New York: Skin Inc Supplement Bar, the pioneer in premium custom skin-tech products and devices, announces today a new round of investment from Singapore-based Mistletoe.
Founded by Sabrina Tan, Skin Inc celebrates the uniqueness that makes you ‘you’ via a one-size-fits-me approach blending technology, data, and skincare.
Skin Inc Supplement Bar’s latest round of funding brings the total funding to date from Mistletoe to S$10M (est. US$7M). Skin Inc will use the new funding to continue reinventing the wellness and beauty industry with:
- Skin Inc Cloud Data & AI Infrastructure: Skin Inc will set up data infrastructure to increase its speed to market for customized products. The Skin ID Check is a proprietary science-based application to address the specific skin needs of each person. Product Innovation: The Skin ID check and other internal data sources, have provided valuable live data on what consumers need, allowing the company to launch award-winning customized technology such as Optimizer Voyage Tri-Light++(™)
- Global Expansion: Continue to expand eCommerce offering and omnichannel distribution worldwide
- Marketing: Continue to use data to sharpen the customer experience and expand personalized marketing initiatives worldwide
Atsushi Taira commented, “Skin Inc has been creatively thriving in this direction since its inception and we find that Sabrina is a like-minded founder to work together to achieve our goals.”
“The funds will be utilized for Skin Inc Cloud (Big Data, AI), e-commerce, and omnichannel global expansion. It will also fuel the tech-led innovation that will set us apart and propel the beauty & wellness industry forward,” says Sabrina Tan, Founder & CEO of Skin Inc.