CosmEthics logo — CosmEthics app scans barcodes and informs users of product i...

CosmEthics

CosmEthics app scans barcodes and informs users of product ingredients to help determine health hazards.

Founded 2013 Finland Finland 9 employees Seed Total: $900.00K Health Care, Health and Wellness +1

General Information

Company Name CosmEthics
Founded Year 2013
Location Finland Finland
Employees 9
Industries Health Care, Health and Wellness, Mobile
Funding Stage Seed
Social

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About CosmEthics

CosmEthics is a Finnish startup founded in 2013 that has developed an app with the slogan "CosmEthics app scans barcodes and informs users of product ingredients to help determine health hazards." The app aims to educate consumers about cosmetic ingredient safety and suggest healthier alternative products by referencing medical research data. Operating in the Health Care industry, CosmEthics fills a gap in the market, as consumers have limited methods to determine if a product is safe for use. Through the app, users can scan a product’s barcode and cross-reference it with undesirable ingredients or allergens, allowing them to quickly assess the product’s health hazards based on a toxicity screening of INCI ingredients. The startup secured a €550.00K investment in a Seed Round on 04 September 2017. This signals confidence from potential investors in the potential of CosmEthics and its innovative solution for the health-conscious consumer market, although the specific investors in this round are not disclosed. The app's ability to provide valuable information to consumers while promoting healthier products aligns with current trends in consumer behavior towards more health-conscious and sustainable choices. With the commendable investment and growing consumer demand for transparent, safety-focused products, CosmEthics is well-positioned to drive positive change in the health and wellness industry and create lasting value for both users and potential stakeholders.

Business keywords: Cosmetic products, Consumer safety, App development, Toxicity screening, Allergy screening, Product ingredients, Health hazards, Ingredient safety, Barcode scanning, Allergens, Health awareness, Medical research data, INCI ingredients, Alternative products, Cosmetic ingredient education

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round €550.00K -
04 Sep 2017
Grant €50.00K 1
EASME - EU Executive Agency for SMEs
01 Dec 2016
Seed Round €300.00K -
14 May 2014

CosmEthics Alternatives & Competitors

CosmEthics vs
Yuka
Yuka France

Make the right choices for your health 🥕

Seed
250 employees
Health Care, Mobile

FAQ About CosmEthics

CosmEthics app scans barcodes and informs users of product ingredients to help determine health hazards.
CosmEthics was founded in 2013.
CosmEthics is headquartered in Finland.
CosmEthics operates in Health Care, Health and Wellness and Mobile. Its work centres on Cosmetic products, Consumer safety, App development and Toxicity screening.
CosmEthics has approximately 9 employees.
CosmEthics has completed 3 funding rounds, raising a total of $900.00K. The latest funding stage is Seed.
Top alternatives and competitors to CosmEthics include Yuka. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CosmEthics and Yuka are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for CosmEthics, https://bouncewatch.com/company/cosmethics, updated 11 November 2024. When citing, please name BounceWatch and link this page.

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