in skincare, makeup, body, and fragrance categories. At the time, Glossier operated primarily online with showrooms in New York and later Los Angeles, shipping to the US, Canada, and UK. The company had expanded into new countries and categories in 2017, opened offices in London and Montreal after acquiring Canadian tech agency Dynamo, and grew to 150 employees. It launched new products every six weeks on average, emphasizing formula development and community-driven brand building via social media, reps, and direct customer relationships. Traction included tripled revenue from 2016 to 2017, with expectations to exceed $100 million in revenue by end of 2018. Glossier positioned itself in the $433 billion global beauty market projected to reach $750 billion by 2024, targeting millennials and Gen Z through Instagram (nearly 2 million followers) and disrupting incumbents like Estee Lauder and L’Oreal with its online-first, inclusive approach. |
| Nov 2016 | Series B | IVP (lead); Index Ventures | $24M | - | Glossier, a US-based cosmetics brand that emerged from the lifestyle blog Into the Gloss in 2014, produces skincare, makeup products, and merchandise. The company raised $24 million in a Series B round in November 2016, led by IVP with participation from Index Ventures. This followed a $2 million seed round in September 2014 from Forerunner Ventures and Lerer Hippeau, and an $8.4 million Series A in November 2014 led by Thrive Capital with additional investors including WME, 14W, Toms Capital, Manzanita Capital, and angels. The Series B funding was intended for technology investments, launching new products, opening permanent retail locations, and international expansion. At the time, Glossier had grown to support strong US demand with expanded office space, 40 more employees, and over 10 product launches since its Series A. The round reflected confidence in its digitally native, community-driven beauty brand model, reducing the perceived risk compared to earlier funding stages. Later rounds included a $52 million Series C in February 2018 led by Index Ventures and IVP, with total funding reaching $266 million by 2021 and a valuation of $1.8 billion as of July 2021. |
| Nov 2014 | Series A | Thrive Capital (lead); Lerer Hippeau; WME Ventures; 14W; Forerunner; Manzanita Capital; Andy Dunn; TOM Capital Associates; Counterpart Advisors | $8M | - | Glossier raised $8.4 million in Series A funding on November 17, 2014, led by Thrive Capital with participation from 14W, TOMS Capital Associates, Manzanita Capital, WME Ventures, Andy Dunn, Forerunner Ventures, and Lerer Hippeau Ventures. The round came shortly after the brand's product launch in October 2014. Glossier, founded by Emily Weiss from her beauty blog Into The Gloss, is a content-driven, vertically integrated beauty products company offering accessible luxury skincare and cosmetics like Soothing Face Mist and Priming Moisturizer. The funding aimed to build the team, scale production, and meet demand from its rapidly growing community. |
| Sep 2014 | Seed | BoxGroup | $2M | - | - |
Who has invested in Glossier?
19 investors have backed Glossier across its funding rounds, including Index Ventures, Thrive Capital, IVP, Forerunner, Sequoia Capital and 14W.
Lead investors include Lone Pine Capital, Sequoia Capital, Tiger Global, Index Ventures, IVP and 1 other investor.
Glossier Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Nov 2016 | ||
| 4 | Lead | Nov 2016 | ||
| 4 | Participant | Nov 2014 | ||
| 4 | Lead | Nov 2014 | ||
| 2 | Participant | Nov 2014 | ||
| 2 | Lead | Mar 2019 | ||
| 1 | Participant | Nov 2014 | ||
| 1 | Participant | Mar 2019 | ||
| 1 | Participant | Nov 2014 | ||
| 1 | Lead | Jul 2021 | ||
| 1 | Participant | Mar 2019 | ||
| 1 | Participant | Sep 2014 | ||
| 1 | Participant | Feb 2018 | ||
This data is available for Pro users. Sign up to see all 19 Glossier investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Glossier
Glossier has acquired 1 company to date.
Last acquisition by Glossier was on February 28th 2018. Glossier acquired Dynamo for undisclosed valuation.
Latest Acquisitions by Glossier
| Description | Dynamo is a Philadelphia-based full-service digital design studio delivering web and mobile solutions since 1999. The agency has earned awards for projects in user experience, branding, and interactive media for clients in healthcare, finance, and consumer sectors. |
| HQ Country | |
| HQ City | Montreal |
| Deal Date | 28 Feb 2018 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Glossier acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by Glossier
Glossier has invested in 1 company to date.
Latest investment by Glossier was on May 4th 2026. Glossier invested in Bathhouse in their $35M Undisclosed stage round.
Latest Investments by Glossier
| Description | Bathhouse is a wellness spa that provides services to improve guests' appearance, health, and performance. |
| HQ Country | |
| HQ City | New York City, NY |
| Deal Date | 4 May 2026 |
| Round | Undisclosed stage |
| Raised | $35M |
| Investors | DK Metcalf; Kosas; Klay Thompson; Point Of View; Reale Actives; Imaginary Ventures |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Glossier investments and their VC round multiples. Start Free Trial | |
Glossier Competitors
Glossier competitors include listed companies like Zydus Wellness and Qingdao Baheal Medical, and private ones like Lush Fresh Handmade Cosmetics, GP Club, Pharmapacks and KKW Beauty.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.5B | - | ||
| Private | - | - | $1.3B | - | ||
| Private | $250M | - | $1.1B | 4.4x | ||
| Private | $100M | - | $1B | 10.0x | ||
| Publicly listed | $411M | $49M | $1.8B | 4.5x | ||
| Publicly listed | $1.1B | $139M | $1.8B | 1.9x |
Glossier Public Comps
Glossier is still privately-owned, but its public comps include Zydus Wellness, Qingdao Baheal Medical, ACV Auctions, Modivo, Perrigo, Emami, Faes Farma, Botanee Group, SILICON2 and Suning.com.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $411M | $49M | 5.2x | 4.5x | 43.5x | 32.1x | |||
| $1.1B | $139M | 1.9x | 1.9x | 15.1x | 16.8x | |||
| $760M | ($19M) | 2.3x | 2.1x | (89.6x) | 24.8x | |||
| $2.9B | $224M | 1.0x | 0.9x | 12.8x | 7.3x | |||
| $4.3B | ($798M) | 1.1x | 1.2x | (6.0x) | 6.5x | |||
| $391M | $105M | 4.2x | 3.9x | 15.6x | 15.4x | |||
| $703M | $136M | 2.8x | 2.3x | 14.3x | 11.4x | |||
| $799M | $125M | 1.9x | 1.8x | 12.0x | 11.2x | |||
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Common questions about Glossier
| When was Glossier founded? | Glossier was founded in 2010. |
| Where is Glossier headquartered? | Glossier is headquartered in New York City, NY, United States. |
| Is Glossier publicly listed? | No, Glossier is a private, VC-backed company. |
| What is Glossier's valuation? | Glossier was last valued at $1.8B in its Series E in July 2021. |
| How much funding has Glossier raised? | Glossier has raised $266M across 6 funding rounds. |
| What was Glossier's last funding round? | Glossier's last funding round was a $80M Series E in July 2021, led by Lone Pine Capital. |
| Who are Glossier's investors? | Glossier's investors include Index Ventures, IVP, Forerunner, Thrive Capital, 14W, Sequoia Capital, Lerer Hippeau, Greenspring Associates, WME Ventures, Lone Pine Capital and 9 others. |
| What is Glossier's revenue? | Glossier's latest recorded revenue is $100M (July 2021). |
| What is Glossier's revenue multiple? | Glossier's latest valuation implies a 18.0x revenue multiple ($1.8B valuation on $100M of revenue). |
| Which companies are comparable to Glossier? | Companies comparable to Glossier include Lush Fresh Handmade Cosmetics, GP Club, Pharmapacks, KKW Beauty, Zydus Wellness and Qingdao Baheal Medical. |
| How many companies has Glossier acquired? | Glossier has acquired 1 company, including Dynamo. |
| How many companies has Glossier invested in? | Glossier has invested in 1 company, including Bathhouse. |
| What was Glossier's last investment? | In May 2026, Glossier invested in Bathhouse's $35M undisclosed-stage round alongside DK Metcalf, Kosas, Klay Thompson and 3 other investors. |
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