10Beauty, founded in 2020 and headquartered in Burlington, MA, is on a mission to revolutionize the beauty industry with its innovative use of robotics and automation. With their slogan, "We're building the definitive Intelligent Beauty company with the world's first full manicure machine," 10Beauty aims to redefine how consumers experience service interactions.
The company is nearing a significant milestone by closing a $20M Series B funding round, building on a previous total financial commitment of $40M. This funding will enable the launch of their pioneering manicure machine in the next year. They've already secured over $13M in pre-sold annual subscriptions, ensuring robust initial market traction.
The 40-person team at 10Beauty boasts impressive expertise, having collectively introduced over 75 successful new-to-market products. Previous investors include Imag/nary Ventures, Lerer Hippeau, Shine Capital, and Red Sea Ventures, indicating strong confidence in their vision. Positioned at the crossroads of Manufacturing, Retail, Robotics, and Wellness Beauty, 10Beauty stands as a compelling opportunity for forward-thinking investors.