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Afrocenchix logo — company profile

Afrocenchix

Founded 2010 Seed Total: $1.95M Health Care, Health and Wellness

General Information

Company Name Afrocenchix
Founded Year 2010
Industries Health Care, Health and Wellness
Funding Stage Seed
Social

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About Afrocenchix

Afrocenchix is a startup operating in the health care industry. The company was founded in 2010 and specializes in the afro haircare market, which is a booming $42B industry. It has successfully addressed the gap in the market by catering to a niche and often overlooked customer base. The company's focused, data-driven strategy has propelled its growth, enabling it to create, produce, and sell over 65,000 bottles of effective products. Afrocenchix's efforts have been recognized by top publications such as Vogue and the Indy Best lists, and it has garnered an impressive average 4.7-star rating from its numerous satisfied customers. In its latest funding round in July 2021, Afrocenchix secured a $1.20M investment from a diverse group of investors including BACKED, CornerStone Partners, Google, Impact X Capital Partners, Nicole Crentsil, and Nal den. This investment demonstrates the confidence that key players in the industry have in the company's potential. As the company continues to gain traction and establish itself in the market, it is poised to further expand its reach and impact within the afro haircare segment. Afrocenchix is undoubtedly a startup to watch as it embarks on its promising journey of growth and innovation.

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $1.20M 6
BACKED CornerStone Partners Google
BACKED, CornerStone Partners +4
08 Jul 2021
Non Equity Assistance Undisclosed 1
Google for Startups
09 Sep 2020
Pre Seed Round $650.00K 1
Community Growth Ventures
Community Growth Ventures
21 Jun 2019
Seed Round $100.00K 1
Backstage Capital
Backstage Capital
18 Apr 2019

FAQ About Afrocenchix

Afro haircare is a $42B market with rapid growth. Yet, many major brands fail to understand their customers and their challenges. We've experienced those issues ourselves, and our focused, data-driven strategy at Afrocenchix has enabled us to create, produce, and sell over 65,000 bottles of our reli...
Afrocenchix was founded in 2010.
Afrocenchix operates in Health Care and Health and Wellness.
Afrocenchix has completed 4 funding rounds, raising a total of $1.95M. The latest funding stage is Seed.

We're actively collecting intelligence on Afrocenchix.

Source: BounceWatch company record for Afrocenchix, https://bouncewatch.com/company/afrocenchix, updated 27 October 2024. When citing, please name BounceWatch and link this page.

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